CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL is made and executed in, , Philippines
on this day of 2024 by and between:
AMELDA B. QUIACHON married to SANSON QUIACHON, of
all legal age, Filipino citizen, and resident of Miami Homes subd.,
St., 1 San Isidro Talisay City, Cebu and hereinafter collectively
referred to as “VENDOR”
-and-
, of legal age, Filipino citizen, with
residence and postal address at ,
hereinafter referred to as “VENDEE”
WITNESSETH: THAT -
WHEREAS, the VENDOR is the lawful Heir of Teodoro Cabañero of a parcel of
land located at Buenavista, CarCar, Cebu, covered by OCT No. RO-13213
issued by the Registry of Deeds. Such parcel of land is more particularly
described as follows:
A parcel of land (AP-07-000400, Lot 5541, Qarcar Cadastre), situated in the Barrio of Buenavista,
Municipality of Carcar, Province of Cabu, Island of Gebu. Bounded on the NE. along line 1-2 by Lot 5548,
on the SE.? along line 2-3-4 by Lot 5542, and along line 4-5 by Lot 5504, on the SW.? along lines 5-6-7 by
Lot 5506, on the NE. NW and SE.? along lines 7-8-9-10, by Lot 5505, on the S., along line 10-11-12-13-14-
15-16-
17 by Lot 5506, on the along line 17-18 by Lot 5538, and along line 18-19 by Lot 5507, on the N., NW.
and W., along lines 19-20-21-22-23 by Lot 5540, on the NE., N., along lines 23-24-25, by Lot 5555, and
on the N., along line 25-26, along lines 26-27-28-1 by Lot 5555, all of Carcar Cad.; Beginning at a point
marked “1” on the plan, being S. 64 deg. 33 W., thence S. 34 deg. 55 3.48 m. to point 2 thence S. 28 deg.
45 W., 50.77 m.to point 3 thence S., 18 deg. 04 W., 50.74 m. to point 4; thence S.33 deg. 58 W.,85.84 m.to
point 5; thence N.26 deg. 12’W., 18.08 m. to point 6; thence N.61 deg. 22 W.,14 46 m. to point 7; thence
N.14 deg. 20 E., 22.95 m. to point 8; thence N.67 deg. 25 W., 16.87 m.to point 9; thence S.29 deg. 24 W.,
10.73 m. to point 10; thence N.32 deg. 00 W., 10.25 m. to point 11; thence N.63 deg. 04 W., 8.28 m.to
point 12; thence N.73 deg. 26 W., 17.26 m.to point 13; thence N.51 deg. 01 W., 23.12 m.to point 14;
thence N.75 deg. 20 W., 28.19 m.to point 15; thence N.27 deg. 54 W., 19.81 m.to point 16; thence W.52
deg. 03 W., 28.60 m.to point 17; thence N.15 deg. 26., 18.72 m.to point 18; thence N.10 deg. 56 E.,
48.33 m. to point 19; thence S.75 deg. 24 E., 38.75 m.to point 20; thence S, 69 deg. 20 E.,15.22 m.to
point 21; thence N.41 deg. 29 E., 36.50 m.to point 22; thence N.03 deg. 26 E., 13.70 m. to point 23; thence
N.42 deg. 55 E., 18.02 m.to point 24; thence S. 56 deg. 55 E., 6.03 m.to point 25; thence S. 63 deg. 06 E.,
60.53 m. to point 26; thence S.66 deg. 03 E., 22.32 m. to point 27; thence S.76 deg. 28 E., 25.54 m.to
point 28; thence S.67 deg. 22 E., 22.69 m.to point of beginning; containing an area of TWENTY SIX
THOUSAND FIVE HUNDRED NINETY THREE (26,593) SQUARE METERS All points referred to are indicated
on the plan and marked on the ground by old cyl.cone.mons. Bearings true; Date of orig. survey,
December 1912, to January 1915, and the date of preparation of this plan by Raul Pacaña, Geod. Engr. on
October 8,1986 and approved, November 17,1986.
WHEREAS, the VENDEE has offered to buy a portion of the said lot and
the VENDOR has agreed to sell the above-described parcel of land subject to
the terms and conditions hereinafter sethforth.
NOW THEREFORE, for and in consideration of the foregoing premises
and the payment of the agreed purchase price in the manner and form
herein stipulated, the VENDOR hereby agrees to SELL, TRANSFER and
CONVEY unto the VENDEE his heirs, assigns and successors-in-interest, and
the VENDEE hereby agrees to BUY the PROPERTY subject to the following
terms and conditions:
Contract Price:
The contract price for the sale of the PROPERTY shall be at (PHP 1,500
per sqm.,) for the portion area of 150sqm., in total of TWO HUNDRED,
TWENTYFIVE THOUSAND PESOS
PESOS (PHP 225,000.00), Philippine Currency;
Down Payment:
Upon the execution of this Contract to Sell, the VENDEE shall make an
initial down payment of ONE HUNDRED
T H O U S A N D P E S O S PESOS (PhP 100,000.00), Philippine Currency.
Balance of Purchase Price:
The remaining balance of O N E H U N D R E D T W E N T Y F I V E
T H O U S A N D PESOS (PhP 125,000.00) shall be paid within (
2) years from the execution of this Contract to Sell.
Upon completion of payment of the balance purchase price above
stipulated and other obligations set forth hereto, the VENDOR shall execute
and deliver to the VENDEE a final DEED OF ABSOLUTE SALE, CONVEYING,
SELLING, CEDING
AND/OR TRANSFERRING the above-described property, free and clear of all
liens and encumbrances except those found therein at the time of the
execution of this document, thereafter the VENDOR shall cause the issuance
of Transfer Certificate of Title under the name of the VENDEE covering the
subject parcel of land, it being understood, however, that expenses for
capital gains tax and documentary stamp tax, transfer tax and other
Registration Fees shall be borne on both PARTIES.
Miscellaneous
This agreement shall inure to the benefit of, and be binding upon the
parties hereto and their respective heirs and assigns;
If any part of this agreement shall be deemed to be unenforceable or
unlawful by a court of competent jurisdiction, such termination shall have no
effect on the validity and enforceability of the other terms and conditions of
this Agreement, and the challenged term shall be deemed deleted;
This Agreement constitutes the entire agreement between the parties
and supersedes all prior statements, representations and agreements on
this subject matter.
IN WITNESS WHEREOF, the parties have hereunto affixed their
signatures this day of at .
VENDOR VENDEE
SIGNED IN THE PRESENCE OF:
ACKNOWLEDGMENT
Republic of the Philippines )
) S.S.
I certify on this date before me, a notary public duly authorized in
the city named above to take acknowledgments, personally appeared .
and
with their CTC No. and valid identification with pictures:
CTC and Valid
Identification Card
Name with Picture Date and Place of Issue
who are known to me/were identified by me through competent evidence of identity
to be the same persons described in the foregoing CONTRACT TO SELL, who
acknowledged before me that their respective signatures on the instrument were
voluntarily affixed by them for the purposes stated therein, and who declared to me
that they have executed the instrument as their free and voluntary act.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial
seal on the day, year and place above written.
Doc. No. ;
Page No. ; Notary Public
Book No.
; Series of 2024.
