CONDITIONAL DEED OF SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is entered into and executed by and between:

, of legal age, single, Filipino, with residence at , Philippines, with the authority to
sell parcel of land without improvements herein represented by their { } by
virtue of Notarized Special Power of Attorney are hereinafter referred to as the
VENDOR/ TRANSFEROR;

-AND-

{ }, of legal age, Filipina, married to { }, of legal age, Filipino and presently residing

at { }, Philippines hereinafter referred to as VENDEES/ TRANSFEREES.

WITNESSETH:

The VENDORS/ TRANFERORS are the owner of a lot and parcel of land and its
improvements as evidenced by Transfer Certificate Title no: { } (Annex “A”)
particularly described as follows:
Owner: { }, of legal age, married to { }

Address: { }, Philippines

DESCRIPTION OF THE LAND

Lot { }

{}

{}

WHEREAS, the VENDORS desire to sell the aforementioned property and the
VENDEES agree and promises to buy the aforementioned property including the
improvements therein.

WHERAS, the VENDEES are interested to purchase the above described property
subject to the following terms and conditions.

1. A selling price agreed by both parties is Php { }.

2. A down payment of Php { } will be paid by the VENDEES to the

VENDOR upon execution of this agreement and the remaining
amount will be paid thru post-dated checks and as follows:

1. Php { } on { };
 2. Php { } on { };
3. Php { } on { }; and
4. Php { } on { }.

3. The initial down payment will be paid by the VENDEES to Vendor’s

Authorized representative in the form of bank check.

4. The VENDEES will issue four (4) postdated checks in favor of

VENDEE’s and/or to his Atty.-in- Fact upon presentation of latest
notarized Special Power of Attorney.

5. The VENDORS will shoulder all the payments for Capital Gain Tax,
Documentary Stamp Tax, Transfer Tax, Title Processing and other
related documents pertaining to Transfer of Ownership.

6. The VENDORS shall under take to execute the necessary DEED OF

ABSOLUTE SALE in favor of herein VENDEES upon full payment of
the above stated purchase price.

That the VENDOR complied with the provisions of ART.1623 of the New Civil
Code as well as the Land Reform Code of the Philippines.

IN WITNESS HEREOF, the parties have hereunto set their hands this ___day of
_____________ in the City of Taguig.
{}

For: { } and { } (by virtue of notarized S.P.A)

Vendor

{ } No. { }

Issued by: { }

{}

Vendee

{ } No. { }

Issued by: { }

Signed in the presence of:

___________________________ __________________________

ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)

CITY OF TAGUIG ) Sc

x---------------------------------------------x

BEFORE ME, appeared the above stated parties showing their Identification
documents as stated below their names and known to me as the parties who
executed this Absolute Deed of Sale and they acknowledged to me as their free and
voluntary act and deed.

This document, consist of three (3) pages including this page where this
acknowledgement is written, with every page thereof duly signed by the parties
including their instrumental witnesses, at the bottom or left margin thereof and seal
with notarial seal, refers to a Conditional Deed of Sale of Real Property.