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Deed-Of-usufruct by A President
Deed-Of-usufruct by A President
DEED OF USUFRUCT
KNOW ALL MEN BY THESE PRESENTS:
-AND-
PGCAG INC, a _____________________ duly organized and existing under
the laws of the Phils., with office at ____________________________, represented
herein by its President, ________________________, who is duly authorized to act
in this instance and for this purpose, hereinafter referred to as the
USUFRUCTUARY.
-WITNESSETH-
WHEREAS, the OWNER, by these presents offers for the use of the
USUFRUCTUARY a parcel of land containing an aggregate area
of____________________________( ) square meters portion of Lot____ within the
site of______________________situated at _____________________.
2. OWNERSHIP-
The ownership of the lot remains with and continues to be in the name of
the OWNER.
IN WITNESS WHEREOF, the parties have hereunto set their hands this
____day of _____________, 2015.
___________________________ _______________________________
BEFORE ME, a NOTARY PUBLIC for the City of Cebu and Municipalities
this ____ day of ________________ 2015 in Cebu City, personally appeared the
following persons with their Valid Identification Cards to wit:
This Deed, consisting of ___ (_) pages including the page on which this
Acknowledgment is written, signed by the Parties and their instrumental
witnesses, refers to a Deed of Usufruct of a parcel of land.
WITNESS MY HAND AND SEAL, on the date and in the place first above-
written.