Professional Documents
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This Deed of Absolute Sale, made and entered into this __ day of February 2019,
at ________________, by and between:
– and –
WITNESSETH that:
WHEREAS, the SELLER is the absolute and lawful owner of four (4) parcels of
land with building located at _____________________________ City, and registered
under their name as evidenced by Transfer Certificate of Title No.
______________________, which is more particularly bounded and described as follows:
“A parcel of land
____________________________________________________
____________________________________________________
___________________________________________________.”
WHEREAS, the SELLER has offered to sell to the BUYER and the latter agreed
and bound themselves to buy from the former said parcel of land mentioned and
described herein, together with all the improvements therein, for the sum of
_____________________________________ Pesos (P_________.00) (the “Purchase Price”),
free from and clear of whatsoever liens, charges, encumbrances and restrictions.
The SELLER hereby agrees and understands that it shall be solely liable for the
payment of the capital gains tax/withholding tax.
The BUYER hereby agrees and understands that it shall be solely liable for the
payment of the documentary stamp tax, transfer tax and registration fees due on this
document.
Should any provision of this Contract be declared by the courts to be null and
void, the nullity shall not affect the validity of this transaction or any other provisions
herein which shall be considered as valid and binding between the parties.
______________________ _________________
SELLER BUYER
TIN: TIN:
____________________________ ________________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public, for and in Makati City, Philippines, personally
appeared with their competent proof of identity as indicated below:
All known to me to be the same persons who executed the foregoing Deed of Sale
which consists of two (2) pages signed by the parties thereto and their witnesses on
every page thereof and they acknowledged to me that the same is their free and
voluntary act and deed.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal this ___
______________2019, at the above stated place.