DEED OF ABSOLUTE SALE

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First found Mar 14, 2016

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DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
This Deed of Absolute Sale, made and entered this ____________________ [DATE], in
_______________________________[LOCATION] by and between:
_______________________________[NAME OF SELLER], of legal age,
_____________[NATIONALITY], married, and with postal address at
____________________________________________[ADDRESS OF THE SELLER],
hereinafter referred to as the “SELLER”;
-and_______________________________[NAME OF BUYER], of legal age,
_____________[NATIONALITY],
with
residence
address
at
____________________________________________[ADDRESS OF THE BUYER],
hereinafter referred to as the “BUYER.”
WITNESSETH:
WHEREAS, the SELLER is the registered lawful and actual possessor of a certain parcel
of land situated in _______________________________________________[CITY OR
MUNICIPALITY AND PROVINCE WHERE PROPERTY IS LOCATED], and
more particularly described and bounded as follows:
TCT No. ____________
________________________________________________________________________
_________________________[COMPLETE DESCRIPTION OF PROPERTY]
WHEREAS, the SELLER is willing to sell and the BUYER is willing to buy the abovedescribed real estate property;
NOW, THEREFORE, for and in consideration of the amount of
______________________________________________________________[SELLING
PRICE
OF
PROPERTY
SPELLED
OUT]
______________________________________________________________[SELLING
PRICE OF PROPERTY IN SYMBOLS], Philippine Currency, receipt in full is hereby
acknowledged by the SELLER to her satisfaction, the SELLER SELLS, CEDES,
TRANSFERS and CONVEYS in a manner that is absolute and irrevocable the above real
property unto the BUYER, his heirs, assigns and successors-in-interest.
The SELLER warrants that she can transfer the title and possession of the aforesaid real
estate property to the BUYER and that there are no other transactions pending
registration
with
the
Registry
of
Deeds
in
_______________________________[REGISTRY OF DEEDS OFFICE WITH
JURISDICTION OVER THE AREA WHERE THE PROPERTY IS LOCATED]
that will adversely affect the rights of the BUYER.
THAT any and all expenses incidental to the registration and conveyance of the title from
the name of the SELLER to the name of the BUYER such as Transfer Tax, Documentary
Tax, registration expenses and the like shall be the sole and exclusive account of the
BUYER: provided, that capital gains tax shall be for the account of the SELLER.
IN WITNESS WHEREOF, the parties have hereunto signed this DEED OF ABSOLUTE
SALE this ______________________[DATE] at the date and place first above
mentioned.
COMPLETE NAME OF SELLER
Seller Buyer
TIN No.:
Signed in the presence of:
___________________________ __________________________
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