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    Contract To Sell: TCT Number

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    CacaCamenforte
    This document is a contract to sell a 260 square meter parcel of land located in Brgy. Utap, Tacloban City from Evangeline Garcia to Camille Israel. The total consideration is 520,000 pesos, with 50,000 pesos paid as earnest money upon signing and the remaining 470,000 pesos due by February 28. The contract details terms regarding payment forfeiture, taxes, possession transfer, and execution of sale documents upon full payment. Both parties and their spouses signed with acknowledgment by a notary public.

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    © All Rights Reserved
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    Contract To Sell: TCT Number

    Uploaded by

    CacaCamenforte
    180 views3 pages
    This document is a contract to sell a 260 square meter parcel of land located in Brgy. Utap, Tacloban City from Evangeline Garcia to Camille Israel. The total consideration is 520,000 pesos, with 50,000 pesos paid as earnest money upon signing and the remaining 470,000 pesos due by February 28. The contract details terms regarding payment forfeiture, taxes, possession transfer, and execution of sale documents upon full payment. Both parties and their spouses signed with acknowledgment by a notary public.

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    Sample Contract to Sell

    Original Title

    Contract to Sell

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    This document is a contract to sell a 260 square meter parcel of land located in Brgy. Utap, Tacloban City from Evangeline Garcia to Camille Israel. The total consideration is 520,000 pesos, with 50,000 pesos paid as earnest money upon signing and the remaining 470,000 pesos due by February 28. The contract details terms regarding payment forfeiture, taxes, possession transfer, and execution of sale documents upon full payment. Both parties and their spouses signed with acknowledgment by a notary public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    180 views3 pages

    Contract To Sell: TCT Number

    Uploaded by

    CacaCamenforte
    This document is a contract to sell a 260 square meter parcel of land located in Brgy. Utap, Tacloban City from Evangeline Garcia to Camille Israel. The total consideration is 520,000 pesos, with 50,000 pesos paid as earnest money upon signing and the remaining 470,000 pesos due by February 28. The contract details terms regarding payment forfeiture, taxes, possession transfer, and execution of sale documents upon full payment. Both parties and their spouses signed with acknowledgment by a notary public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    CONTRACT TO SELL

    KNOW ALL MEN BY THESE PRESENTS:

    This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and between:

    EVANGELINE M. GARCIA of legal age, married to FLORENCIO F. GARCIA, Filipino, and


    with residence and postal address at Brgy. 75, Fatima Village, hereinafter referred to as
    the "SELLER/VENDOR";

    -AND-

    CAMILLE LORRAINE C. ISRAEL, of legal age, Filipino, married to ROMEL C.


    ISRAEL and with residence and postal address at Phase 1 Area Block 1 Lot 22 V&G
    Subdivision, Tacloban City, hereinafter referred to as the "BUYER/VENDEE".

    WITNESSETH;

    WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of


    land consisting of TWO HUNDRED SIXTY (260) square meters, more or less, located at Brgy.
    Utap, City of Tacloban, Province of Leyte, Island of Leyte and covered by Transfer
    Certificate of Title No. (TCT Number) issued by the Registry of Deeds of Tacloban City;

    WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has
    agreed to sell the above mentioned property under the terms and conditions herein below set
    forth;

    NOW THEREFORE, for and in consideration of the total sum of Five Hundred Twenty
    Thousand Pesos (Php: 520,000.00) Philippine Currency, and of the covenants herein after set
    forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the
    aforesaid property subject to the following terms and conditions:

    1. The total consideration shall be Five Hundred Twenty Thousand Pesos (Php: 520,000.00)
    PESOS, Philippine Currency, payable as follows:

    a) The amount of FIFTY THOUSAND PESOS (Php: 50,000.00) PESOS, representing earnest
    money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this
    Contract to Sell;

    b) The remaining balance in the amount of FOUR HUNDRED SEVENTY THOUSAND (Php:
    470,000.00) PESOS, shall be paid in Cash on or before FEBRUARY 28, 2018.

    c) In case the check representing the payment for the balance provided in paragraph b hereof,
    is dishonored by the drawee bank, the earnest money in the amount of THREE HUNDRED
    THOUSAND (Php: 300,000.00) PESOS, shall be forfeited in favor of the SELLER/VENDOR.
    2. Capital Gains Tax and Real Estate Tax, shall be for the account of the SELLER/VENDOR;

    3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
    miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
    4. Possession to the subject property shall be delivered by the SELLER/VENDOR to
    the BUYER/VENDEE upon full payment of the total consideration;

    5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute
    a DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall
    likewise execute and/or deliver any and all documents, including but not limited to the original
    copy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for the
    transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.

    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
    ____________, 20__ at _________________________, Philippines.

    (SELLER/VENDOR) (BUYER/VENDEE)
    Name Name

    WITH MARITAL CONSENT:

    ________________________ _________________________
    Name of Seller/Vendor's Spouse Name of Buyer/Vendee's Spouse

    SIGNED IN THE PRESENCE OF:

    __________________________ ____________________________

    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES)


    _____________________________ ) SS.

    BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared


    the following:

    Name CTC Number Date/Place Issued

    (Name of Seller/Vendor) 10000000 February 5, 20__ / Pasay City


    (Name of Buyer/Vendee) 10000000 January 14, 20__ / Quezon City

    This instrument, consisting of ___ page/s, including the page on which this acknowledgment is
    written, has been signed on the left margin of each and every page thereof by the concerned
    parties and their witnesses, and sealed with my notarial seal.

    IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.

    Notary Public
    Doc. No. ........;
    Page No. .......;
    Book No. .......;
    Series of 20__.

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