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DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESES PRESENTS:

This Contract is made and entered by and between _____________,


of legal age, married to ___________________, Filipino and a resident of
___________________, hereinafter referred to as the VENDOR;

- and –

_______________, of legal age, Filipino, married to _______________and


a resident of ____________, hereinafter referred to as the VENDEE.

W I T N ES S E T H

1. That the vendor is the absolute owner of a real property covered by


TCT No. _________ and more particularly described as follows:

TCT No. _________

(Technical Description of the Property)

2. That for and in consideration of the sum of ___________________


(Php. ___________), received from the vendee, the vendor hereby
CEDE, SELL and TRANSFER unto the vendee, his heirs and assigns the
portion of the above-described real property under the following terms
and conditions:

a) That upon execution of this Contract, the vendee shall pay to the
vendor the sum of ____________ (Php. _________) in cash;

b) That on (date of 2 nd payment), the vendee shall pay the vendor the
balance price of ___________ (Php. _______).

3. That possession and title to the said portion of real property shall only
pass to the vendee upon fulfillment of the terms and conditions of this
Contract.

IN WITNESS WHEREOF, we have hereunto affixed our signatures


this____ day of _______________ at ________________.

_____________ ___________
Vendee Vendor

Signed in the presence of:

___________________ ______________________
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ACKNOWLEDGEMENT

Republic of the Philippines)


) S.S

BEFORE ME, personally appeared:

Name CTC Number Date/Place Issued

(Name of Vendor) ________ __________

(Name of Vendee) ________ _________

Known to me and to me known to be the same persons who executed


the foregoing instrument, which consists two pages (2) including the page
where this acknowledgment is written, and acknowledged to me that the
same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL, on the date and place first above
written.

Notary Public

Doc. No.______;
Page No. ______;
Book No.______;
Series of 2010.

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