DEED OF TRANSFER OF RIGHTS

WITH ASSUMPTION OF OBLIGATION

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Transfer of Rights with Assumption of Obligation made and

executed this ________________, by and between:

JUAN DELA CRUZ, of legal age, single, Filipino with residence

address at 32 Malakas Street, Brgy. Pinyahan, Quezon City, now
and hereinafter referred to as the TRANSFEROR;

-and-

STELLA DIAZ, of legal age, married to TITO DIAZ, Filipino with

residence address at 233 Sangangdaan, Caloocan City, hereinafter
referred to as the TRANSFEREE;

WITHNESSETH THAT:

WHEREAS, the TRANSFEROR has acquired all rights and interest to one
(1) condominium unit known as VICTORIA STATION 2 project, particularly
identified as Unit 1345, located at EDSA, QUEZON CITY;

NOW, THEREFORE, far and in consideration of the sum of (Total

Contract Price) TWO MILLION PESOS (Php 2,000,000.00) Philippine
Currency, the TRANSFEROR hereby cedes, transfer, assigns, and conveys
unto the TRANSFEREE his heirs, successors, and assigns any of all his/her
rights and interest, pursuant to the Option Agreement, in a manner of absolute
and irrevocable;

TRANSFEREE hereby agrees to assume and comply fully with all the
obligations of the TRANSFEROR under the aforesaid Option Agreement
including payments of utilities such as water, electric bill, and the like consequent
to use and possession of said condominium unit. TRANSFEREE further
undertakes to comply with all the restrictions imposed on the unit subject hereof
by the Condominium Corporation of the Project;

Upon full payment of the total consideration under this deed, evidenced
by either the written acknowledgement of such fact by TRANSFEROR or such
other proof of the encashment of all issued check, this deed shall be considered
as a Deed of Absolute Transfer of Rights over said condominium unit to and
in favor of TRANSFEREE for all legal intents and purposes, the TRANSFEROR
further undertake to execute and deliver to TRANSFEREE any and all such
documents and papers necessary and convenient to effect transfer of ownership
in favor of TRANSFEREE over said condominium unit as may be required under
the terms of the aforesaid Option Agreement;

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 It is understood however, that all the consequential expenses for said
transfer of ownership, documentary stamp, and such other fees, shall be borne
by the TRANSFEREE.

IN WITNESS WHEREOF, the parties hereto have affixed their

signatures hereunder, this _______________ at Quezon City.

Transferor Transferee

Transferee’s Spouse

Signed in the presence of:

_____________________________ _____________________________

Republic of the Philippines)

Quezon City )S.S.

ACKNOWLEDGEMENT

BEFORE ME, a notary public for and in Quezon City, personally appeared:

NAME VALID ID ISSUE DATE

known to me to be the same persons who executed the foregoing Deed of

Transfer of Rights with Assumption of Obligation which they acknowledged to me
to be their free and voluntary act and deed, consisting of two (2) pages,
including this page in which this Acknowledgement is written, duly signed by
them and their instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this _______________ at Quezon City,

Metro Manila, Philippines.

NOTARY PUBLIC

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 2019.

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