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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is executed on August 18, 2020 at Magalang,


Pampanga by and between:

Camille Manguerra, Filipino, of legal age, married with residence


at Sta. Cruz, Angeles City. (hereinafter referred to as “VENDOR”);

- and -

Bernadette Balilu, Filipino, of legal age, single with residence at


Cuayan, Angles City (hereinafter referred to as “VENDEE”);

WITNESS THAT:

WHEREAS, the VENDOR is the registered owner of a parcel of land


covered by TCT No. 123456-7, located at Sta. Maria, Magalang, consisting of
more or less 650 square meters, over which a two-story house made of strong
materials is erected (hereafter referred to as “the Property”),

WHEREAS, the VENDOR has offered to sell the Property to the VENDEE
and the latter has agreed to buy said Property, on an ‘as is where is’ basis,
under the terms and conditions set forth herein;

NOW THEREFORE, for and in consideration of the sum of Eight


Hundred Fifty Thousand Pesos (PhP850,000.00) (hereafter referred to as “the
Purchase Price”), and under the terms herein set forth, VENDOR hereby
SELLS, TRANSFERS and CONVEYS her title, rights and interests in the
Property unto the VENDEE, free from all liens and encumbrances of any kind
whatsoever.

The Parties agree that the VENDEE shall pay the Purchase Price in the
manner specified below:

Down payment of Php. 250,000 to be paid upon signing of this


instrument

The balance of Php 600,000 to be paid on December 10, 2020.

The VENDOR shall pay the Capital Gains Tax on the sale of the above
property while the VENDEE shall pay the Documentary Stamp Tax and such
other taxes or fees involved in this transaction and other costs to effect the
transfer of title.

IN WITNESS WHEREOF, the PARTIES have set their hands on the date
and place first above-written.
  

1
Camille Manguerra: Bernadette Balilu:

Conforme:

Ervin Manguerra

SIGNED IN THE PRESENCE OF:

_____________________ _______________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


) .SS

In Magalang, Pampanga on August 18, 2020 personally appeared before


me the following persons, showing unto me an integrally complete
instrument/document, consisting of two (2) 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:

Name ID Type /No. Date & Place Issued


Camille Manguerra Driver’s license No Quezon City
1-12-12345
Bernadette Balilu Driver’s license No Tarlac City
2- 23- 23456

and who represented to me that the above signature was voluntarily affixed by
them for the purposes stated in the instrument/document, and who further
acknowledged before me that they have executed the instrument/document as
their free and voluntary act and deed with authority to sign as representative.

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

Atty. Ashlene Eve S. Pineda

Doc. No. 29;


Page No.45;
Book No.3;
Series of 2020.

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