CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This Contract to Sell is made and executed and entered into by:

Name of Seller, of legal age, Filipino, single/married to Name of the Spouse of Seller, with residence
address at Postal Address of the Seller in the Phiilppines, hereinafter referred to as the SELLER;

-AND-

Name of Buyer, of legal age, Filipino, single/married to, Name of Spouse of Buyer and with
residence and postal address at Address of the Buyer in the Phiippines, hereinafter referred to as
the BUYER;

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located
at Address of the property for sale in the Philippines and covered by Transfer Certificate of Title No.
000000 containing a total area of LAND AREA IN SQUARE METERS (000sqm) SQUARE METERS, more
or less, issued by the Registry of Deeds of City/Municipality;

WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned
property under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of THE CONTRACT PRICE FOR THE
PROPERTY FOR SALE (P0,000,000.00) Philippine Currency, and of the covenants herein after set forth
the SELLER agrees to sell and the BUYER agree to buy the aforesaid property subject to the following
terms and conditions:

1. The total consideration shall be THE CONTRACT PRICE FOR THE PROPERTY FOR
SALE (P0,000,000.00) Philippine Currency, payable through CASH/MANAGERS’ CHECK/WIRE
TRANSFER as follows:

1.1. The amount of THE EARNEST MONEY DEPOSIT (P000,000.00) representing earnest money
deposit shall be payable upon execution of this Contract to Sell and shall be considered part of the
total Contract price.

1.2. The remaining balance amounting to THE REMAINING BALANCE (P0,000,000.00) PESOS
Philippine Currency, shall be payable within TIME FRAME upon execution of this Contract to Sell.

1.3 In case the BUYERS could not fulfil any of their obligation stated in this Contract To Sell, the
earnest money shall be forfeited in favor of the SELLER.
2. Al pending utility bills, if any, Real Estate Tax up to the time of sale, Capital Gains Tax,
Documentary Stamp Tax, shall be for the account of the SELLER.

3. Notarization fees, Registration Fee, Transfer Fees and all miscellaneous fees and expenses to
transfer the certificate of title in the name of the new owner shall be for the account of the SELLER;

4. Possession to the subject property shall be delivered by the SELLER to the BUYER upon full
payment of the total consideration;

5. ADDITIONAL TERMS AND CONDITIONS SUCH AS Delivery of the property shall be given by
the SELLER to the BUYER devoid of any religious artefacts, personal belongings and effects, tenants
and any toxic/radioactive substances. Etc.

6. TERMS AND CONDITIONS MAY VARY ON A CASE-TO-CASE BASIS. CONTRACTING PARTIE MAY ADD,
SUBTRACT, EDIT, ANY OR ALL PARTS OF THIS CONTRACT TO SELL AS THEY SEE FIT

7. Upon full payment of the total price, the SELLER shall sign and execute a DEED OF ABSOLUTE
SALE in favour of the BUYER. The SELLER shall likewise execute and/or deliver any and all documents,
including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all
other documents necessary for the transfer of ownership from SELLER to the BUYER.

7. In case the SELLER could not fulfil any of the obligations stated in this Contract to Sell, the BUYER
shall be entitled to a full refund plus 10% interest per month.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this

_____ day of _______________________ 20________ at

___________________________________, Philippines.

___________________________________
___________________________________

Printed Name and Signature of SELLER Printed Name and Signature of

BUYER

SIGNED IN THE PRESENCE OF:

___________________________________
______________________________________

Printed Name and Signature of 1st Witness Printed Name and Signature
of 2nd Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.
BEFORE ME, a Notary Public for and in
________________________________________________________ personally appeared:

Name ID Number Date/Place Issued

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same are their free act and voluntary deed.

This instrument, consisting of 2 pages, including the page on which this acknowledgment is written,
has been signed on the left margin of each and every page thereof by the concerned parties and
their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on this ______day of

_______________________________20__________ at_____________________________.

Notary Public
Doc. No. ……..;
Page No. …….;
Book No. …….;
Series of 20____.

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————————————————————-

When both parties have fulfilled their Contractual Obligations, that’s when it is said that the Contract
is “Perfected”. In the Contract to Sell, the perfection of the Contract shall climax in the execution of
Deed of Absolute Sale.

In this Document, the SELLER shall transfer the Title to the new owner, the BUYER.

I’d like to emphasize that the Certificate of Title is NOT THE TITLE in itself. The Certificate of title is
merely a certification or evidence of the TITLE. According to law, a TITLE are the legal right and
privileges.

As an analogy, if a medical doctor’s diploma was lost or destroyed, it doesn’t mean that the
Physician’s TITLE is also lost or destroyed. The diploma is just a certification of the doctor’s TITLE and
NOT the title itself. The TITLE of the doctor are his legal rights and privileges that come with his
profession.

In the case of sale of Real Property the TITLE that is being transferred upon execution of Deed of
Absolute Sale are the legal rights and privileges to own the property. Again, we are not referring to
the Certificate of title here because obviously, the Certificate of Title would still be in the name of the
SELLER and shall be transferred to the name of the BUYER afterwards by virtue of Deed of Absolute
Sale.

Please find below sample form for DEED OF ABSOLUTE SALE.

—————————————————————————————————————————————
————————————————————–

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

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

Name of Seller, of legal age, Filipino, single/married to Name of the Spouse of Seller, with residence
address at Postal Address of the Seller in the Phiilppines, hereinafter referred to as the SELLER;

-AND-

Name of Buyer, of legal age, Filipino, single/married to, Name of Spouse of Buyer and with
residence and postal address at Address of the Buyer in the Phiippines, hereinafter referred to as
the BUYER;

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located
at ADDRESS OF THE PROPERTY FOR SALE IN THE PHILIPPINES, and covered by Transfer Certificate of
Title No. 0000 containing a total area of LAND AREA IN SQUARE METERS (000) SQUARE METERS,
more or less, and more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. 0000

“Technical Description of the property found inscribed on the Certificate of Title”

WHEREAS, the BUYER has offered to buy and the SELLERS has agreed to sell the above mentioned
property for the amount of _____________________________________________________ (P
___________________) Philippine Currency;

NOW THEREFORE, for and in consideration of the above-mentioned amount, hand paid by the
vendees to the vendors, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute
Sale unto the said BUYER, his/her heirs and assigns, the certain parcel of land together with all the
improvements found thereon, free from all liens and encumbrances of whatever nature including
real estate taxes as of the date of this sale.

___________________________________
___________________________________

Printed Name and Signature of SELLER Printed Name and Signature of

BUYER

SIGNED IN THE PRESENCE OF:

___________________________________
______________________________________

Printed Name and Signature of 1st Witness Printed Name and Signature
of 2nd Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.
BEFORE ME, a Notary Public for and in
________________________________________________________ personally appeared:

Name ID Number Date/Place Issued

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same are their free act and voluntary deed.

This instrument, consisting of 2 pages, including the page on which this acknowledgment is written,
has been signed on the left margin of each and every page thereof by the concerned parties and
their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on this ______day of

_______________________________20__________ at_____________________________.

Notary Public

Doc. No. ……..;

Page No. …….;
Book No. …….;
Series of 20____.

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————————————————————–

Once the Deed of Absolute Sale is executed, parties must pay the corresponding taxes, fees and
closing cost. Or CONTACT US to avail of our services in processing the documentation, Tax payments
and Title Transfer and Registration, for a very reasonable amount.

Read more: http://www.philippinesangeles.com/contract-to-sell-basic-guide-in-buying-philppine-

property-part-4/#ixzz568Qo6REt

CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This Contract to Sell is made and executed and entered into by:

Name of Seller, of legal age, Filipino, single/married to Name of the Spouse of Seller, with residence
address at Postal Address of the Seller in the Phiilppines, hereinafter referred to as the SELLER;

-AND-

Name of Buyer, of legal age, Filipino, single/married to, Name of Spouse of Buyer and with
residence and postal address at Address of the Buyer in the Phiippines, hereinafter referred to as the
BUYER;

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at
Address of the property for sale in the Philippines and covered by Transfer Certificate of Title No.
000000 containing a total area of LAND AREA IN SQUARE METERS (000sqm) SQUARE METERS, more
or less, issued by the Registry of Deeds of City/Municipality;

WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned
property under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of THE CONTRACT PRICE FOR THE
PROPERTY FOR SALE (P0,000,000.00) Philippine Currency, and of the covenants herein after set forth
the SELLER agrees to sell and the BUYER agree to buy the aforesaid property subject to the following
terms and conditions:

The total consideration shall be THE CONTRACT PRICE FOR THE PROPERTY FOR SALE (P0,000,000.00)
Philippine Currency, payable through CASH/MANAGERS’ CHECK/WIRE TRANSFER as follows:
1.1. The amount of THE EARNEST MONEY DEPOSIT (P000,000.00) representing earnest money
deposit shall be payable upon execution of this Contract to Sell and shall be considered part of the
total Contract price.

1.2. The remaining balance amounting to THE REMAINING BALANCE (P0,000,000.00) PESOS
Philippine Currency, shall be payable within TIME FRAME upon execution of this Contract to Sell.

1.3 In case the BUYERS could not fulfil any of their obligation stated in this Contract To Sell, the
earnest money shall be forfeited in favor of the SELLER.

2. Al pending utility bills, if any, Real Estate Tax up to the time of sale, Capital Gains Tax,
Documentary Stamp Tax, shall be for the account of the SELLER.

3. Notarization fees, Registration Fee, Transfer Fees and all miscellaneous fees and expenses to
transfer the certificate of title in the name of the new owner shall be for the account of the SELLER;

4. Possession to the subject property shall be delivered by the SELLER to the BUYER upon full
payment of the total consideration;

5. ADDITIONAL TERMS AND CONDITIONS SUCH AS Delivery of the property shall be given by the
SELLER to the BUYER devoid of any religious artefacts, personal belongings and effects, tenants and
any toxic/radioactive substances. Etc.

6. TERMS AND CONDITIONS MAY VARY ON A CASE-TO-CASE BASIS. CONTRACTING PARTIE MAY ADD,
SUBTRACT, EDIT, ANY OR ALL PARTS OF THIS CONTRACT TO SELL AS THEY SEE FIT

7. Upon full payment of the total price, the SELLER shall sign and execute a DEED OF ABSOLUTE
SALE in favour of the BUYER. The SELLER shall likewise execute and/or deliver any and all documents,
including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all
other documents necessary for the transfer of ownership from SELLER to the BUYER.

8. In case the SELLER could not fulfil any of the obligations stated in this Contract to Sell, the BUYER
shall be entitled to a full refund plus 10% interest per month.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this

_____ day of _______________________ 20________ at

___________________________________, Philippines.

___________________________________
___________________________________

Printed Name and Signature of SELLER Printed Name and Signature of BUYER

SIGNED IN THE PRESENCE OF:

___________________________________
______________________________________

Printed Name and Signature of 1st Witness Printed Name and Signature of
2nd Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.

BEFORE ME, a Notary Public for and in

________________________________________________________ personally appeared:

Name ID Number Date/Place Issued

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same are their free act and voluntary deed.

This instrument, consisting of 2 pages, including the page on which this acknowledgment is written,
has been signed on the left margin of each and every page thereof by the concerned parties and
their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on this ______day of

_______________________________20__________ at_____________________________.

Notary Public

Doc. No. ……..;

Page No. …….;

Book No. …….;

Series of 20____.

CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this ____ day of _________, 2016 by and between:

(NAME OF VENDOR), of legal age, single/married to (Name of spouse if any), Filipino, and with
residence and postal address at (Address), hereinafter referred to as the "VENDOR";

-AND-

(NAME OF VENDEE), Filipino and with residence and postal address at (Address), hereinafter
referred to as the "VENDEE".

WITNESSETH;

WHEREAS, the VENDOR is the absolute and registered owner of a parcel of land consisting of
LAND AREA IN WORDS (000) square meters, more or less, located at (Address of property to be sold)
and covered by Transfer Certificate of Title No. (TCT Number) issued by the Registry of Deeds of
(Name of Town or City);

WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell the above
mentioned property under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of (Amount in words) (Php:
1,000,000.00) Philippine Currency, and of the covenants herein after set forth the VENDOR agrees to
sell and the VENDEE agrees to buy the aforesaid property subject to the following terms and
conditions: (Note: Terms and Conditions below are sample only, please revise)

1. The total consideration shall be One Million (Php: 1,000,000.00) PESOS, Philippine Currency,
payable as follows:

a) The amount of FIFTY THOUSAND (Php: 50,000.00) PESOS, representing earnest money shall be
payable by the VENDEE to the VENDOR upon signing of this Contract to Sell;

b) The remaining balance in the amount of NINE HUNDRED FIFTY THOUSAND (Php: 950,000.00)
PESOS, shall be paid in Cash on or before _________, 2010.

c) In case the check representing the payment for the balance provided in paragraph b hereof, is
dishonored by the drawee bank, the earnest money in the amount of FIFTY THOUSAND (Php:
50,000.00) PESOS, shall be forfeited in favor of the VENDOR.

2. Capital Gains Tax and Real Estate Tax, shall be for the account of the VENDOR;

3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other miscellaneous
fees and expenses shall be to the account of the VENDEE;
4. Possession to the subject property shall be delivered by the VENDOR to the VENDEE upon full
payment of the total consideration;

5. Upon full payment of the total price, the VENDOR shall sign and execute a DEED OF ABSOLUTE
SALE in favor of the VENDEE. The VENDOR shall likewise execute and/or deliver any and all
documents, including but not limited to the original copy of Transfer Certificate of Title, Tax
Declaration and all other documents necessary for the transfer of ownership from VENDOR to
the VENDEE.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ______ day of
__________________ at _________________________, Philippines.

(VENDOR) (VENDEE)

Name Name

WITH MARITAL CONSENT:

________________________ _________________________
Name of Vendor's Spouse Name of Vendee's Spouse

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.

BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared the
following:

Name CTC Number Date/Place Issued

(Name of Vendor) 10000000 February 5, 2016 / Pasay City

(Name of Vendee) 10000000 January 14, 2016 / Quezon City

This instrument, consisting of ___ page/s, including the page on which this acknowledgment is
written, has been signed on the left margin of each and every page thereof by the concerned parties
and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.

Notary Public

Doc. No. ........;

Page No. .......;
Book No. .......;
Series of 2016