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Contract of Sale
Contract of Sale
This Contract of sale is executed on 15th day of June 1995 at Pasig City by and between:
WITNESSETH:
NOW THEREFORE, for and in consideration of the total sum of TWO MILLION
PESOS (Php 2,000,000.00), and of the covenants herein after set forth the
SELLER/VENDOR agrees to sell and the BUYER/VENDEE agree to buy the aforesaid
property subject to the following terms and conditions:
4. The Parties agree that upon full payment of the total price, the
SELLER/VENDOR shall sign and execute a DEED OF ABSOLUTE SALE in favor of the
BUYER/VENDEE. The SELLER/VENDOR shall likewise execute and/or deliver any and
all documents, including but not limited to the original copy of Transfer Certificate of Title,
Tax Declaration and all other documents necessary for the transfer of ownership from
SELLER/VENDOR to the BUYER/VENDEE.
5. The Parties agree that possession will remain with the SELLER/VENDOR and
her successors in interest and may perform any act of dominion over the subject property.
6. All pending utility bills, if any, Real Estate Tax up to the time of sale, Capital
Gains Tax, Documentary Stamp Tax, shall be for the account of the SELLER/VENDOR.
7. Notarization fees, Registration Fee, Transfer Fees and all miscellaneous fees
and expenses to transfer the certificate of title in the name of the new owner shall be for
the account of the SELLER/VENDOR.
IN WITNESS WHEREOF, the PARTIES have set their hands on the date and
place first above-written.
ACKNOWLEDGEMENT
In Pasig City, 15th day of June 1995, personally appeared before me the following
persons, showing unto me an integrally complete instrument/document, consisting of
three (3) pages including this page, such person/s being known to me personally or
through valid ID’s as the same person/s who executed the foregoing instrument, namely:
WITNESS MY HAND AND SEAL on the date and place first above written.
, 2019
Roll of Attorney: 51694
PTR 7547112; 7-05-2018;
IBP 877602; 7-03-2018;