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    DEED OF CONDITIONAL SALe

    Uploaded by

    Erdna Leugim Noerrac
    This deed of conditional sale documents the agreement between Michael Oliver Keith D. Guadaña and Alanice Froline D. Guadaña (the vendors) and May Ann Picaña Hartl (the vendee) for the sale of two parcels of land. The total sale price is PHP 2.3 million, with PHP 1 million paid up front and the remaining PHP 1.3 million due by June 22, 2021. After full payment, the vendors and vendee will execute a deed of absolute sale to transfer ownership, with all expenses to be paid by the vendee. The contract is binding upon heirs, successors, administrators and assigns of both parties.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    DEED OF CONDITIONAL SALe

    Uploaded by

    Erdna Leugim Noerrac
    53 views2 pages
    This deed of conditional sale documents the agreement between Michael Oliver Keith D. Guadaña and Alanice Froline D. Guadaña (the vendors) and May Ann Picaña Hartl (the vendee) for the sale of two parcels of land. The total sale price is PHP 2.3 million, with PHP 1 million paid up front and the remaining PHP 1.3 million due by June 22, 2021. After full payment, the vendors and vendee will execute a deed of absolute sale to transfer ownership, with all expenses to be paid by the vendee. The contract is binding upon heirs, successors, administrators and assigns of both parties.

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    DEED OF CONDITIONAL SALe_copy

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    This deed of conditional sale documents the agreement between Michael Oliver Keith D. Guadaña and Alanice Froline D. Guadaña (the vendors) and May Ann Picaña Hartl (the vendee) for the sale of two parcels of land. The total sale price is PHP 2.3 million, with PHP 1 million paid up front and the remaining PHP 1.3 million due by June 22, 2021. After full payment, the vendors and vendee will execute a deed of absolute sale to transfer ownership, with all expenses to be paid by the vendee. The contract is binding upon heirs, successors, administrators and assigns of both parties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    53 views2 pages

    DEED OF CONDITIONAL SALe

    Uploaded by

    Erdna Leugim Noerrac
    This deed of conditional sale documents the agreement between Michael Oliver Keith D. Guadaña and Alanice Froline D. Guadaña (the vendors) and May Ann Picaña Hartl (the vendee) for the sale of two parcels of land. The total sale price is PHP 2.3 million, with PHP 1 million paid up front and the remaining PHP 1.3 million due by June 22, 2021. After full payment, the vendors and vendee will execute a deed of absolute sale to transfer ownership, with all expenses to be paid by the vendee. The contract is binding upon heirs, successors, administrators and assigns of both parties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    DEED OF CONDITIONAL SALE

    This instrument, made and executed by and between:

    MICHAEL OLIVER KEITH D. GUADAŃA and ALANICE FROLINE D.


    GUADAŃA, both of legal age, single, Filipino citizens, with residence address at
    # 471 B. Maria Pucay Road, Pinsao Proper, Baguio City duly represented by their
    appointed Attorney-in-Fact, JOHNNY A. DEGAY and/or ANTONIA P.
    DEGAY, both of legal age, Filipino citizens, and with residence address at JB-20-
    1, Pico, Km.4, La Trinidad, Benguet, hereinafter called the VENDORS; and

    MAY ANN PICAŃA HARTL, of legal age, married to KLEMENS HARTL,


    with residence address at Santiago Sur, Caba, La Union represented by her
    mother, MELGIE C. PICAŃA, Filipino citizen, of legal age, widow, and with
    residence address at Santiago Sur, Caba, La Union, hereinafter called the
    VENDEE;

    -WITNESSETH-

    That the VENDORS are the only surviving legal heirs of the late FRITZIE ELINE D.
    GUADAŃA. The late FRITZIE ELINE D. GUADAŃA is the owner of two (2) parcels of land
    located in Santiago Sur, Caba, La Union as per that Deed of Absolute Sale executed by GABBY
    C. YABUT and MARNIE L. LUMAUAG in favor of FRITZIE ELINE D. GUADAŃA before
    Notary Public, which are described as follows:

    Parcel One:
    TRANSFER CERTIFICATE OF TITLE No. 025-2011000355

    “A parcel of land situated in Santiago Sur, Caba, La Union designated as Lot No. 3309, CAD. 719-D.
    Beginning at a point marked “1” of Lot No. 309, CAD 719-D, being S. 54-09 W., 822.76 M. from BLLM
    No. 1, CAD. 719-D; Thence N. 19-19 E., 18.14 M. to point 2; S. 85-53 E., 31.84 M. to point 3; S. 06-24
    W., 17.85 M. to point 4; N. 85-24 W.,33.14 M. to point 5; N. 84-47 W., 2.75 M. to point 1; point of
    beginning. Containing an area of FIVE HUNDRED AND NINETY NINE (599) square meters. All
    points are marked on the ground by P.S. Cyl. Conc. Mons. Bounded on the W., along line 1-2 by Brgy.
    Road; on the N., along line 2-3 by Lot 2816, CAD. 719-D, on the E., along line 3-4 by Lot 2818, CAD.
    719-D; on the S., along line 4-5 by Lot 2819, CAD. 719-D; and along line 5-1 by Lot 2838, CAD. 719-D.
    Bearings Grid.”

    Parcel Two:
    KATIBAYAN NG ORIHINAL NA TITULO BLG. FP-8243
    LOT No. 2819, CAD.719-D

    “Beginning at a point marked “1” of Lot No. 2819, Cad-719-D, being S. 52-15 W., 824.80 m. from
    BLLM No. I, CAD-719-D; thence

    N. 71-01 W., 13.72 m. to point 2; N. 02-53 E. 18.47 m. to point 3;


    S. 85-24 E., 33.14 m. to point 4; S. 11-16 W., 14.54 m. to point 5;
    S. 16-14 E., 4.04 m. to point 6; S. 83-45 W., 19.40 m. to point 1;
    point of beginning.

    Containing an area of SIX HUNDRED AND FORTY FOUR (644) square meters.

    Page 1 of 2
    All points are marked on the ground by P.S. Cyl. Conc. Mons. Bounded on the S., along line 1-2 by Lot
    2821, CAD. 719-D; on the W., along line 2-3 by Lot 2838, CAD. 719-D; on the N., along line 3-4 by Lot
    3309, CAD. 719-D; on the E., along line 4-5 by Lot 2818, CAD. 719-D; along line 5-6 by Lot 3092,
    CAD. 719-D; and on the S., along line 6-1 by Lot 2820, CAD. 719-D.”

    That the VENDORS hereby sells to the VENDEE who agreed to buy the above-described
    lands under the following terms and conditions, to wit:

    1. That the total consideration of the sale is TWO MILLION THREE HUNDRED
    THOUSAND (Php 2,300,000.00), Philippine currency;

    2. That upon signing of this contract the VENDEE shall pay the VENDORS a down
    payment amounting to:

    March 20, 2021 - Php 800,000.00 (Cash)


    March 22, 2021 - Php 200,000.00 (BANK DEPOSIT THRU BDO)
    Php 1,000,000.00

    3. That the remaining balance of PESOS: ONE MILLION THREE HUNDRED


    THOUSAND (Php 1, 300, 000.00) shall be paid on or before June 22, 2021.

    4. That after full payment of the price or consideration, the VENDORS and
    VENDEE are required to execute a Deed of Absolute Sale for the transfer of
    ownership; and

    5. All expenses, such as capital gains tax, transfer tax, registration fee and all
    incidental expenses shall be to the account of the VENDEE.

    The CONTRACT shall be binding upon their heirs, successors, administrators and
    assigns of the respective parties hereto.

    IN WITNESS WHEREOF, the parties have hereunto set their hands this ___________ at
    Caba, La Union.

    Page 2 of 2

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