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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale, made and entered this __day of


___________ in City of _________________, by and between:

___________________________, of legal age, Filipino, married


and with postal address at _________________________,
hereinafter referred to as the VENDOR;

-in favor of-

__________________________ , of legal age, Filipino, and with


postal address at _______________________________,
hereinafter referred to as the VENDEES;

WITNESSETH:

WHEREAS, the VENDOR is the registered owner of certain real


property situated at _________________, Municipality of ____________
covered by Transfer Certificate of Title No. ___________ issued by the
Register of Deeds of ______________ and more particularly described as
follows:

TCT NO. _________

WHEREAS, the VENDEES are desirous to acquire the afore-


described property and the VENDOR agrees;
NOW, THEREFORE, for and in consideration of the foregoing
premises and specifically the sum of _________________________________
(P___________) PESOS, Philippine Currency, receipt of which is hereby
acknowledged by the VENDOR from the VENDEES, the said VENDOR
has sold, transferred and conveyed unto said VENDEES, their heirs,
successors and assigns the afore-described real property free from all
liens and encumbrances.

It shall be understood that VENDORS shall pay for the capital


gains tax and documentary stamp tax due by reason of this sale while
the VENDEE shall pay for the transfer and registration fees.

IN WITNESS WHEREOF, the parties hereto have signed this


present on this ___ day of ________________.

_____________________ ______________________
Vendor Vendee

SIGNED IN THE PRESENCE OF:

______________________ _______________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF )

BEFORE ME, a Notary Public for and in the City of _________


personally appeared the following persons:

NAME PASSPORT NO. ISSUED ON/AT

known to me and to me known to be the same persons who executed the


foregoing instrument and acknowledged to me that the same is their free
act and deed.

WITNESS MY HAND AND SEAL on the date and place above


written.

NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No._____;
Series of _____.

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