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Deed of Conditional Sale Lot Template

This document is a deed of conditional sale between a vendor and vendee for a parcel of land. It describes the property being sold using the transfer certificate of title number and measurements. It states that the vendor agrees to sell the property to the vendee for 700,000 pesos, with 50,000 pesos already paid as down payment and the remaining 650,000 pesos due upon the vendee obtaining a loan. It is signed and acknowledged by both parties with witnesses.

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Kenny Serrano
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191 views2 pages

Deed of Conditional Sale Lot Template

This document is a deed of conditional sale between a vendor and vendee for a parcel of land. It describes the property being sold using the transfer certificate of title number and measurements. It states that the vendor agrees to sell the property to the vendee for 700,000 pesos, with 50,000 pesos already paid as down payment and the remaining 650,000 pesos due upon the vendee obtaining a loan. It is signed and acknowledged by both parties with witnesses.

Uploaded by

Kenny Serrano
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:

I ___________________________, of legal age/s, single, Filipino, and


resident/s of _________________________________________________
hereinafter referred to as the VENDOR/S:

And

I ___________________________, of legal age/s, married, Filipino and


resident/s of __________________________________________________
hereinafter referred to as the VENDEE/S.

That the VENDORS are true and registered owners of a certain parcel of
land including all the improvements thereon more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. __________________

“A PARCEL OF LAND (Lot 5 of the consolidation subdivision plan PCS-


being a portion of consolidated lot PCN- & lot 76- LRC Rec. No. ), situated in the
Barrio of , City of. Bounded on the NE., Along line 1-2 by lot 6; on the SE., along
line 2-3 by lot 10 (road); on the SW., along line 3-4 by lot 4 all of the consolidation
subdivision plan; on the NW., along line 4-1 by lot 76-F, PSD-. Beginning at the
point marked “1” on plan being S. 74 deg. 34’E., .10 m. from BBM No. 21, cadaster.
Thence S. 4 deg. 3’E., 2.1 m. to the point 2; thence S. 4 deg. 0’W., 9.00 m. to point
3; thence N. 2 deg. 3’W., 20.91 m. to point 4; thence N. 7 deg. 0’E., 9.00 m. to the
point of beginning; containing an area of one hundred eighty eight (18) square
meters. All points referred to are indicated on the plan and are marked on the ground
by P.S. Cyl. Conc. Mons. 15x40 cms. Bearing true; date of original survey Jan.-July
1916 and that of the subdivision survey May 5, 2005 and was approved on June 01,
2005.

That the VENDORS agree to sell the said property to the VENDEES under
the following conditions;

1. That the VENDEES shall pay as purchase price the amount of Seven
Hundred Thousand Pesos Only (P 700,000.00 ).
2. That the VENDEES have already paid the amount of Fifty Thousand
Pesos (P 50,000.00 ).
3. That the VENDORS agree to execute the final Deed of Sale upon
payment of the remaining balance which is Six Hundred Fifty
Thousand Pesos ( P 650,000.00 ) after the release of the Loan to be
applied for the by the VENDEE.

IN WITNESS WHEREOF, I have hereunto set my hands this ______ day of


_______________________ at ___________________________.

________________________________ ____________________________
VENDOR VENDEE

With marital consent: With marital consent:

________________________________ ___________________________
SPOUSE SPOUSE
SIGNED IN THE PRESENCE OF:

____________________________ __________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY / PROVINCE OF____________) S.S.

BEFORE ME, This ____ day of _________________, 20___ in


_________________, personally appeared:

BORROWER RES. CERT. NO/ DATE/PLACE ISSUED TIN


PASSPORT NO.
_____________ __________/_____________ _______________
Principal

_____________ __________/_____________ _______________


Marital Consent

____________________ _____________ __________/_____________ _______________


Attorney-In-Fact

known to me to be the same persons who executed the foregoing instrument and
acknowledgement to me that the same is their own, free, voluntary act and deed.

WITNESS MY HAND AND SEAL, on this date, year and place above written.

Notary Public

Doc. No. _________


Page No. _________
Book No._________
Series of _________

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