The document is a receipt agreement acknowledging Rebecca Belo's down payment of 1 million pesos via check for the purchase of a laser slimming machine. The down payment constitutes part of the total 2.5 million peso purchase price, with the balance to be paid upon delivery to Belo's clinic within 7 days. Upon full payment, the seller will execute a deed of sale transferring ownership of the machine to Belo free of any liens or encumbrances.
The document is a receipt agreement acknowledging Rebecca Belo's down payment of 1 million pesos via check for the purchase of a laser slimming machine. The down payment constitutes part of the total 2.5 million peso purchase price, with the balance to be paid upon delivery to Belo's clinic within 7 days. Upon full payment, the seller will execute a deed of sale transferring ownership of the machine to Belo free of any liens or encumbrances.
The document is a receipt agreement acknowledging Rebecca Belo's down payment of 1 million pesos via check for the purchase of a laser slimming machine. The down payment constitutes part of the total 2.5 million peso purchase price, with the balance to be paid upon delivery to Belo's clinic within 7 days. Upon full payment, the seller will execute a deed of sale transferring ownership of the machine to Belo free of any liens or encumbrances.
The document is a receipt agreement acknowledging Rebecca Belo's down payment of 1 million pesos via check for the purchase of a laser slimming machine. The down payment constitutes part of the total 2.5 million peso purchase price, with the balance to be paid upon delivery to Belo's clinic within 7 days. Upon full payment, the seller will execute a deed of sale transferring ownership of the machine to Belo free of any liens or encumbrances.
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
You are on page 1of 1
DOWN PAYMENT RECEIPT AGREEMENT
Received from REBECCA Z. BELO, with postal address at Mypa
Building, Diego Silang St., Batangas City, the sum of One Million Pesos (Php 1,000,000.00) covered by Security Bank, check # 000987654 dated October 3, 2013 representing EARNEST MONEY for payment of one (1) unit SuctioFat-1000 laser slimming machine. This DOWN PAYMENT forms part of the purchase price of Two Million Five Hundred Thousand (Php 2,500,000.00). The balance and full payment shall be paid upon delivery of the laser slimming machine to Buyers dermatology clinic at Mypa Building, Diego Silang St., Batangas City within seven (1) days from receipt of this down payment. Upon full payment, the SELLER shall execute a DEED OF ABSOLUTE SALE in favor of the BUYER, conveying the subject property with full warranty, and free and clear from any liens and encumbrances. October 3, 2013, Batangas City.