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This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and
between:
-AND-
WITNESSETH;
WHEREAS, the VENDOR is the absolute and registered owner of a parcel of land consisting of
LAND AREA IN WORDS (000) square meters, more or less, located at (Address of property to
be sold) and covered by Transfer Certificate of Title No. (TCT Number) issued by the Registry
of Deeds of (Name of Town or City) (NOTE: This clause can be changed depending on the subject
matter);
WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell the above
mentioned property under the terms and conditions herein below set forth;
c) In case the check representing the payment for the balance provided in paragraph b
hereof, is dishonored by the drawee bank, the earnest money in the amount of
______________________________ (PhP), shall be forfeited in favor of the VENDOR.
2. Capital Gains Tax, Real Estate Tax and all other taxes, shall be for the account of the
VENDOR;
3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the VENDEE;
4. Possession to the subject property shall be delivered by the VENDOR to the VENDEE upon
full payment of the total consideration;
5. Upon full payment of the total price, the VENDOR shall sign and execute a DEED OF
ABSOLUTE SALE in favor of the VENDEE. The VENDOR shall likewise execute and/or deliver
any and all documents, including but not limited to the original copy of Transfer Certificate of Title,
Tax Declaration and all other documents necessary for the transfer of ownership from VENDOR
to the VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
____________, 20__ at _________________________, Philippines.
________________________ ________________________
VENDOR’S NAME VENDEE’S NAME
________________________
Name of Vendee’s Spouse
________________________
Name of Vendee’s Spouse
__________________________ ____________________________
ACKNOWLEDGEMENT
BEFORE ME this __________ day of ______ 2013 at Cebu City, Philippines, personally
appeared the following persons, who are identified by me through competent evidence of identity:
known to me and to me made known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their own free voluntary act and deed.
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This instrument refers to a CONTRACT TO SELL consisting of ___ (__) pages including this page
on which the acknowledgment is written and duly signed by the parties and their instrumental
witnesses.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written.
NOTARY PUBLIC
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