Categories
Legal Forms

Earnest Money Receipt Agreement

Earnest Money Receipt Agreement

Received from (Name of Buyer) with postal address at (Address), the sum of  (Amount in Words) (P 000,000.00) covered by ABC Bank, check # 00000000 dated January 1, 20__ representing EARNEST MONEY for payment of a Three-Story house and lot located at (Address of Property) covered by T.C.T. No. T-00000.
 
This EARNEST MONEY forms part of the purchase price of (Amount in words) (P 0,000,000.00). The balance and full payment shall be paid on or before __________________.
 
The BUYER hereby reserves the exclusive right to purchase the aforementioned property and the SELLER cannot offer the aforementioned property to any third party until _____________________.
 
Upon full payment, the SELLER shall execute a DEED OF ABSOLUTE SALE in favor of the BUYER, conveying the subject property with full warranty of a legal and valid title as provided by law, free and clear from any liens and encumbrances.
 
Upon execution of the DEED OF ABSOLUTE SALE, the SELLER shall undertake the payment of the Capital Gains Tax. The BUYER shall shoulder the payment of the Documentary Stamps Tax, Transfer Tax, Registration Fee and all other expenses to transfer the title of the property under his name.
 
In case of voluntary cancellation of this agreement by the BUYER without any cause on the part of the SELLER or if the BUYER fails to comply with his obligations mentioned, then the SELLER shall have the right to terminate this agreement in which case the EARNEST MONEY in the amount of (Amount in words) (P 000,000.00) shall be forfeited in favor of the SELLER as liquidated damages.
 
 
January 1, 20_____
 
 
       (SELLER)                               (BUYER)              
Signature over Printed Name         Signature over Printed Name
Categories
Legal Forms

Deed of Assignment and Transfer of Rights

Deed of Assignment and Transfer of Rights

KNOW ALL MEN BY THIS PRESENTS:
 
        This deed, made and entered into this ___ day of __________, 20__ at the City of Manila, by and between:
 
(Name), Filipino Citizen, of legal age, married to Juanita de la Cruz with residence and postal address at (Address), hereinafter referred to as the "ASSIGNOR"
 
                              -and-
 
(Name), Filipino Citizen, of legal age, married to Patricia San Juan with residence and postal address at (Address), hereinafter referred to as the "ASSIGNEE".
 
                         WITNESSETH that -
 
        WHEREAS the ASSIGNOR is the buyer of a 1-bedroom unit, located at 17F, Mirage Towers Condominium, E. Rodriguez Avenue, Quezon City, with an area of THRITY EIGHT (38) SQUARE METERS more or less, covered by Condominium Certificate Title No. ______ of the register of Deeds of Quezon City, registered in the name of the Bank of the Commerce;
 
        WHEREAS, the ASSIGNOR has offered to assign all his rights, title and interest over the above unit, as referred in said Contract to Sell and the ASSIGNEE hereby accepts the assignment in accordance with the terms herein set forth;
 
        NOW, THEREFORE, for and in consideration of the foregoing premises and the sum of TWO MILLION PESOS (2,000,000.00), PHILIPPINE CURRENCY, which the ASSIGNOR hereby acknowledged to have received from the ASSIGNEE, the ASSIGNOR hereby assigns, transfers and conveys unto the ASSIGNEE, all his rights, title and interest to the aforementioned property and and appurtenant interest in the Condominium project pursuant to this Agreement and the ASSIGNEE by these presents hereby accepts the assignment and agrees to be bound by the terms and conditions of the Contract to Sell and the rules and regulations, and restrictions pertaining to the said unit.
 
IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first above written.
 
 
 
         (Name)                              (Name)
        ASSIGNOR                            ASSIGNEE   
 
                   Signed in the presence of:
 
 
       __________________________      ___________________________
 


                           ACKNOWLEDGEMENT
 
Republic of the Philippines)
______________________) S.S
 
BEFORE ME, a notary for and in the City of Manila, personally appeared:
 
   Name            CTC Number            Date/Place Issued    
(Name)          00000000          February 18, 20__ / Quezon City
(Name)          00000000          February 27, 20__ / Makati
 
known to me and to me known to be the same persons who executed the foregoing Deed of Assignment and transfer of Rights and acknowledged to me that the same is their free and voluntary act and deed.
 
WITNESS MY HAND AND SEAL, on the date and place first above written.
 
 
                                                      Notary Public

Doc.  No.______;
Page No. ______;
Book No.______;
Series of 20____.

Categories
Legal Forms

Deed of Donation

Deed of Donation

KNOW ALL MEN BY THESE PRESENTS:

That I, ________________________of legal age, single / married to _______________________ with postal address at ____________________ hereinafter referred to as the DONOR, and _______________________, likewise of legal age, single / married to __________________________ with postal address at _________________________________ hereinafter called the DONEE, witnesseth:


That the DONOR is the registered owner of a parcel of land, more particularly described as follows:
(Insert description of property to be donated)


That the DONEE is a cousin of the DONOR, who has lovingly dedicated five (5) years of his life as the latter's personal caregiver and companion;


That FOR AND IN CONSIDERATION of the DONEE'S trust, devotion and affection shown to the DONOR, and as an act of gratitude and liberality on his part, the DONOR hereby voluntarily GIVES, TRANSFERS, and CONVEYS by way of donation, unto the said DONEE, his heirs and assigns, the above described property, together with all the improvements found thereon, free from all liens and encumbrances;
 
That the DONOR affirms that this donation is not made with intent to deceive his creditors, and that he has reserved for himself sufficient funds and property;


That the DONEE hereby accepts and receives this donation made in his favor by the DONOR, and hereby manifests his gratefulness for the latter's generosity.


IN WITNESS WHEREOF, both the DONOR & DONEE have hereunder subscribed their names this __________ day of __________________ 20__ at _____________________, Philippines.
 
 
       _________________________           ________________________
                DONOR                                DONEE
 
WITNESSES:
 
       _________________________           ________________________
 
 
                             ACKNOWLEDGEMENT
 
Republic of the Philippines)
______________________) S.S
 
BEFORE ME, a notary for and in the City of Makati, personally appeared:
 
Name                CTC Number             Date/Place Issued    
 
(Donee)             00000000               June 28, 20__ / Malabon City
 
known to me and to me known to be the same persons who executed the foregoing Deed of Donation and acknowledged to me that the same is their free and voluntary act and deed.
 
WITNESS MY HAND AND SEAL, on the date and place first above written.
 
 
                                                   Notary Public

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

Categories
Legal Forms

Deed of Sale with Pacto De Retro

DEED OF SALE WITH PACTO DE RETRO

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale with Pacto de Retro is made and executed by:

         (NAME OF SELLER), of legal age, single/married to (Name of spouse if any), Filipino, and with residence at (Address of Seller) hereinafter referred to as the SELLER;

                                 AND

(NAME OF BUYER), Filipino and with residence and postal address at (Address of Buyer), hereinafter referred to as the BUYER.


                            WITNESSETH; 
 
       WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at (Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT Number) containing a total area of (Land Area of Property in Words) (000) SQUARE METERS, more or less, and more particularly described as follows:
 
                  TRANSFER CERTIFICATE OF TITLE NO. 0000
 
       "(Insert the  technical description of the property on the title) Example: A PARCEL OF LAND (Lot 2 Blk 15 of consolidation subdivision plan (LRC) Pcs-0000, being a portion of the consolidation of Lots 0000-A and 0000-B (LRC) Psd-0000,  Lot 3, Psd-0000, Lot 1, Psd-0000, LRC Rec. Nos. Nos. N-27024, 0000, 0000, N-0000, N-0000, and 0000 situated in the Bo. of San Andres, City of Kabankalan,  Prov of Negros, Is. of Visayas. Bounded on NE., point 3 to 1 by Road Lot 2, on...to the point of beginning; containing an area of (300) square meters more or less..."

      THAT the SELLER, for and in consideration of the amount of TWO MILLION PESOS (P2,00,000.00), Philippine Currency, receipt in full is hereby acknowledged by her  to her satisfaction, hereby SELL,  TRANSFER and CONVEY under PACTO DE RETRO unto said BUYER, his heirs and assigns, the above described property with all the buildings and improvement thereon, free from liens and encumbrances whatsoever;

     THAT the SELLER, in executing this conveyance, hereby reserves the right to REPURCHASE, and the BUYER, in accepting the same, hereby obligates himself to RESELL the property herein conveyed within a period of five (5) years from and after the date of this instrument for the same price of TWO MILLION PESOS (P2,00,000.00), Philippine Currency: Provided however, that if the SELLER fails to exercise her right to repurchase as herein granted within the period stipulated, then this conveyance shall become absolute and irrevocable, without the necessity of drawing up a new deed of absolute sale, subject to the requirements of the law regarding consolidation of ownership of real property.


   (NAME OF SELLER)               (NAME OF BUYER)
       Seller                         Buyer

WITH MARITAL CONSENT:
_____________________             ____________________
Name of Seller's Spouse          Name of Buyer's Spouse

 

                    SIGNED IN THE PRESENCE OF:
 
_______________________               _________________________


                       ACKNOWLEDGMENT


REPUBLIC OF THE PHILIPPINES)
_____________________________ )  SS.

BEFORE ME, a Notary Public for and in the City of ___________________,  personally appeared:
 
Name                   CTC Number   Date/Place Issued   
 
(Name of Seller)       00000000     June 18, 20__ / Kabankalan City
(Name of Buyer)        00000000     June 3, 20__ / Bacolod City           
 
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 (__) 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__.
Categories
Legal Forms

Deed of Absolute Sale

Deed of Absolute Sale

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:
 
        (NAME OF SELLER), of legal age, single/married to (Name of spouse if any), Filipino, and with residence and postal address at (Address of Seller), hereinafter referred to as the SELLER;

 
                               -AND-
 
       (NAME OF BUYER), Filipino and with residence and postal address at (Address of Buyer), hereinafter referred to as the BUYER.
 
                              WITNESSETH; 
 
       WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at (Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT Number) containing a total area of (Land Area of Property in Words) (000) SQUARE METERS, more or less, and more particularly described as follows:
 
                  TRANSFER CERTIFICATE OF TITLE NO. 0000
 
       "(Insert the  technical description of the property on the title) Example: A PARCEL OF LAND (Lot 20 Blk 54 of consolidation subdivision plan (LRC) Pcs-13265, being a portion of the consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533,  Lot 3, Psd-100703, Lot 1, Psd-150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782, N-13466, and 21071 situated in the Bo. of San Donisio, Mun of Paranaque,  Prov of Rizal, Is. of Luzon. Bounded on NE., point 4 to 1 by Road Lot 22, on...to the point of beginning; containing an area of (280) square meters more or less..."
 
       WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned property for the amount of (Amount in words) (P 000,000.00) Philippine Currency;
 
       NOW THEREFORE, for and in consideration of the sum of (Amount in words) (P 000,000.00) Philippine Currency, hand paid by the vendee to the vendor, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, his heirs and assigns, the certain parcel of land together with all the improvements found thereon, free from all liens and encumbrances of whatever nature including real estate taxes as of the date of this sale.

 
 (NAME OF SELLER)               (NAME OF BUYER)
      Seller                         Buyer

WITH MARITAL CONSENT:
_____________________             ____________________
Name of Seller's Spouse          Name of Buyer's Spouse

 

                    SIGNED IN THE PRESENCE OF:
 
_______________________               _________________________
 
 
                          ACKNOWLEDGMENT


REPUBLIC OF THE PHILIPPINES)
_____________________________ )  SS.

BEFORE ME, a Notary Public for and in the City of ___________________,  personally appeared:
 
Name                     CTC Number   Date/Place Issued   
 
(Name of Seller)         00000000     June 18, 20__ / Bago City
(Name of Buyer)          00000000     June 3, 20__ / Bacolod City           
 
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 (__) 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__.