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CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT, executed and entered into by and between:

___________________________________; of legal age and ______________, with


postal addresses at ___________________________, hereinafter referred to as “SELLER”;

-and-

___________________________________, of legal age and ______________ with


residence and postal address at ________________, hereinafter referred to as “BUYER”;

Witnesseth:

WHEREAS, the SELLER is the registered owner of a piece of Property


(“Property”) located in ________________________ covered by ________________ issued
by Registry of ________________________;

WHEREAS, the SELLER has agreed to sell the Property to the BUYER at
________________________________________________________ (PHP ____________.00);

WHEREAS, the BUYER has agreed to purchase the above-described property


and the SELLER has agreed to sell the same to the former subject to the terms and
conditions herein below specified:

After two (2) days upon the signing of this Contract, the SELLER shall execute a FINAL
DEED OF ABSOLUTE SALE in favor of the BUYER after the payment of
________________________________________________________ (PHP ____________.00);
in favor of the SELLER;

The __________ shall pay the amount of Capital Gains, Documentary Stamp and
Transfer Taxes;

It is further understood and agreed that should the SELLER fail to the comply with the
aforementioned terms and conditions, especially the payment of the Real Property
Taxes, all payments made by the ____________ to and in behalf of the SELLER in the
total amount of ________________________________________________________ (PHP
____________.00), shall be returned within ten (10) days from notice in writing.

IN WITNESS WHEREOF, we have signed this deed at _____________ this _____


day of _____________ 2017.
____________________________________
Seller

____________________________________
Seller

REPUBLIC OF THE PHILIPPINES}


CITY OF ______________________} S.S.

ACKNOWLEDGMENT

BEFORE ME A NOTARY PUBLIC for and in the City of ______________, this


____ day of ______________ 2017, personally appeared the following persons and
exhibited to me their respective valid IDs:

who are known to me and to me known to be the same persons who executed the
foregoing Contract to Sell consisting of two (2) pages including the page in which this
acknowledgment appears and acknowledged to me that the same is their free and
voluntary act and deed.

WITNESS MY HAND AND SEAL on the day, month, year, and place above-
written.

Doc. No.______
Page No. _____
Book No. _____
Series of 2017.

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