CONTRACT TO SELL Example
CONTRACT TO SELL Example
CONTRACT TO SELL Example
JERMELYN A. ROMERO, of legal age, widow, Filipino citizen and residents of C-93 K-ville
Townhomes, Sanville Subdivision, Tandang Sora, Quezon City, hereinafter referred to as the SELLER;
And
WITNESSETH: THAT
WHEREAS, the SELLER is the lawful owner of Condominium Residential Unit No. 1, Cluster G,
Third Floor, Area: 30.00 sq. m. located at Brgy. Kaligayahan, Novaliches, Quezon City, with
Condominium Certificate of Title No. ___________________:
Condominium Residential Unit No.1, Cluster G, Third Floor, located at Brgy. Kaligayahan,
Novaliches, Quezon City, containing an area of Thirty (30) square meters, more or less.
WHEREAS, the SELLER is willing to sell the above-described property and the BUYERS are willing
to buy the same;
NOW THEREFORE, for and in consideration of the foregoing premises, both parties do hereby
agrees on the following terms and conditions:
1. That the agreed consideration of the sale is THREE HUNDRED THOUSAND(P300,000.00) PESOS,
Philippine Currency of the said property;
2. That the amount of ONE HUNDRED FIFTY THOUSAND (P150,000.00) PESOS, payable with
postdated check dated July 5, 2017, representing the DOWNPAYMENT of the said property;
3. That the remaining balance of ONE HUNDRED FIFTY THOUSAND (P150,000.00) PESOS, shall be
made payable with postdated check dated August 5, 2017:
4. That upon completion of the payment, the Seller will vacate the premises/property and the keys
will be turnover to the BUYERS and the same BUYERS will occupy and use the said property;
5. That after payment of the total consideration of the sale, the seller shall execute a Deed of
Absolute Sale in favor of the BUYERS so that they become the absolute owner of the property;
6. That the capital gains tax, documentary stamps, registration fee, transfer fee and other
miscellaneous expenses for the transfer of the title shall be for the account of the BUYERS.
IN WITNESS WHEREOF, have hereunto set our hands this ______________ day of
___________________________ at ____________________________________________.
JERMELYN A. ROMERO
Seller
CTC No. ________________________
Issued on _______________________
Issued at________________________
_______________________________ ______________________________
Buyer Buyer
CTC No. ________________________ CTC No. ________________________
Issued on _______________________ Issued on _______________________
Issued on _______________________ Issued at _______________________
_____________________________________ _______________________________
Witness Witness
ACKNOWLEDGEMENT
This instrument consisting of two (2) pages, where the parties and their instrumental witnesses
signed on each and every page thereof, refers to a Contract to Sell