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Sample Deed of Sale

This document is a deed of conditional sale between a vendor and vendee for a property. The vendor owns a property located in [LOCATION] containing [AREA] square meters, identified as Lot No. [NUMBER] and covered by Transfer Certificate of Title No. [NUMBER]. The vendor agrees to sell the property to the vendee for [TOTAL CONSIDERATION] Philippine pesos. On the date of execution, the vendee will pay the vendor. The sale and purchase will absolutely and irrevocably transfer ownership of the property to the vendee. The vendor warrants that the property is free of all liens and encumbrances.

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346 views2 pages

Sample Deed of Sale

This document is a deed of conditional sale between a vendor and vendee for a property. The vendor owns a property located in [LOCATION] containing [AREA] square meters, identified as Lot No. [NUMBER] and covered by Transfer Certificate of Title No. [NUMBER]. The vendor agrees to sell the property to the vendee for [TOTAL CONSIDERATION] Philippine pesos. On the date of execution, the vendee will pay the vendor. The sale and purchase will absolutely and irrevocably transfer ownership of the property to the vendee. The vendor warrants that the property is free of all liens and encumbrances.

Uploaded by

Rey Bicol
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed, made and executed by and between __________ of legal age, Filipino,
married to with residence at _______________

referred to as VENDOR and _________________ of legal age, Filipino, married to


_______, and with residence at __________ Philippines, hereinafter referred to as
VENDEE);

WITNESSETH: THAT --

WHEREAS, the VENDOR is the absolute owner in fee simple of ______________,


located in ________________, containing an area of _____________ SQUARE
METERS, identified as Lot No. ________ and covered by Transfer Certificates of Title
No. ________ of the Registry of Deeds of
________, a photocopy of which is attached and made an integral part hereof as Annex
“A” (hereinafter referred to as PROPERTY);

WHEREAS, the VENDOR is willing to sell the said property to the VENDEES, who
are willing to buy the same for a total consideration of P ________________, Philippine
currency.

NOW, THEREFORE, for and in consideration of the foregoing premises and of the
stipulations hereinafter provided, the parties hereto agree as follows, to wit:

On the date of the execution of this deed of conditional sale, the Vendee shall pay the
Vendor

Section 1. Absolute Sale and Purchase


a. SALE AND PURCHASE - For and in consideration of the Purchase Price received by
the VENDOR, said VENDOR does hereby absolutely and irrevocably SELL,
TRANSFER and CONVEY to the VENDEE, its administrators or assigns, and VENDEE
does hereby PURCHASE from the VENDOR in
consideration of the latter’s covenants, representations and warranties, the PROPERTY
together with all
the rights, titles and interests of the VENDOR over and in the said PROPERTY. b.
CONSIDERATION - The Purchase Price for the sale to the VENDEE of the PROPERTY
is _________________________ PESOS, Philippine currency, receipt of which is hereby
acknowledged by the VENDOR to his entire satisfaction.
Section 2. REPRESENTATIONS AND WARRANTIES
a. The VENDOR hereby warrants that the PROPERTY is, and shall continue to be,
free and clear of all liens and encumbrances or claims whatsoever and, is and shall
continue to be, not subject to any claim, set-off, easement or defense which will prevent
the BUYER from obtaining full and absolute ownership in fee simple over the
PROPERTY and full possession of the same. b. The PROPERTY is not involved in
any pending or threatened litigation or case brought before a court or any administrative
body. IN WITNESS WHEREOF, the parties hereto have hereunto affixed their
signatures on the date and at the place first above written. (TIN: ) VENDOR
Marital Consent: (TIN: )

VENDEE SIGNED IN THE PRESENCE OF: ________________________________


________________________________

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