AGREEMENT

This Agreement entered into by and between:

____________________, a corporation duly organized and existing under

the laws of the Republic of the Philippines with address at __________,
hereinafter referred to as "SELLER"

and

(Name of Prospective Buyer), of legal age, with address at ____________,

hereinafter referred to as "BUYER"

ACKNOWLEDGE THAT:

WHEREAS, SELLER is the registered owner of ________ with TCT No.

______, hereinafter referred to as the "PROPERTY;"

WHEREAS, BUYER is interested in acquiring the PROPERTY;

WHEREAS, as a guarantee that the BUYER will not back out, earnest money in
the amount of _____________ is required to be deposited with SELLER;

WHEREAS, BUYER has agreed to deposit the amount of _____________ as

earnest money for the purchase of the PROPERTY;

NOW THEREFORE, for and in consideration of the above premises, the parties
hereby agree as follows:

1. The earnest money deposited shall be treated as a reservation fee and shall
form part of the purchase price. As such, the amount of ___________
deposited with SELLER shall be deducted from the full purchase price. The
balance of the purchase price shall be made known to the BUYER.

2. The reservation fee shall serve as a guarantee that BUYER shall not back out
from purchasing the PROPERTY. If for any reason BUYER decides to back
out, BUYER agrees that the reservation fee shall be forfeited in favor of
SELLER as liquidated damages.

3. BUYER shall have One (1) Year or until ________ to consummate the sale.
If within said period no sale materializes due to no fault or negligence of
 SELLER, he shall be considered to have backed out of this agreement, in
which case, the earnest money shall be considered forfeited.

IN WITNESS WHEREOF, the parties have caused this Agreement to be signed

on _________ at ____________

SELLER Prospective Buyer

By: ___________________

_____________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

BEFORE ME, a Notary Public for and in the city of ________, on this ______
day of ______________ 2018, personally appeared the following:

Name Gov't issued ID No./Passport No. Date/Place

Issued

__________________
__________________

known to me and to me known to be the same persons who executed the foregoing
Agreement and acknowledged to me that the same is their free and voluntary act and
deed, as well as the fee and voluntary act and deed of the Corporation which they
respectively represent.

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

Doc No. ____; NOTARY PUBLIC

Page No. ____;
Book No. ____;
Series of 2018.