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PACTO DE RETRO SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED, made and executed by and between …………………… married to ……………….,
of legal age, Filipino Citizen, and resident of …………………., hereinafter called the VENDOR, and
(FULL NAME OF VENDEE), married to …………., of legal age Filipino Citizen, and resident of
……………, hereinafter called the VENDEE.

WITNESSETH:

That the VENDOR, is the sole and absolute owner of certain land with all the buildings and
improvements thereon, located at ………………………., and more particularly described in
Transfer/Original Certificate of Title No……………, issued by the Registrar of Deeds of
…………………., to wit:

(Describe The Property)

That the VENDOR, for and in consideration of the sum of ………………….., Pesos (P……)
Philippine Currency, to him/her in hand paid and the receipt whereof is hereby acknowledge to his/her
entire satisfaction, does by these presents sell, transfer, and convey under pacto de retro unto the
VENDEE, his/her heirs and assigns, the real property above described together with all the buildings and
improvements thereon, free from all liens and encumbrances except as may be expressly set forth herein.
That the VENDOR reserves unto himself/herself the right redeem, and the VENDEE in turn
obligates himself/herself to resell and reconvey, the property herein sold, within a period
of……………… years/months from and after the date of this instrument for the same Pesos (P……..),
Philippine currency: Provided, however, That if the VENDOR shall fail to exercise his/her right to
redeem as herein granted within the period stipulated, then this conveyance shall be deemed to be an
absolute and irrevocable sale, without the necessity of executing any further deed to vest title in the
VENDEE.

IN WITNESS WHEREOF, parties have hereunto set their hands this ____ day of ______ 2019,
in Dagupan City, Pangasinan, Philippines.

Vendor Vendee
CTC. No. CTC No.
Issued on Issued on
at at

WITH MY MARITAL CONSENT: (wife or husband of vendor)

SIGNED IN THE PRESENCE OF:


ACKNOWLEDGEMENT

Republic of the Philippines)


Province of Pangasinan….) S.S.
City of Dagupan…………..)

BEFORE ME, a Notary Public, for and the City of Dagupan this ____ day of ___________ 2019
personally appeared ________________ and ______________________ with their Community Tax
Certificate as above-noted, who represented to me to be the same persons, who executed the foregoing
instrument acknowledged to me that the same is their free act and voluntary deed.

Witness my hand and seal on the date and place above-written.

Doc. No.
Page No.
Book No.
Series of 2019.

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