Deed of Absolute Sale
Deed of Absolute Sale
Deed of Absolute Sale
And
MARIA U. OZAWA, of legal age, Filipino, with address at Purok Malakas
Mother Barangay Rosary Heights, Cotabato City, Philippines, herein
referred to as “VENDEE”;
WITNESSETH THAT:
Whereas, THE vendor is the absolute and registered owner of a house and lot
located at Windmill subdivision, Cotbato City, Philippines, with an area of one hundred
twenty (120) square meters and owned by a Transfer Certificate of title no. 147-215400 of
the Registry of Deeds, for the City of Cotabato, hereinafter referred to as the “SUBJECT
PROPERTY”, which is more particularly described as follows:
WHEREAS, the VENDOR desires to sell the said parcel of land with house and other
improvements thereon for FIVE HUNDRED THOUSAND PESOS (PHP 500,000.00) and the
VENDEE is able, willing and ready to purchase the same under the terms and conditions
hereinafter set forth;
NOW, THEREFORE, for and in consideration of the sum total amount of FIVE HUNDRED
THOUSAND PESOS (PHP500,000.00), Philippine Currency, VAT Inclusive, in hand received
by the VENDOR from the VENDEE to the former’s full satisfaction and benefit and receipt
hereof is hereby acknowledged by the VENDOR, the VENDOR by these presents hereby
SELLS, CEDES, TRANSFERS, and CONVEYS to the VENDEE, by way of Deed of
Absolute Sale, their heirs, administrators and assigns, in a manner absolute and irrevocable, the
above prescribed parcel of land with house and other improvements thereon, free from liens and
encumbrances of whatever nature and on an “AS IS WHERE IS BASIS”;
The VENDOR warrants that the aforesaid land is free from any liens and encumbrances and that
said VENDOR would defend the title and rights of the BUYER from any claims of whatever
kind or nature from third persons.
Transfer Tax, Registration Fees, Notarial Fee, and other incidental expenses related to the
transfer of the title to the name of the VENDEE. The VENDOR warrants that the Real Estate
Taxes and association dues for the full year 2016, has been paid in full.
The VENDOR hereby warrants to deliver to the VENDEE the following documents
simultaneously with the execution of this contract, to wit:
Transfer Tax, Registration Fees, Notarial Fee, and other incidental expenses related to the
transfer of the title to the name of the VENDEE. The VENDOR warrants that the Real Estate
Taxes and association dues for the full year 2016, has been paid in full. The VENDOR hereby
warrants to deliver to the VENDEE the following documents simultaneously with the execution
of this contract, to wit:
1. Original Owner’s Copy and certified true copy of TCT No. 157-2016001259 is free from all
liens and encumbrance, lis pendens, option, liabilities and encumbrances;
3. Original official Receipts covering payments of real estate taxes and association dues;
5. Vicinity Map;
The VENDOR warrants that the subject property is not tenanted and free from all claims of
third person/s or entities and that the provision of laws are satisfied to effect a valid and enforceable
transfer and conveyance on the said SUBJECT PROPERTY. The VENDOR further undertakes
and obligates to execute any and all documents, instruments and deeds necessary, appropriate or
required to effectuate this Deed and the provisions herein contained and to transfer the title to the
name of the VENDEE.
This foregoing instrument and hereby acknowledged to me that the same is their free and
voluntary act and deed. This instrument consisting of three (3) pages, including this page on
which this acknowledgment is written refers to a DEED OF ABSOLUTE SALE of a parcel of
land and has been signed by the parties and their witnesses and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand on the date and place first
above written.
DOC. NO.
PAGE NO.
BOOK NO.
SERIES OF 2021