DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE, made and entered into in Quezon

City, Metro Manila, Philippines, this _______ day of ___________________, by
and between:

VENDOR :
GA V. GI, of legal age, Filipino, married to VICTORIA
M. GI, with residence and postal address at Unit 702
Pi Condominium, Pi Drive corner Lu Street, Pasig
City, Metro Manila, Philippines;

- and -

VENDEE:
AD B. SI, likewise of legal age, Filipino, married to
____________, with residence and postal address at
No. __________________, Quezon City, Metro
Manila, Philippines.

WITNESSETH :

That the VENDOR is the registered owner of a parcel of land located in

Barangay Pasong Putik, Quezon City, Manila, and embraced in and covered by
Transfer Certificate of Title No. N-__________, more particularly described as
follows:

TCT No. N – ___________

A parcel of land (Lot ________ of the subdivision plan (LRA) Psd-____________,

approve as non subdivision. Project, being a portion of Lot 3-B, Psd-007494-
032007-D, LRC Rec. No. 6563), situated in the Bo. of Pasong Putik, Quezon
City, M-Mla., Island of Luzon. Bounded on the NE., pts. 5 to 1 by Lot 3-B-2 of the
subdivision. plan; on the SE., points 1 to 2 by Quirino Highway(20.00 m. wide) on
the SW., points 2 to 3 by Lot 2, cs-04-000963, on the W., points 3 to 4 by Lot 32,
Blk. 11, Pcs-04-000176 and on the NW., points 4 to 5 by Road Lot 1051-New-B-
1-B-5-D(LRC)Psd-304356. Beginning at a point marked “1” on poan, being N.40
deg. 52’E., 146.10 m. from LM No. 13, Tala Estate; thence S.62 deg. 10’W.,
30.40 m. to point 2; thence N.27. Deg. 49’W., 25.90 m. to point 3; thence N.O
deg. 03’E., 29.30 m. to pt. 4; thence N.58 deg. 36’E., 15.87 m. to point 5; thence
s. 28 deg. 46’E., 52.80 m. to the point of the beginning; containing an area of
ONE THOUSAND THREE HUNDRED EIGHTY THREE (1,383) SQ. METERS,
more or less. All pts. referred to are indicated on the plan and are marked on the
ground bs. ff: points 2 & 4 by Old PS and the rest by PS cy. Con. Mons. 15x60
cm., bearings true; date of original survey, Sept. 1907-March 1908 and that of the
subdn. Survey, executed by Nelson M. Davil Geod. Engr., on Nov. 7, 2007.

NOW, THEREFORE, for and in consideration of the premises and the

sum of ________ Million Five Hundred Thousand Pesos Only (-P-
__,500,000.00), Philippine Currency, receipt whereof in full is hereby
acknowledged by the VENDOR from the VENDEES, the VENDOR does hereby
SELL, CEDE, TRANSFER and ASSIGN, absolutely and forever, in favor of the
VENDEES, their heirs, executors, administrators and assigns the above-
described condominium unit and all the improvements found thereon, free from
any and all liens and encumbrances whatsoever and whomsoever.
 The payment of Capital Gains Tax (CGT) shall be for the account of the
VENDOR. The CGT shall be deducted from the abovementioned consideration
to be held by the real estate agent for payment to the Bureau of Internal
Revenue. On the other hand, the Documentary Stamp Tax, Transfer Tax,
Registration Fees and other expenses for the transfer of the property to the name
of the VENDEES shall be for the account of the VENDEES.

IN WITNESS WHEREOF, we have hereunto set our hands this ______

day of ______________ at Quezon City, Metro Manila, Philippines.

GA V. GI AD B. SI
(Vendor) (Vendee)
T.I.N. ____________ T.I.N.

With my marital consent:

________ M. GI
(Vendor’s Wife)

SIGNED IN THE PRESENCE OF:

_______________________ _______________________

REPUBLIC OF THE PHILIPPINES)

QUEZON CITY ) S.S.
METRO MANILA )

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in Quezon City, Metro Manila,
Philippines, on this _____ day of __________________, personally appeared
the following persons :

NAME I.D. NO. ISSUED ON/AT

GA V. GI

AD B. SI

known to me to be the same persons who executed the foregoing instrument

and acknowledged to me that the same is their free act and deed.

This instrument refers to a DEED OF ABSOLUTE SALE, pertaining to

Transfer Certificate of Title No. ____________, consisting of three (3) pages
including this page on which the acknowledgment is written duly signed by the
parties and their instrumental witnesses on each and every page thereof.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my

notarial seal at the place and on the date above written.
Doc. No. ______;
Page No. _____; Notary Public
Book No. _____;
Series of ______.