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    Lopez-Contract To Sell

    Uploaded by

    Philip Ulep
    This document is a contract to sell a parcel of land located in Brgy. Talisay, Lipa City, Philippines from the heirs of Imelda Mendoza to Michelle Mae V. Lopez. The heirs agree to sell 85 square meters of the 85 square meter property to Lopez for PHP 250,000, to be paid in cash. Upon full payment, the sellers will execute a deed of absolute sale and transfer documents to transfer ownership of the property to the buyer. Both parties signed the contract in the presence of witnesses and it was notarized.

    Copyright:

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

    Lopez-Contract To Sell

    Uploaded by

    Philip Ulep
    25 views3 pages
    This document is a contract to sell a parcel of land located in Brgy. Talisay, Lipa City, Philippines from the heirs of Imelda Mendoza to Michelle Mae V. Lopez. The heirs agree to sell 85 square meters of the 85 square meter property to Lopez for PHP 250,000, to be paid in cash. Upon full payment, the sellers will execute a deed of absolute sale and transfer documents to transfer ownership of the property to the buyer. Both parties signed the contract in the presence of witnesses and it was notarized.

    Original Title

    LOPEZ-CONTRACT TO SELL

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    This document is a contract to sell a parcel of land located in Brgy. Talisay, Lipa City, Philippines from the heirs of Imelda Mendoza to Michelle Mae V. Lopez. The heirs agree to sell 85 square meters of the 85 square meter property to Lopez for PHP 250,000, to be paid in cash. Upon full payment, the sellers will execute a deed of absolute sale and transfer documents to transfer ownership of the property to the buyer. Both parties signed the contract in the presence of witnesses and it was notarized.

    Copyright:

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

    Lopez-Contract To Sell

    Uploaded by

    Philip Ulep
    This document is a contract to sell a parcel of land located in Brgy. Talisay, Lipa City, Philippines from the heirs of Imelda Mendoza to Michelle Mae V. Lopez. The heirs agree to sell 85 square meters of the 85 square meter property to Lopez for PHP 250,000, to be paid in cash. Upon full payment, the sellers will execute a deed of absolute sale and transfer documents to transfer ownership of the property to the buyer. Both parties signed the contract in the presence of witnesses and it was notarized.

    Copyright:

    © All Rights Reserved
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    You are on page 1of 3

    CONTRACT TO SELL

    KNOW ALL MEN BY THESE PRESENTS:

    This Contract to Sell is made and executed and entered into by: 

    Imelda A. Mendoza, as represented by: Archimedes M. Mendoza,


    Irene Joy A. Mendoza-Ulep, and Ivann Jay A. Mendoza, (collectively
    known as the “heirs of Imelda A. Mendoza”), all of legal age, Filipino,
    with residence address at Brgy. Talisay, Lipa City, Province of
    Batangas, Philippines, hereinafter referred to as the SELLER;

    -AND-

    Michelle Mae V. Lopez, of legal age, Filipino, and with residence at


    Brgy. Talisay, Lipa City, Province of Batangas, Philippines,
    hereinafter referred to as the BUYER; 

    WITNESSETH:

          WHEREAS, the SELLER is the registered owner of a


    parcel of land with improvements located at Brgy. Talisay, Lipa City,
    Province of Batangas, for sale in the Philippines and covered by
    Transfer Certificate of Title No. T-92897 containing a total area of
    EIGHTY FIVE SQUARE METERS (85 SQM), issued by the Registry
    of Deeds of the City of Lipa;

    WHEREAS, the BUYER has offered to buy and the SELLER


    has agreed to sell a PORTION OR EIGHTY FIVE (85) SQUARE
    METERS of the above-mentioned property under the terms and
    conditions herein below set forth;

    NOW THEREFORE, for and in consideration of the total sum


    of TWO HUNDRED FIFTY THOUSAND PESOS (Php 250,000.00)
    Philippine Currency, and of the covenants herein, the SELLER
    agrees to sell and the BUYER agree to buy the aforesaid portion of
    the property subject to the following terms and conditions:

    1. The total consideration shall be TWO HUNDRED FIFTY


    THOUSAND PESOS (Php 250,000.00) Philippine Currency,
    payable through CASH/MANAGERS’ CHECK

    2. All pending utility bills, if any, and Real Estate Tax up to the time
    of sale, shall be for the account of the SELLER;

    3. Capital Gains Tax, Documentary Stamp Tax, 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 BUYER;
    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 artifacts, personal belongings and effects, tenants and any
    toxic substances, etc.;

    6.    Upon full payment of the total price, the SELLER shall sign
    and execute a DEED OF ABSOLUTE SALE in favor 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.

    IN WITNESS WHEREOF, the parties have hereunto affixed


    their signatures this ____ of ______, 2021, at Lipa City, Philippines.

    HEIRS OF IMELDA MENDOZA

    -SELLER-

    BY:

    ________________________________ _______________________________

    IRENE JOY A. MENDOZA-ULEP MICHELLE MAE V. LOPEZ


    -BUYER-

    SIGNED IN THE PRESENCE OF:

    __________________________ ______________________________

    ACKNOWLEDGMENT

    Republic of the Philippines}


    City of Lipa } S.S.

    BEFORE ME, a Notary Public, for and in the above


    jurisdiction, personally appeared the following:

    NAME GOVERNMENT DATE ISSUED PLACE


    ID ISSUED
    Irene Joy A.
    Mendoza-Ulep
    Michelle Mae
    V. Lopez

    Known to me as the same persons who executed the foregoing


    instrument, and they acknowledge to me that the same is their free,
    voluntary act and deed.

    This instrument consisting of three (3) pages, including the


    page on which this acknowledgement is written, has been signed on
    the left margin of each and every page thereof by the parties and
    their instrumental witnesses, and sealed with my consular 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 2021

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