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:
1. That I am the registered owner of a parcel of land situated at (Address of Property) containing an area of FIFTY THOUSAND (50,000) square meters, more or less, covered by Transfer Certificate of Title No. ______ of the Register of Deeds of ____________;
2. That I hereby state that the above-mentioned property has no existing improvements of whatever kind and nature and it remained idle up to the present;
3. That I am executing this affidavit to attest to the truth of the foregoing facts and for whatever legal intents and purposes that it may serve;
IN WITNESS WHEREOF, I have hereunto set my hand this 17th day of August 2020 in Bacolod City, Philippines.
(Name)Affiant
SUBCRIBED AND SWORN TO before me this 17th day of August 2020 in Bacolod City, Philippines, affiant exhibiting to me his Competent Evidence of Identity by way of Passport Identification Card No. 54321 issued on January 7, 2018 in Manila.
Notary Public
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 20__.
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
When working remotely for a client or sending money to your family back home, you have probably tried to set up a Paypal account.
Usually transacting in Paypal they ask for bank codes when you are adding your bank account, receiving money, and withdrawing funds from your PayPal account to your local bank account.
WHAT IS A BANK CODE?
A bank code or Bank Routing Symbol Transit Number (BRSTN) is a nine-digit code assigned to a bank used for identifying its name, city, and country. It’s a mix of numbers designated to each bank for identification in the financial transaction.
WHAT IS THE PURPOSE BANK CODE?
It is used as the standard for banks as an identifier for sending and receiving money in the Philippines.
Whenever you are sending and receiving money from overseas from family, friends, and clients, transacting with money remittance and wire transfer; you will need to know your bank’s SWIFT code.
WHAT IS SWIFT CODE?
SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. It is an international code used by financial institutions worldwide.
WHAT IS THE PURPOSE OF SWIFT CODE?
It is to confirm that the transaction between banks is safe and secure.
Also known as BIC (Business Identifier Code), BIC code, SWIFT-BIC, or SWIFT ID.
SWIFT Code contains eight to 11 characters format:
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____.