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______________,a corporation duly organized and existing under the laws of the
Philippines, with business address at ______________, here represented by its President,
______________, and hereafter referred to as the BUYER,
WITNESSETH That:
The SELLER is the registered owner of one (1) condominium unit, particularly identified
as Unit ______________, with an area of Three Hundred (300) Square Meters, particularly
described under Condominium Certificate of Title No. _____________________, issued by the
Registry of Deeds of Taguig City.
The BUYER has offered to purchase from the SELLER the afore-described property.
1.1. The amount of Thirty Million Pesos (Php 30,000,000.00), Philippine currency,
representing DOWNPAYMENT shall be paid on or before 28 February 2021.
1.2. The balance of the total purchase price in the amount of One Hundred Fifty
Million Pesos (Php 150,000,000.00), Philippine Currency, shall be paid on or
before 28 August 2021.
1.3. At full payment of the consideration, the SELLER shall turnover to the BUYER
all documents, such as the certified copy title of title, Tax Declaration, Real Estate
Tax Receipts, Tax Clearance, and other documents required by the BIR and
Register of Deeds.
2.1. The Capital Gains Tax, Documentary Stamps Tax, transfer tax, registration fees,
and documentation fee of this contract and other related taxes and expenses due
and payable in connection with the transfer of the title to the property herein sold;
2.2 Any taxes, assessment or fees on the sale and/or transfer of the title to the buyer
which is now or hereafter be imposed by the government;
Page 2 of 2
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on February
_____, 20___ in _____________________________.
_____________________________
Seller Buyer
By:
____________________________________
_________________________ ________________________
identified through competent evidence of identity as the persons who executed, as their free and
voluntary act and deed, the foregoing document consisting of 2 pages, including the page on
which this acknowledgement is written.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on
the date and at the place first above-written.
Notary Public
Doc No.
Page No.
Book No.
Series of 20___.