CONTRACT TO SELL Vacant Lot

CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This Contract to Sell is made and executed and entered into by:
Adam Noah Levine, of legal age, Filipino, married to Meghan Markle Levine, with residence
address at Postal 092 San Pablo Mexico Pampanga, 2011 , hereinafter referred to as the SELLER;
-AND-
Arjay S. Pineda, of legal age, Filipino, married to, Jenica Alexis Pineda and with residence and
postal address at 111 Santo Rosario Santa Ana Pampanga, 2022, hereinafter referred to as the
BUYER;
WITNESSETH;
WHEREAS, the SELLER is the registered owner of a parcel of land with improvements
located at 8A Tizon St. Poblacion Santo Tomas Pampanga of the property for sale in the
Philippines and covered by Transfer Certificate of Title No. 068-2015000320 containing a total
area of ONE THOUSAND TWO HUNDRED (1,200sqm) SQUARE METERS, more or less,
issued by the Registry of Deeds of Municipality of Santo Tomas Pampanga;
WHEREAS, the BUYER has offered to buy and the SELLER 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 EIGHT HUNDRED
THOUSAND PESOS (P800,000.00) Philippine Currency, and of the covenants herein after set
forth the SELLER agrees to sell and the BUYER agree to buy the aforesaid property subject to
the following terms and conditions:
The total consideration shall be EIGHT HUNDRED THOUSAND PESOS (P800,000.00)

Philippine Currency, payable through CASH/MANAGERS’ CHECK/WIRE TRANSFER as
follows:
1.1. The amount of THE EARNEST MONEY DEPOSIT (P400,000.00) representing earnest
money deposit shall be payable upon execution of this Contract to Sell and shall be considered
part of the total Contract price.
1.2. The remaining balance amounting to THE REMAINING BALANCE (P400,000.00)

PESOS Philippine Currency, shall be payable within ONE YEAR upon execution of this
Contract to Sell.
1.3 In case the BUYERS could not fulfil any of their obligation stated in this Contract To Sell,
the earnest money shall be forfeited in favor of the SELLER.
2. All pending utility bills, if any, Real Estate Tax up to the time of sale, Capital Gains Tax,
Documentary Stamp Tax, shall be for the account of the SELLER.
3. Notarization fees, Registration Fee, Transfer Fees and all miscellaneous fees and expenses
to transfer the certificate of title in the name of the new owner shall be for the account of the
SELLER;
4. Possession to the subject property shall be delivered by the SELLER to the BUYER
upon full payment of the total consideration;
5. ADDITIONAL TERMS AND CONDITIONS SUCH AS Delivery of the property shall be

given by the SELLER to the BUYER devoid of any religious artefacts, personal belongings
and effects, tenants and any toxic/radioactive substances. Etc.
6. TERMS AND CONDITIONS MAY VARY ON A CASE-TO-CASE BASIS.

CONTRACTING PARTIE MAY ADD, SUBTRACT, EDIT, ANY OR ALL PARTS OF THIS
CONTRACT TO SELL AS THEY SEE FIT
7. Upon full payment of the total price, the SELLER shall sign and execute a DEED OF
ABSOLUTE SALE in favour of the BUYER. The SELLER 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 to the BUYER.
8. In case the SELLER could not fulfil any of the obligations stated in this Contract to Sell,
the BUYER shall be entitled to a full refund plus 10% interest per month.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this
day of 20 at
, Philippines.
Printed Name and Signature of SELLER Printed Name and Signature of BUYER
SIGNED IN THE PRESENCE OF:
Printed Name and Signature of 1st Witness Printed Name and Signature of 2nd Witness
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
) SS.
BEFORE ME, a Notary Public for and in

personally appeared:
Name ID Number Date/Place Issued
Known to me and to me known to be the same persons who executed the foregoing instrument
and acknowledged to me that the same are their free act and voluntary deed.
This instrument, consisting of 2 pages, 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.
WITNESS MY HAND AND SEAL on this day of

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

CONTRACT TO SELL Vacant Lot

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CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

The total consideration shall be EIGHT HUNDRED THOUSAND PESOS (P800,000.00)

1.2. The remaining balance amounting to THE REMAINING BALANCE (P400,000.00)

5. ADDITIONAL TERMS AND CONDITIONS SUCH AS Delivery of the property shall be

6. TERMS AND CONDITIONS MAY VARY ON A CASE-TO-CASE BASIS.

REPUBLIC OF THE PHILIPPINES)

BEFORE ME, a Notary Public for and in

Name ID Number Date/Place Issued

WITNESS MY HAND AND SEAL on this day of

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