Sample Deed of Absolute Sale

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DEED OF ABSOLUTE SALE This DEED OF ABSOLUTE SALE, made and executed by and between: _________________________and _________________, both of legal age, Filipino citizens, and residents of ________________________________________, hereinafter referred to as the VENDORS; - and - __________________, _______________ and ____________, all of legal age, Filipino citizens, and residents of ________________________________________, hereinafter referred to as the VENDEES; W I T N E S S E T H : WHEREAS, the VENDORS are the registered and absolute owners of a parcel of land including all the improvements thereon, situated at ____________________________________________________, and more particularly described in the Transfer Certificate of Title No. ___________ of the Register of Deeds of the City of Makati, as follows: (technical description) That for and in consideration of the sum of TWO MILLION FIVE HUNDRED THOUSAND PESOS (Php2,500,000.00), Philippine Currency, receipt of which in full is hereby acknowledge by the VENDORS from the VENDEES, the VENDORS hereby SELL, TRANSFER and CONVEY absolutely and

Transcript of Sample Deed of Absolute Sale

Page 1: Sample Deed of Absolute Sale

DEED OF ABSOLUTE SALE

This DEED OF ABSOLUTE SALE, made and executed by and between:

_________________________and _________________, both of legal age, Filipino citizens, and residents of ________________________________________, hereinafter referred to as the VENDORS;

- and -

__________________, _______________ and ____________, all of legal age, Filipino citizens, and residents of ________________________________________, hereinafter referred to as the VENDEES;

W I T N E S S E T H :

WHEREAS, the VENDORS are the registered and absolute owners of a parcel of land including all the improvements thereon, situated at ____________________________________________________, and more particularly described in the Transfer Certificate of Title No. ___________ of the Register of Deeds of the City of Makati, as follows:

(technical description)

That for and in consideration of the sum of TWO MILLION FIVE HUNDRED THOUSAND PESOS (Php2,500,000.00), Philippine Currency, receipt of which in full is hereby acknowledge by the VENDORS from the VENDEES, the VENDORS hereby SELL, TRANSFER and CONVEY absolutely and unconditionally, unto the said VENDEES, their heirs, successors and assigns, the above-described parcel of land, together with the improvements thereon, free from any and all lien or encumbrances of whatsoever nature; that the VENDORS shall defend the rights of the herein VENDEES again any claim of third persons; that the payment for the Capital Gains Tax, Documentary Stamp Tax, Registration and Transfer of Title, Transfer of Tax Declaration and other related expenses in connection with the transfer of title in the name of the VENDEES shall be for their own account.

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IN WITNESS WHEREOF, the VENDORS and the VENDEES have hereunto set their hands this _________day of ________________, 2006 in the City of Manila.

________________ _________________ Vendor Vendor

_______________ __________________ Vendee Vendee

_________________ Vendee

SIGNED IN THE PRESENCE OF:

_______________________ _______________________

Republic of the Philippines)S.S.

City of Manila )

ACKNOWLEDGMENT

Before me, a Notary Public for Manila, Philippines, personally came and appeared the following:

NAMES CTC# ISSUED AT/ON

known to me to be the same persons who executed the foregoing instrument which relates to the sale of one (1) parcel of land including all the improvements thereon, consisting of three (3) pages including the page on which this acknowledgment is

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

WITNESS MY HAND AND SEAL, this ______day of ____________ 2006 at Manila, Philippines.

Doc. No. ________;Page No. ________;Book No. ________;Series of 2006.