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This Deed of Absolute Sale, made and entered into this January 29, 2014 at
Mandaluyong City, Philippines, by and between:
MARCOS AND ASSOCIATES, with office address at Suite 1234 Tower One & Exchange
Plaza, Ayala Triangle, Ayala Avenue, Makati City, represented in this act by the sole
partners ATTY. RAMON MARCOS and ATTY. JUAN MARCOS, hereinafter referred to
as the “SELLERS”
– and –
PAOLO DISNAR, of legal age, Filipino, with residence at Unit 5432 Hibiscus Tower,
Tivoli Garden Residences, Brgy. Hulo, Mandaluyong City, hereinafter referred to as the
“BUYER”
WITNESSETH: that-
WHEREAS, the SELLERS is the legal registered owner of Unit 1234 Bauhinia Tower,
Tivoli Garden Residences, located at the Mandaluyong City, covered by Condominium
Certificate of Title No. 8555 issued by the Register of Deeds of Mandaluyong City
(hereinafter referred to as the “PROPERTY”), more particularly described as follows:
“Unit 1234 Bauhinia Tower, Tivoli Garden Residences, Brgy. Hulo Mandaluyong City,
with a total area of 32 sq. meters”.
WHEREAS, the SELLERS wishes to sell and the BUYER has agreed to purchase
the PROPERTY free from all liens and encumbrances of any kind and nature;
NOW, THEREFORE, for and in consideration of the foregoing premises and more
particularly for the price of THREE MILLION PESOS (PHP3,000,000.00), Philippine
Currency, the receipt whereof is hereby acknowledged from the BUYER to the entire
satisfaction of the SELLERS, the said SELLERS does hereby sell, transfer and convey in
a manner absolute and irrevocable unto the said BUYER, their heirs and assigns,
the said PROPERTY including all the rights and interests in the common areas,
and the interests in the condominium corporation appurtenant to such PROPERTY, and
subject further to:
The payment of the capital gains tax due on the sale of the Property shall be for the sole
account of the SELLERS. The documentary stamp taxes on the sale of the Property from
the SELLERS to the BUYER, transfer tax and the expenses for registration of the
Property in the name of the BUYER shall be for the sole account of the BUYER.
IN WITNESS HEREOF, we have hereunto set our hands on the date and at the place
first indicated above.
Sellers Buyer
By:
Partner
ATTY. JUAN MARCOS
Partner
_______________________ _______________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the above-indicated locality, on this January
29, 2014 personally appeared:
ATTY. RAMON
ATTY. JUAN
I HEREBY CERTIFY that this instrument which consists of four (4) pages, including this
page whereon this Acknowledgement is written, have been signed by the parties and
their instrumental witnesses on the appropriate spaces on page two (2) and on the left
margin of the other pages, and refers to the Deed of Absolute Sale covering one
condominium unit located at Unit 1234 Bauhinia Tower, Tivoli Garden Residences,
Brgy. Hulo, Mandaluyong City, Philippines and covered by Condominium Certificate of
Title Nos. 85306 and 85307, issued by the Register of Deeds of Mandaluyong City
WITNESS MY HAND AND SEAL on the date and at the place first above-written.
Series of ______.