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Deedofassignment

The document assigns Juanito S. Fabila, Sr.'s ownership rights and title over 10 bars of 99.99% gold weighing 74.6 kilograms each and 10 bars weighing 6.2 kilograms each, valued at Php3,500.00 per gram, to Rizalde C. Perez for Php2,828,000,000.00. The assignment transfers full control and authority over the gold bars to Perez and holds Fabila harmless for any actions Perez takes regarding the property.

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129 views3 pages

Deedofassignment

The document assigns Juanito S. Fabila, Sr.'s ownership rights and title over 10 bars of 99.99% gold weighing 74.6 kilograms each and 10 bars weighing 6.2 kilograms each, valued at Php3,500.00 per gram, to Rizalde C. Perez for Php2,828,000,000.00. The assignment transfers full control and authority over the gold bars to Perez and holds Fabila harmless for any actions Perez takes regarding the property.

Uploaded by

nikkilee02
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Assignment (Deed), made and entered into this


16th of October 2022, at Quezon City, Philippines, by and
between:

JUANITO S. FABILA, SR., of legal age, married, Filipino,


with residence and postal address at Block 7 Lot 6
Violago Subdivision, Bagong Silangan, Quezon City,
hereinafter referred to as “the ASSIGNOR”;

-and-

RIZALDE C. PEREZ, of legal age, Filipino, with residence


and postal address at _________________________
hereinafter referred to as “the ASSIGNEE”;

WITNESSETH that -

WHEREAS the ASSIGNOR is the owner of the following


personal property described to wit:

 Ten (10) bars of 99.99% gold weighing 74.6 kilograms


each, valued at Php3,500.00 per gram

 Ten (10) bars of 99.99% gold weighing 6.2 kilograms


each, valued at Php3,500.00 per gram

WHEREAS, the ASSIGNOR has offered to assign all his rights,


title and interest over the above-stated gold bars, 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 Billion Eight Hundred Twenty
Eight Million PESOS (Php2,828,000,000.00), Philippine
Currency, which the ASSIGNOR hereby acknowledge to have
received from the ASSIGNEE, the ASSIGNOR
hereby ASSIGNS, TRANSFER and CONVEYS unto the
ASSIGNEE, all his rights, title and interest to the
aforementioned personal property and and appurtenant
interest and civil fruits in the said personal property pursuant
to this Deed.

The ASSIGNEE by these presents hereby accepts the


assignment and agrees to be bound by the terms and
conditions of this Deed and the rules and regulations, and
restrictions pertaining to the said personal property, it being
understood The ASSIGNEE shall have the full and absolute
control of said personal property and by virtue of this Deed is
fully authorized and empowered to enter into any legal
transactions, sign and/or execute documents involving the
said real property.
Except for gross negligence or conduct amounting to fraud,
the ASSIGNOR hereby undertakes to hold the ASSIGNEE free
and harmless from liability for any action taken on the basis of
and within the framework of this power of attorney, and
hereby ratifies and confirms all that the ASSIGNEE may do or
cause to be done pursuant thereto and hereto.
IN WITNESS WHEREOF, the parties have hereunto set their
hands on the date and place first above written.

JUANITO S. FABILA, SR. RIZALDE C. PEREZ


Assignor Assignee

With my marital consent: (NAME OF SPOUSE)

Witnesses:

__________________________ ___________________________

ACKNOWLEDGEMENT

Republic of the Philippines )


City of ______________ ) S.S.

BEFORE ME, a notary for and in the City of Manila, personally


appeared:

Name ID Number Date/Place Issued

__________________________________________________________
__________________________________________________________

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.

Doc. No. ______;


Page No. ______;
Book No. ______;
Series of _______.

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