Scribd
Upload
68 views

Deed of Conditional Sale Reaper

This document is a deed of conditional sale for a farm reaper. It details the sale of the reaper from the vendor to the buyer for 1.5 million Philippine pesos. The buyer will pay 100,000 pesos as a down payment and the remaining 1.4 million by a specified date. Possession transfers to the buyer upon signing but will revert to the vendor if the remaining balance is unpaid. Upon full payment, the vendor will sign over the deed of absolute sale transferring ownership.

Uploaded by

Randolf Forster Dee
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
68 views

Deed of Conditional Sale Reaper

This document is a deed of conditional sale for a farm reaper. It details the sale of the reaper from the vendor to the buyer for 1.5 million Philippine pesos. The buyer will pay 100,000 pesos as a down payment and the remaining 1.4 million by a specified date. Possession transfers to the buyer upon signing but will revert to the vendor if the remaining balance is unpaid. Upon full payment, the vendor will sign over the deed of absolute sale transferring ownership.

Uploaded by

Randolf Forster Dee
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

DEED OF CONDITIONAL SALE

 
KNOW ALL MEN BY THESE PRESENTS:
 
          That I, ______, Filipino, of legal age, a resident of Alicia, Isabela, is the lawful owner of a
certain reaper, a farm implement, which is more particularly described as follows: 
 
Model: DC 70 Engine No.:
Serial No:
 
That for and in consideration  of the total sum of PHILIPPINE PESO: ONE MILLION
FIVE HUNDRED THOUSAND (PhP:1,500,000.00) Philippine Currency, and of the covenants
herein after set forth, I, the VENDOR/SELLER agree to sell to the buyer, ____, a resident of,
Cagayan, who agrees to buy the aforesaid reaper subject to the following terms and conditions:

 
1. The total consideration shall be PHILIPPINE PESO: ONE MILLION FIVE HUNDRED
THOUSAND (PhP:1,500,000.00), payable as follows:
a) The amount of ONE HUNDRED THOUSAND (PhP 100,000.00) PESOS,
representing earnest money shall be payable by the BUYER/VENDEE to the
SELLER/VENDOR upon signing of this Deed of Conditional Sale;
 
b) The remaining balance in the amount of ONE MILLION FOUR HUNDRED
THOUSAND (PhP:1,400,000.00), shall be paid in Cash on or before ___.

2. Possession to the subject property shall be delivered to the BUYER/VENDEE upon


signing and execution of this Contract; However, in the event that the BUYER/VENDOR
does not/refuses to pay the remaining balance on or before ____, possession of the
subject reaper shall be returned back to the VENDOR/SELLER immediately and without
need of demand upon expiration of the aforesaid period;

3. 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
necessary for the transfer of ownership from SELLER/VENDOR to the
BUYER/VENDEE.

IN WITNESS WHEREOF, I have signed my name this 14th of April at, Cagayan.

Vendor/Seller

SIGNED IN THE PRESENCE OF:


_____________________________ _____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


MUNICIPALITY OF CAMALANIUGAN ) S.s.
PROVINCE OF CAGAYAN )

BEFORE ME, a Notary Public for and in the Province of Cagayan, Municipality of
Camalaniugan, personally appeared the aforementioned parties, 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 two (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 __________________at Camalaniugan,


Cagayan.

Doc. No. ;
Page No.
Book No. 5;
Series of 2016.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy