Form No.

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Sample Deed of Sale of Condominium Unit
DEED OF SALE OF CONDOMINIUM UNIT
KNOW ALL MEN BY THESE PRESENTS:
by:

This DEED, made and executed this ____________________ at _____________________,

_______________, single, Filipino, of legal age, with residence and

postal address at _________________, represented herein by his Attorney-inFact, ____________________, by virtue of the Special Power of Attorney hereto
attached as Annex A, hereinafter referred to as the VENDOR,
IN FAVOR OF:
_________________, single, Filipino, of legal age, with residence and
postal address at ________________________, hereinafter referred to as the
VENDEE,
W I T N E S S E T H : THAT.
WHEREAS, VENDOR is the legal and registered owner of Pacific Plaza Ayala
Condominium Unit No. _______ located at Ayala Avenue, Makati City, Philippines,
containing a floor area of TWO HUNDRED EIGHT FIVE (285) SQUARE METERS, more or
less, and two (2) assigned parking slots known as ______ and _____ Basement 1-B covered
by Condominium Certificate of Title No. __________ of the Registry of Deeds for Makati
City, photocopy of which is hereto attached and made an integral part hereof as Annex
B;
WHEREAS, the Pacific Plaza Ayala Condominium Corporation was duly organized
in accordance with law for purpose of holding title to all common areas of the Pacific Plaza
Ayala Condominium, including the land, and is in charge of managing and administering
the Pacific Plaza Ayala Condominium;
WHEREAS, VENDEE offered to buy and the VENDOR agreed to sell the said
condominium unit as well as any and all rights and interest appertaining thereto under
the Master Deed with Declaration of Restriction (the Master Deed), as amended, the
Articles of Incorporation and the By-Laws of the Condominium Corporation;
NOW, THEREFORE, for and in consideration of the foregoing premises and
subject to the terms and conditions herein set forth, the VENDEE buys and the VENDOR
sells, transfers and conveys, by way of absolute sale, unto the VENDEE, her successors
and assigns, the said condominium unit as well as any all rights and interest appertaining
thereto under the Master Deed, as amended, the Articles of Incorporation and By-Laws of
the Condominium Corporation.
1.
The purchase price for the said condominium unit and two (2) assigned
parking slots shall be PHILIPPINE PESOS ------------------------------------, receipt of which
in full is hereby acknowledged by the VENDOR.
2.
VENDOR warrants that the title to the said condominium unit is free and
clear of any and all liens and encumbrances, except the restrictions contained in the
Master Deed, as amended, as annotated and inscribed at the back of Condominium
Certificate of Title No. ________.

3.
VENDEE accepts and binds herself to all conditions and restrictions
embodied in the Mater Deed, as amended, the Articles of Incorporation and By-Laws of
the Condominium Corporation, and agrees to faithfully observe and comply with the
House Rules and Regulations of the Condominium Corporation and any amendment or
supplement thereto.
4.
The capital gains tax, documentary stamps tax, value-added tax (VAT), if
any, brokers commission, registration fee, legal and notarial fee and other incidental
expenses in the registration of the sale and title transfer shall be for the account of the
VENDEE.
IN WITNESS WHEREOF, the parties hereto have hereunto set their hands on the
date and at the place herein first above-written.

__________________________

_______________________________
By:

______________________________
Attorney-in-Fact
Signed in the presence of :
_______________________

___________________________

ACKNOWLEDGMENT