Professional Documents
Culture Documents
This Contract, made and entered at Dipolog City, Philippines, by and between –
-AND-
-WITNESSETH-
That, the Seller is the claimant, possessor and occupant of a parcel of land containing an area of
One Thousand Nine-Hundred Six (1,906) Square Meters, situated in Sicayab-Bucana, Dapitan City;
That, the Buyer intends to acquire a portion of this land equivalent to SEVEN HUNDRED (500)
SQUARE METERS, more or less;
That, the Seller and the Buyer agree on the consideration of the property in the sum of Two
Hundred Forty-five Thousand (=P= 245,000.00) Pesos;
That, the Buyer herein tenders the amount of Fifty Thousand (=P= 50,000.00) Pesos as partial
payment of the property;
That, the balance of the consideration in the amount of One Hundred Ninety-Five Thousand (=P=
195,000.00) Pesos shall be paid upon the approval of the lot plan of the land to which the property subject
of this sale is a part of;
That, the Seller is simultaneously waiving or renouncing this portion of property subject of this
agreement in favor of the Buyer.
IN WITNESS WHEREOF, WE hereunto affixed our signatures this ___ day of September 2016
at the City of Dipolog, Philippines.
ACKNOWLEDGMENT
Republic of the Philippines ]
C I T Y O F D I P O L O G ]S.S.
x------------------------------------/