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Republic of the Philippines)

City of Manila ) S.S.

AFFIDAVIT OF CONSOLIDATION OF OWNERSHIP IN PACTO DE RETRO SALE

I, JUAN DELA CRUZ, a Filipino citizen, of legal age, single/married, residing at #501
Recto Ave., Manila, after being sworn to in accordance with the law, depose and say that:
1. On January 1, 2014, Alvin Cruz of legal age, Filipino, married to Joanna Cruz residing at
#201 Felina St. Sampaloc, Manila, sold to me a certain parcel of land under pacto de
retro, executed before Notarial Public of Manila and bearing No. Reg. No. 33, Page 24,
Book V, Series of 2014 of his Notarial Register;
2. A true copy of the said pacto de retro sale is hereto attached as ANNEX “A”;
3. Pursuant to said deed of sale with pacto de retro, the said vendor Alvin Cruz, should
have exercised his right to repurchase the said property within the period of one year;
4. The said period expired on January 1, 2015.
5. The said vendor, Alvin Cruz, by himself or by any other person in his behalf, has not
complied with the condition and stipulation required for the repurchase of the said
property;
6. The said period of repurchase has not been extended, either expressly or impliedly, by
affiant vendee a retro;
7. By virtue of the said deed of sale with pacto de retro, and by the failure of the vendor, to
duly repurchase the property therein mentioned within the period stipulated, there was
consolidated in the affiant, as vendee a retro the absolute ownership of the said
property;
8. That attached hereto, as ANNEX “B” is an order of the Regional Trial Court of Manila
issued on March 5, 2015, approving and confirming the above consolidation of
ownership in the name of the affiant.

IN WITNESS WHEREOF, I have hereunto set my hand this 5 th day of March, 2015, in the
City of Manila, Philippines.

(Sgd.) Juan Dela Cruz


Affiant

JURAT

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