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Deed of Donation 1
Deed of Donation 1
WITNESSETH:
That the DONOR is the owner in fee simple of a certain parcel of land situated at
_________________, covered by Transfer Certificate of __________________ of the
Register of Deeds of ________________, and more particularly described as follows:
Description
That for and in consideration of the love and affection which the DONEE inspires
in the DONOR, and as an act of liberality and generosity, the DONOR hereby
voluntarily and freely gives, transfers and conveys, by way of donation, unto said
DONEE, his heirs, executors and assigns, all of the right, title and interest which said
DONOR has in the above-described real property, together with all the buildings
and improvements found therein, free from all liens and encumbrances and
charges of whatsoever nature;
That the DONOR hereby states, for the purpose of giving full effect and validity
to this donation, that he has reserved to himself sufficient property, in full
ownership or in usufruct, which is necessary and adequate for his support in
consonance with his standing in society;
That the DONOR further states, for the same purpose as expressed in the next
preceding paragraph, that this donation is not made with the object of
defrauding his creditors, having reserved to himself property sufficient to answer
for his debts contracted prior to this date;
That the DONEE hereby accepts and receives this gift and donation made in
his favor by the DONOR, and he hereby expresses his appreciation and
gratefulness for the kindness and generosity of the DONOR.
IN WITNESS WHEREOF, both the DONOR and DONEE have hereunder subscribed
their names this __________ day of
__________________20_____at_____________________, Philippines.
DONOR DONEE
WITNESSES:
_____________________________ ______________________________
ACKNOWLEDGEMENT
BEFORE ME, a notary for and in the City of Makati, personally appeared:
WITNESS MY HAND AND SEAL, on the date and place first above written.
Notary Public
Doc. No._____;
Page No. _____;
Book No._____;
Series of 20___.