RELEASE, WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS

This Release, Waiver and Quitclaim executed by ______________ married to ________________,

both of legal ages and a resident of __________________________ in favor of __________________________., a
corporation existing and by virtue of Philippines Laws, with business address at
______________________________________, and I hereby declare that:

1. I am a buyer of ______________________________ located at __________________________

2. I am fully aware of the on-going site development construction and that I am made to understand as I
also observe that the on-going construction activity will pose risk, danger, noise, pollution and
inconvenience on my/our part. Thus, I waive, release and quit all my claims/damages that I may have for
or against __________________________________________ and all its employees, management,
owners or its duly authorized representative which may arise now or in the future.
3. I hereby release __________________________________________, Its representatives, successor and
assigns, employees, officers and directors of any liability from any defects and damage that will arise
from any improvement and renovation of the unit that I implemented.
4. I fully understand that the power supply of the subdivision is still temporary and unstable hence I hereby
release __________________________________________, its representatives, successors and assigns,
employees, officers and directors of any liability to my unit and appliances of any damage cause by the
unstable and fluctuating power supply.
5. That I am holding myself solely liable for any loss, damage, or deficiency occasioned by theft, robbery,
fire or any other incident that may affect my unit.
6. I take full responsibility for securing the unit/lot, the house that I am about to move-in and/or any
materials or items I may bring inside.
7. If, for whatever reason, the unit/lot is foreclosed, forfeited or cancelled, the house and/ or any
improvements, repairs or renovations we have made shall not chargeable to
__________________________________________ and form part of the property of
__________________________________________.
8. I also commit to vacate the lot and the constructed house and improvements, repairs or renovations in
case of foreclosure, forfeiture or cancellation.

In addition, we promise to abide by all the subdivision rules and regulations as per advise of the subdivision
Administrator.

_____________________ ________________________
BUYER Date

_____________________ ________________________
With my marital consent Date

Republic of the Philippines

SUBSCRIBED AND SWORN to before me this ______ day of ___________, affiant(s) exhibits
to me his/her/their Community Tax Certificates:
DATE & PLACE OF
NAME ID TYPE & ID NUMBER ISSUANCE

__________________________
NOTARY PUBLIC

Doc. No. __________

Page No.__________
Book No.__________
Series of __________