REPUBLIC OF THE PHILIPPINES}

CITY OF _____________________ } S.S.

CONTRACT TO SELL

KNOWN ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL is made and executed this ___ day of ______, 2022 by and between:

_________________________, of Legal Age, Filipino, and with residence at

________________________________________________________, herein
after referred to as the “SELLER/VENDOR”;

- and -

_______________________________, of Legal Age, Filipino, and with residence

at ________________________________________________________, herein af-
ter referred to as the “BUYER/VENDEE”;

(Collectively, “the Parties”)

WITNESSETH:

WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of land consisting of
_____________________________ (_________) square meters, more or less, located at
________________________________ and covered by Transfer Certificate of Title No. _______ (TCT
Number ______) issued by the Register of Deeds of ________________, herein referred to as “Property”
with technical description:

WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER/VENDOR has agreed to sell the
abovementioned property under the terms and condition herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of ___________________ (PHP
__________) Philippine Currency, and of the covenants hereinafter set forth the SELLER/VENDOR
agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid property subject to the following
terms and conditions:

Primary stipulations:

1. The total consideration shall be _____________ (PHP __________) Philippine Currency, payable as
follows:

a. The amount of ________________ (PHP __________) PESOS, representing as down-

payment shall be payed to the SELLER/VENDOR by the BUYER/VENDEE upon sign-
ing of this CONTRACT TO SELL;

b. The remaining balance in the amount of _____________________ (PHP ________)

PESOS, shall be paid in _______ on or before ___________, 2022;

c. In case the check representing the payment for the balance in paragraph 1.b. is dishon-
ored by the drawee bank, the downpayment in the amount of __________________ (PHP
__________) PESOS, shall be forfeited in favor of the SELLER/VENDOR.

2. Capital Gains Tax, Real Estate Tax, and any tax arrears in relation to the Property shall be shouldered
by the BUYER/VENDEE;

3. Documentary Stamp Tax, Registration Fee, Registration Expenses, and all other necessary and mis-
cellaneous fees and expenses shall be shouldered by the BUYER/VENDEE;

4. Possession to the Owner’s Original Title of the subject property shall be delivered by the SELLER/
VENDOR to BUYER/VENDEE upon full payment of the total consideration;

5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a DEED OF AB -
SOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall likewise execute
and/or deliver any and all documents, including but not limited to the Owner’s Original Title, original
 copy of the Transfer Certificate of Title, Tax Declaration, and all other documents necessary for the
transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.

General stipulations

6. Successors and assigns. This Agreement will be binding upon and inure to the benefit of the Parties,
their successors and permitted assigns.

7. Waiver. The failure of either Party at any time to enforce any provision of this Agreement shall in no
way affect its right thereafter to require complete performance by the other Party, nor shall the waiver
of any breach of any provision to be taken or held to be a waiver of any subsequent breach of any
such provision or be a waiver of the provision itself. Any waiver, to be effective, must be in writing.

8. Amendments. Except as otherwise provided below or elsewhere in this Agreement, this Agreement
shall not be modified, altered or amended in any manner whatsoever, except by an Agreement in writ-
ing, signed by BUYER/VENDOR and SELLER/VENDEE.

9. Severability. If any provision of this Agreement becomes invalid, illegal or unenforceable, the Par-
ties will endeavor, acting in good faith, to agree on the terms of a provision that may substitute for the
invalid, illegal or unenforceable provision. The invalidity, illegality and unenforceability of any pro-
vision will not affect the remaining provisions of this Agreement.

10. Governing Law and Court Jurisdiction. This Agreement is legally binding, governed by and con-
strued in accordance with the laws of the Philippines. Any action arising from, or in connection with
this Agreement shall be filed before the appropriate court of __________ only, to the exclusion of all
other courts in the Philippines.

11. Entire Agreement. This Agreement, including its attachments, constitutes the entire understanding
between the Parties hereto with respect to the subject matter hereof and supersedes any and all prior
negotiations, discussions and agreements.

IN WITNESS WHEREOF, the PARTIES hereto set their hand this ____ day of _______,
20__ in __________________________, Philippines.

____________________________ _______________________________

SELLER/VENDOR BUYER/VENDEE

WITNESSES:

____________________________ _______________________________
REPUBLIC OF THE PHILIPPINES} S.S.
CITY OF _____________________}

ACKNOWLEDGMENT

BEFORE ME, a Notary Public in and for ____________________________, this ______ day of
_________, 20_______, personally appeared:

a. _____________________________, with the following competent proof of identification

_____________________ which was issued on ___________ by the __________________;

b. _____________________________, with the following competent proof of identification

_____________________ which was issued on ___________ by the __________________;

All known to me and to me known to be the same persons who executed the foregoing CONTRACT TO
SELL and they acknowledged to me that the same is their free and voluntary act and deed.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the date and
at the place written above.

Doc No. ______;

Page No. ______;
Book No. _____;
Series of 20___.