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Contract To Sell
Contract To Sell
Contract To Sell
This CONTRACT TO SELL, made and executed this 3rd day of June, 2019 by and between:
FELIZA L. EFONDO, of legal age, single/married to DENNIS C. EFONDO, Filipino, and with
residence and postal address at BLK 95 LT 8 PH 6 SOUTH FAIRWAY, BRGY. LANDAYAN,
SAN PEDRO, LAGUNA, hereinafter referred to as the "SELLER/VENDOR";
-AND-
ANTHONY F. FABRERO, Filipino and with residence and postal address at B4A LOT 5
RANCHO IMPERIAL SUBD., TARTARIA SILANG, CAVITE, hereinafter referred to as
the "BUYER/VENDEE".
WITNESSETH;
WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of land
consisting of FOURTY-FIVE (45) square meters, more or less, located B4A LOT 5 RANCHO
IMPERIAL SUBD., TARTARIA SILANG, CAVITE and covered by Transfer Certificate of
Title No. 18958 issued by the Registry of Deeds, Province of Tagaytay, Cavite City;
WHEREAS, the BUYER/VENDEE would like to avail the said property through PAG-IBIG;
1. The BUYER/VENDEE shall apply or a house and lot purchase loan with PAG-
IBIG in the amount of EIGHT HUNDRED FIFTY THOUSAND PHILIPPINE
PESOS (PHP 850,000) to pay the SELLER/VENDOR for the house and lot. The
proceeds/check of the PAG-IBIG loan shall be paid to and in the name of
SELLER/VENDOR;
2. For the purposes of the loan, the SELLER/VENDOR shall allow the transfer of
the title in the name of the BUYER/VENDEE, but only after the issuance of a
letter of guarantee from PAG-IBIG;
3. The property is sold in “as is -where is” condition, where the SELLER/VENDOR
is not responsible for any repairs after the agreement has been signed by all
parties.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
____________, 20__ at _________________________, Philippines.
(SELLER/VENDOR) (BUYER/VENDEE)
Feliza L. Efondo Anthony F. Fabrero
________________________
Dennis C. Efondo
ACKNOWLEDGEMENT
____________________________) S.S.
This instrument, consisting of ___ page/s, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.