CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL is made, executed and entered into by:

__(Name Of Seller)___, of legal age, single/married to

__(Name Of Spouse)__, Filipino, and with residence and postal
address at __(Address Of Seller)__, hereinafter referred to as
the SELLER

-AND-

__(Name Of Buyer)___, of legal age, single/married to

__(Name Of Spouse)__, Filipino and with residence and postal
address at __(Address of Buyer)__, hereinafter referred to as
the BUYER.

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a condominium

with improvements located at __(address/location of property to be
sold)__ and covered by Transfer Certificate of Title No. _(TCT
Number)_ containing a total area of __( Area of Property in Words)__
(____) SQUARE METERS, more or less, and more particularly
described as follows:

TRANSFER CERTIFICATE OF TITLE NO. ________

___________________________________________________
___________________________________________________
(Insert the technical description of the property on the title)
___________________________________________________
___________________________________________________

WHEREAS, the BUYER has offered to buy and the SELLER has
agreed to sell the above-mentioned property under the terms and
conditions herein below set forth;

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

Million Two Hundred Thousand Pesos (Php 2,200,000.00) Philippine
Currency, and of the covenants herein after set forth, the SELLER
agrees to sell and the BUYER agrees to buy the aforesaid property
subject to the following terms and conditions:

1. The total consideration shall be _Two Million Two Hundred

Thousand Pesos (Php 2,200,000.00) Philippine Currency, payable as
follows:
 a.) The amount of __(Amount In Words)__ (Php _____.00),
representing earnest money shall be payable by the BUYER to
the SELLER upon signing of this Contract to Sell;

b.) The remaining balance in the amount of __(Amount In

Words)__ (Php _____.00), shall be paid in cash on or before
__________________, 20__.

2. Capital Gains Tax and Real Estate Tax, shall be for the account of
the BUYER.

3. Documentary Stamps Tax, registration expenses, and all other

miscellaneous fees and expenses shall be for the account of the
BUYER.

4. Possession to the subject property shall be delivered by the

SELLER to the BUYER upon full payment of the total consideration;

5. Upon full payment of the total price, the SELLER shall sign and
execute a DEED OF ABSOLUTE SALE in favor of the BUYER. The
SELLER 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 to the BUYER.

__(Name Of Seller)__ __(Name Of Buyer)__

Seller Buyer

WITH MARITAL CONSENT:

_______________________
Name of Seller’s Spouse

SIGNED IN THE PRESENCE OF:

_______________________ _________________________
 ACKNOWLEDGEMENT

BEFORE ME, this _____day of ____________20__, at ____________, Philippines,

personally appeared:

NAME ID NO. DATE PLACE ISSUED

_______________ _________________ ______________

_______________ _________________ _______________

KNOWN TO ME AND TO ME KNOWN to be the same persons who executed

the foregoing instrument, and they acknowledged to me that the same is their voluntary
act and deed.
This instrument consists of two (2) pages, including the page whereon this
acknowledgment is written, and has been signed by the parties and their instrumental
witnesses.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my

Notarial Seal the day, year and place above written.

NOTARY PUBLIC

Doc. No.______
Page No.______
Book No.______
Series of 2020