(Deed of Donation of Condominium Unit)

DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino, (single / married /

widow), and a resident of _____________, Philippines (hereinafter called
the "DONOR");

- and -

_____________, likewise of legal age, Filipino, (single / married /

widow), and a resident of _____________, Philippines (hereinafter called
the "DONEE");

WITNESSETH:

WHEREAS, the DONOR is the registered owner of a certain condominium unit, more
particularly described as follows:

(Technical Description of Title of Condo Unit)

WHEREAS, the DONEE desires to donate the above-described condominium unit to her
_____________, and the latter is ready, willing and able to accept the same;

NOW, THEREFORE, for and in consideration of the love and affection which the
DONEE inspires in the DONOR, and as an act of gratitude, pure liberality and generosity on her
part, the DONOR hereby voluntarily and freely GIVES, TRANSFERS, and CONVEYS by way
of DONATION, unto the DONEE, (his/her) heirs, assigns, and successors-in-interest, the above-
described condominium unit, together with all the improvements found thereon, free from all
liens, encumbrances and charges of whatever kind;

That the DONOR affirms that this donation is not made with intent to defraud (his/her)
creditors, and that (he/she) has sufficient funds and property reserved for herself and her
obligations;

That the DONEE hereby accepts and receives this donation made in (his/her) favor by
the DONOR, and hereby manifests (his/her) gratefulness for the latter's generosity and liberality.

IN WITNESS WHEREOF, both parties have hereunder subscribed their names this
_____________ at _____________, Philippines.

DONOR DONEE

SIGNED IN THE PRESENCE OF:

__________________ __________________

(ACKNOWLEDGMENT)