|SAMPLE LEGAL FORM||DEED OF ABSOLUTE SALE|
DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
(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
(NAME OF BUYER), Filipino and with residence and postal address at (Address of Buyer), hereinafter referred to as the BUYER.
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 __ Blk ___ of consolidation subdivision plan (LRC) Pcs-_______, being a portion of the consolidation of Lots _____ and _____ (LRC) Psd-____, Lot __, Psd-_____, Lot _, Psd-_____, LRC Rec. Nos. Nos. N-_____, ______, ______, N-_____, N-____, and _____ situated in the ___________________, Prov of Rizal, Is. of Luzon. Bounded on NE., point _ to _ by Road Lot ___, on...to the point of beginning; containing an area of (____) 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)
WITH MARITAL CONSENT:
SIGNED IN THE PRESENCE OF:
Name CTC Number Date/Place Issued
(Name of Seller) ______________ ___________________
(Name of Buyer) ______________ ___________________
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_______________.
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