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Property Descriptions Transfer Certificate of Title No.

This deed of absolute sale documents the transaction between a seller and buyer of 400 square meters of land. The seller owns the land located in Barangay Balintawak, Pagadian City covered by Transfer Certificate of Title No. [number]. The seller intends to sell 400 square meters of the total 15,792 square meter property to the buyer. In consideration of PHP 120,000 paid by the buyer, the seller transfers ownership of the 400 square meters to the buyer including all improvements, free from liens and encumbrances. Both parties and their spouses sign to finalize the sale.

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0% found this document useful (0 votes)
55 views3 pages

Property Descriptions Transfer Certificate of Title No.

This deed of absolute sale documents the transaction between a seller and buyer of 400 square meters of land. The seller owns the land located in Barangay Balintawak, Pagadian City covered by Transfer Certificate of Title No. [number]. The seller intends to sell 400 square meters of the total 15,792 square meter property to the buyer. In consideration of PHP 120,000 paid by the buyer, the seller transfers ownership of the 400 square meters to the buyer including all improvements, free from liens and encumbrances. Both parties and their spouses sign to finalize the sale.

Uploaded by

jodine bongcawil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This deed of Absolute Sale is made and entered into by the following parties.

__________, of legal age, married to ____________, Filipino and with resident address
at Balintawak, Pagadian City, Zamboanga del Sur, hereinafter referred to as the
“SELLER/VENDOR”

- and -

________________, of legal age, married to _________________, Filipino and with


resident address at Kawit, Pagadian City, Zamboanga del Sur hereinafter referred to as
the “BUYER”

-WITNESSETH-

WHEREAS, the VENDOR is the lawful and legitimate owner of a parcel of land situated
in Barangay Balintawak, Pagadian City, Zamboanga Del Sur and covered by Transfer Certificate
of Title No.________, containing an area of Fifteen Thousand Seven Hundred Ninety Two
(15,792) Square Meters and more particularly describe as follows:

Property Descriptions

Transfer Certificate of Title No. ______

“… lot 5223-C-4, along line 1-2 by lot 5223-C-3, both of the subd. Pla, on NE., along
line 2-3 by lot 5215, Pls-119, Pagadian Public subd. Beginning AT A POINT MARKED
“1” on plan being S. 10 deg.54’E., 2082.50m. from BLLM No. 21, Pls-119, Pagadian
land subd. Thence; N.57-36’E., 130.63m. to point 2....”

WHEREAS, the VENDOR intends to sell the area of FOUR HUNDRED (400) square
meters which being a portion of the Lot No. _________while the BUYER intend to buy the
aforesaid portion of the parcel of land.

NOW THEREFORE, for and in consideration of the sum of ONE HUNDRED TWENTY
THOUSAND PESOS Only (Php 120,000) Philippine currency, hand paid by the vendee to the
vendor, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute
Sale unto the said BUYER, 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.

IN WITNESS WHEREOF, the parties hereunto affixed their signatures today


_________________ here at ___________________________________.

Name of Seller Name of Buyer

WITH MARITAL CONSENT:

Name of Seller’s Spouse Name of Buyer’s Spouse

SIGNED IN THE PRESENCE OF:

_______________________ _____________________

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES )
Pagadian City ) SS.

BEFORE ME, a Notary Public for and in the City of Pagadian, this
___________________, personally appeared _________ exhibiting to me her
___________________________ and _______________ exhibiting to me her
_________________________ as their competent evidence of identity bearing their photograph
and signatures, who are known to me and to me known to be the same persons who executed the
foregoing instrument and acknowledged to me that the same is their own free act and voluntary
act and 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 hereof by the concerned
parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, at the place and date above-written.

Doc. No._____
Page No._____
Book No._____
Series of 2020.
ACKNOWLEDGMENT RECEIPT OF MONEY

Date: __________________

RECEIVED from ______________, the amount of ONE HUNDRED TWENTY


THOUSAND PESOS Only (Php 120,000), Philippine, as full payment for the purchase of the
portion of the property located at Brgy. _____________,_________ City covered by TCT No.
___________

The above payment is subject to the terms and conditions stipulated in the contract for the
property being sold.

Received by:

_____________________

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