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Affidavit of Consolidation of Ownership

AFFIDAVIT OF CONSOLIDATION OF OWNERSHIP

REPUBLIC OF THE PHILIPPINES)
                           ) S.S.

       I, (Name), of legal age, Filipino, married and a resident of (Address), after having been duly sworn to in accordance with law, depose and state:

That in the public auction conducted by the City Sheriff of Makati City on (Date) pursuant to the provisions of Act No. 3135 as amended, the undersigned affiant became the purchaser of a certain foreclosed property with all its improvements, more particularly described as follows:

                        TCT No. T-0000

     A PARCEL OF LAND (Lot 00 of the consolidation-subdivision plan (LRC) Pcs-0000, being a portion of the consolidation of Lots 3 and 4, Psu-0000 Amd., LRC (GLRO) Rec. No. N-0000), situated in the Dist. Of Samara, Municipality of Aringay, La Union, Island of Luzon. Bounded on the NE., points 5 to 8, by Lot 0; on the S., points 6 to 1 by Lot 30; on the SW., points 4 to 6, by Lot 0; and on the N., points 1 to 2 by Lot 00, all of the consolidation-subdivision plan. Beginning at a pont marked "1" on plan, being N. 4 deg. 28' E., 4312.58 m. from B.L.L.M. No.2, Aringay, La Union 

2. That the said Sheriff sold the above-described property with all the improvements and buildings thereon to the undersigned affiant as the highest bidder for the sum of TWO MILLION PESOS (P2,000,000.00), Philippine Currency;

3. That That a Certificate of Sale at Public Auction was issued by the said Sheriff in favor of the undersigned affiant and the same was duly registered with the Office of the Registry of Deeds of Makati City on (Date) as Entry No. 000 on the aforementioned title; and

4. That a Certificate of Sale at Public Auction was issued by the said Sheriff in favor of the undersigned affiant is proper and in accordance with law.

         WHEREFORE, by failure of the Mortgagor to redeem the said property, I am executing this Affidavit for the purpose of consolidating title and ownership of the above-described property with all the improvements and buildings thereon, as provided for by law, and I am requesting the Office of the Registry of Deeds to register the same and issue a new title in the name of the undersigned affiant.

     IN WITNESS WHEREOF, I have hereunto set my hand this (Date) in (Place), Philippines.
          


	                                            (Name)
                                                    Affiant

    SUBCRIBED AND SWORN TO before me this (Date) in (Place), Philippines by (Name of Affiant) affiant exhibiting to me his Competent Evidence of Identity by way of Passport Identification(ID Number) issued on (Date) in(Place).

                                                     Notary Public

Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 20__. 

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