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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:


This Deed of Absolute Sale, made and entered into this ________ day of
________, 2019 at Quezon City, by and between:

SPOUSES JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN


MENDOZA , both of legal age, Filipinos, with residence and postal address at
No. 15 General Luis St., Novaliches, Quezon City , hereinafter referred to as the
“VENDORS”;
- AND-

ALAN HERNANDEZ LIM, of legal age, Filipino, single , with residence and postal
address in Brgy. Mahogany, Butuan City; ROLANDO LIM ADVINCULA, of legal
age, Filipino, single, with residence and postal address at P-1 Brgy. Mahogany,
Butuan City, and JERICSON HERNANDEZ ADVINCULA , of legal age, Filipino,
single , with residence and postal address at No.675 Sta. Elena St., Binondo,
Manila City, represented in the act by their duly appointed Attorney-In-fact, by
way of Special Power of Attorney, ALAN HERNANDEZ LIM, of legal age, Filipino,
single, with residence and postal address in Brgy. Mahogany, Butuan City,
hereinafter referred to as the “VENDEES”;

WITNESSETH That-

WHEREAS, the vendors are the lawful owners of the parcel of land with no
improvement located at Lot 15 , Blk 248, Beverly St., Brittany Executive Village,
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City , covered by Transfer Certificate
of Title (TCT) 004-2016011728 , issued by the Registry of Deeds for Quezon City,
covering a total lot area of THREE HUNDRED FIFTY ONE (351) square meters more or
less, and is more particularly described as follows.

WHEREAS, vendors has offered to sell to the vendees the described parcel of
land with no improvement and the vendees has agreed to purchase the same.

NOW THEREFORE, for and in consideration of the total sum of ELEVEN


MILLION FIVE HUNDRED EIGHTY THREE THOSAND PESOS (Php11,583,000.00),
Philippine Currency, receipt of which is hereby acknowledged by the vendors from the
vendees to their entire satisfaction, the vendors hereby SELL, TRANSFER , CEDE AND
CONVEY in a manner absolute and irrevocable unto the vendees, their heirs ,
successors and assigns, the above- described parcel of land ;

THAT the vendors do hereby warrant valid title to, and peaceful possession of the property
herein sold and conveyed. The vendors declare that the property is free of all liens and encumbrances
of any kind whatsoever of third party or adverse claim of whatever kind of nature, whether actual or
contingent, arising from law, contract or otherwise and that it shall warrant and forever defend their
ownership against claims of third person or entity and shall consequently hold the vendees free and
blameless from any such claim. The vendors further warrant that there is no pending proceedings
instituted by or against the vendors which could impair or diminish the value of the property subject
of this Deed or otherwise defeat or cast a cloud on the title to such property;

THAT the BIR capital gains tax shall be for the account of the vendors, while the BIR
documentary stamps tax, transfer tax, registration fee of title , and other expenses necessary for the
transfer of title shall be for the account of the vendees.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
______day of ______________ , 2019, at Quezon City.

___________________________ _____________________________
JAIME SAN DIEGO MENDOZA LIGAYA SABANGAN MENDOZA
VENDOR VENDOR

ROLAND LIM ADVINCULA and JERICSON HERNANDEZ ADVINCULA


VENDEES
Represented In the Act by

________________________
ALAN HERNANDEZ LIM
Attorney-In-Fact and VENDEE

Signed in the presence of :

____________________ ____________________

Republic of the Philippines )


City of )

ACKNOWLEDGMENT

BEFORE ME, Notary Public for and in the above jurisdiction, on


personally appeared the following persons:

Name Competent Evidence of


Identity
JAIME SAN DIEGO MENDOZA TIN 270-273-871-000
LIGAYA SABANGAN MENDOZA TIN 270-274-468-000

ALAN HERNANDEZ LIM TIN 419-351-496-000

All known to me and to me known to be the same persons who executed the foregoing
instrument consisting of two (2) pages, including this page where this Acknowledgment is written but
excluding the Annexes; and who acknowledged to me that the same is their voluntary acts and deeds
and that of the persons herein represented.

The instrument is Deed of Absolute Sale involving a parcel of land with no improvement
located at Lot 15 , Blk 248, Beverly St., Brittany Executive Village Neopolitan Phase 4, Brgy., Pasong
Putik, Quezon City, which is covered by Transfer Certificate of Title (TCT) 004-2016011728 issued
by the Registry of Deeds for Quezon City.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first above written.

Notary Public
Doc. No. ;
Page No. ;
Book No. ;
Series of 2019

SPECIAL POWER OF ATTORNEY

I, JAIME SAN DIEGO MENDOZA , of legal age, Filipino citizen, married to LIGAYA
SABANGAN MENDOZA , with residence and postal address at No. 15 General Luis St.,
Novaliches, Quezon City, do hereby NAME, CONSTITUTE, AND APPOINT, MARIA GRACIELA V.
VARELA of legal age, Filipino, with residence and postal address at Lot 2 Blk 2 Phase 4 H.V. Dela
Costa Homes 2, Caloocan City, to be my lawful ATTORNEY-IN-FACT, for me, name, place and
stead, to do and perform the following:

To file and to secure Certificate Authorizing Registration (CAR) from BIR RDO 28 for the
sale of my property located at Lot 15 and Lot 17 , Blk 248, Beverly St., Brittany Executive Village
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City , covered by Transfer Certificate of Titles
(TCT) 004-2016011728 and (TCT) 004-201613742.
To file and secure a copy of certified true copy of tax declaration, tax clearance and
certified true copy of titles.

To pay the required taxes, fees or charges and to file, receive, or otherwise follow- up or
secure on my behalf any papers or documents requisite or necessary with any government office
for the furtherance of the above- stated act.

HEREBY GIVING AND GRANTING unto my said attorney-in-fact full power and authority
to do and perform all and every act requisite or necessary to be done in or about the premises,
as fully to all intents and purposes as I might or could lawfully do as if personally present and
hereby ratifying and confirming all that said my attorney-in-fact shall lawfully do or cause to be
done by virtue of this authority under this Special Power of Attorney.

IN WITNESS WHEREOF, We hereunto set our hands this _______day


of___________2019 at___________________.

_________________________ __________________________
JAIME SAN DIEGO MENDOZA MARIA GRACIELA V. VARELA
Assignor Attorney-In-Fact

SIGNED IN THE PRESENCE OF:


_____________________ ________________________

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES )
__________________ ) S.S

BEFORE ME, A Notary Public for and in Quezon City, personally appeared:

JAIME SAN DIEGO MENDOZA TIN. 270-273-871-000


MARIA GRACIELA V. VARELA PRC NO. 00005048

Known to me and to me known to be the same persons who executed the foregoing
Special Power of Attorney consisting of one (1) is written and acknowledged to me that the same
are their free acts and voluntary deeds.

WITNESS MY HAND AND SEAL, on this _____ day of ________ , 2019 at _________________,
Philippines.

Notary Public
DOC NO. __________
BOOK NO. __________
PAGE NO. __________
SERIES OF 2019
CHECKLISTS OF DOCUMENTS
Lot 15 and 17 , Blk 248, Beverly St., Brittany Executive Village Neopolitan Phase
4, Brgy., Pasong Putik, Quezon City
_____________________________________________________________________
Original Owners Duplicate Copy of TCT No.004-2016013742 and 004 2016011728
Certified True Copy of TCT No.004-2016013742 and 004 2016011728
Certified True Copy of Tax Declaration for land
Tax Clearance (2019) for land
Real Estate Tax receipt (2019) for land
Certificate of No Improvement
Picture of property
2 valid IDs of vendors
Certified copy of Tax Map from Assessors Office of Quezon City
A copy of Policies, Rules and Regulations
A copy certificate of amended By-Laws
A copy Memorandum of Agreement
Relocation and/or verification surveyed lot plan by Geodetic Engineer
Relocation and verification surveyed by Sta. Lucia Realty Dev., Inc.
Homeowner’s association statement of account and O.R. for 2019
Breakdown of taxes and fees

Deed of Absolute Sale PHP6M TCT No.004-2016013742 for BIR presentation


Deed of Absolute Sale PHP11,583,000.00 TCT No.004-2016013742 (actual selling price )
Acknowledgement receipt for 6M (BIR presentation)TCT No.004-2016013742
Acknowledgement receipts for Php5,583,000.00Ttile No.004-2016013742

Deed of Absolute Sale PHP6M TCT No.004-2016011728 for BIR presentation


Deed of Absolute Sale PHP11,583,000.00 TCT No.004-2016011728 (actual selling price )
Acknowledgement receipt for 6M (BIR presentation)TCT No.004-2016011728
Acknowledgement receipts for Php5,583,000.00Ttile No.004-2016011728

Payment for BIR capital gains tax:


Php360,000.00 for TCT No. 004-2016013742
Php360,000.00 for TCT No. 004-2016011728

Turned Over by: ----------------------------------------------


JAIME SAN DIEGO MENDOZA / Seller

Received by: -----------------------------------


ALAN HERNANDEZ LIM/Buyer

Checked and witnessed by:

__________________________
Maria Graciela V. Varela, REB
PRC REBL No. 00005048
Acknowledgement Receipt

Date : _____________________

Received from : ALAN HERNANDEZ LIM /Vendee


Representing full payment in CASH in the amount of THREE MILLION EIGHTY THREE
THOUSAND PESOS (Php3,083,000.00) Philippine currency, for the sale of parcel of land with no
improvement, located at Lot 15 , Blk 248, Beverly St., Brittany Executive Village Neopolitan Phase
4, Brgy., Pasong Putik, Quezon City , covered by Transfer Certificate of Title TCT)004-2016011728
issued by the Registry of Deeds for Quezon City, registered under the names of SPS. JAIME SAN
DIEGO MENDOZA and LIGAYA SABANGAN MENDOZA, covering a total lot area of THREE
HUNDRED FIFTY ONE (351) square meters more or less, and is more particularly described as
follows.

Payment received by:

_________________________________________________________
JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN MENDOZA
VENDORS

Signed in the presence of:

---------------------------------------- ----------------------------------------

Republic of the Philippines )

City of )

ACKNOWLEDGMENT

BEFORE ME, Notary Public for and in the above jurisdiction, on


personally appeared the following persons:

Name Competent Evidence of Identity


JAIME SAN DIEGO MENDOZA TIN 270-273-871-000

LIGAYA SABANGAN MENDOZA TIN 270-274-468-000

ALAN HERNANDEZ LIM TIN 419-351-496-000

All known to me and to me known to be the same persons who executed the foregoing instrument
consisting of one(1) page, who acknowledged to me that the same is their voluntary acts and deeds and
that of the persons herein represented.

The instrument is an ACKNOWLEDGEMENT RECEIPT involving a parcel of land with no


improvement located Lot 15 , Blk 248, Beverly St., Brittany Subd., Neopolitan Phase 4, Brgy., Pasong
Putik, Quezon City, which is covered by Transfer Certificate of Title (TCT) .004-2016011728 issued by the
Registry of Deeds for Quezon City.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first above written.

Notary Public

Doc. No. ;

Page No. ;

Book No. ;

Series of 2019

Acknowledgement Receipt

Date : _____________________

Received from : ALAN HERNANDEZ LIM /Vendee

Representing full payment in CASH in the amount of THREE MILLION EIGHTY THREE
THOUSAND PESOS (Php3,083,000.00) Philippine currency, for the sale of parcel of lands with no
improvements, located at Lot 17 , Blk 248, Beverly St., Brittany Subd., Neopolitan Phase 4, Brgy.,
Pasong Putik, Quezon City , covered by Transfer Certificate of Title TCT)004-2016013742 issued
by the Registry of Deeds for Quezon City, registered under the names of SPS. JAIME SAN DIEGO
MENDOZA and LIGAYA SABANGAN MENDOZA, covering a total lot area of THREE HUNDRED
FIFTY ONE (351) square meters more or less, and is more particularly described as follows.
Payment received by:

_________________________________________________________
JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN MENDOZA
VENDORS

Signed in the presence of:

---------------------------------------- ----------------------------------------

Republic of the Philippines )

City of )

ACKNOWLEDGMENT

BEFORE ME, Notary Public for and in the above jurisdiction, on


personally appeared the following persons:

Name Competent Evidence of Identity

JAIME SAN DIEGO MENDOZA TIN 270-273-871-000

LIGAYA SABANGAN MENDOZA TIN 270-274-468-000

ALAN HERNANDEZ LIM TIN 419-351-496-000

All known to me and to me known to be the same persons who executed the foregoing instrument
consisting of one(1) page, who acknowledged to me that the same is their voluntary acts and deeds and
that of the persons herein represented.

The instrument is an ACKNOWLEDGEMENT RECEIPT involving a parcel of land with no


improvement located Lot 17 , Blk 248, Beverly St., Brittany Subd., Neopolitan Phase 4, Brgy., Pasong
Putik, Quezon City, which is covered by Transfer Certificate of Title (TCT) .004-2016011728 issued by the
Registry of Deeds for Quezon City.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first above written.

Notary Public

Doc. No. ;

Page No. ;

Book No. ;

Series of 2019
BREAKDOWN OF TAXES AND FEES:
( Re:Lot 15 Blk 248, Beverly St., Brittany Executive Village , Neopolitan Phase 4, Brgy.
Pasong Putik, QC., TCT No. 004-2016011728 , Lot Area 351sqm )

ZONAL VALUE : Php 5,967,000.00


DOAS : 6,000,000.00 (Tax Basis)
SELLING PRICE : 11,583,300.00

SELLER'S Account
1. For payment of Capital Gains Tax
MC: Pay to Landbank West Avenue Branch P 360,000.00
FAO: Bureau of Internal Revenue
IFO: JAIME SAN DIEGO MENDOZA

---------------------------------------------------------------------------------------------------

BUYER'S Account
1. For payment of Documentary Stamp Tax
MC: Pay to Landbank West Avenue Branch P 90,000.00
FAO: Bureau of Internal Revenue
IFO: ALAN HERNANDEZ LIM

2. For payment of Transfer Tax 45,050.00


MC: Pay to Quezon City Treasurer

3. For payment of Registration Fee, RD, CASH 35,000.00


(more or less)

4. For payment of Notarial Fee , CASH -----------


5. Filing Fee for CAR 110.00

-----------------
TOTAL EXPENSES P 170,160.00
-----------------------------------------------------------------------------------------------------------------

MARIA GRACIELA V. VARELA,CREB


PRC REBL No. 00005048
Tel (02)267 99 82
0933-8114313(sun)
0917-6828833 (globe)
email : grace.vvarela@gmail.com
BREAKDOWN OF TAXES & FEES
Lot 17 Blk 248, Beverly St., Brittany Executive Village , Neopolitan Phase 4, Brgy.
Pasong Putik, QC

BASED ON BIR ZONAL VALUATION FOR LAND -17,000.00/SQM


Selling price in DOAS is PHP6,000,000.00 (basis for the computation CGT/DST/transfer tax
and reg.fee in RD)
ACTUAL SELLING PRICE-PHP11,583,000.00

SELLER’S EXPENSES:
BIR CAPITAL GAINS TAX : PHP360,000.00

BUYER’S EXPENSES:
BIR DOC. STAMPS TAX : 90,000.00
TRANSFER TAX : 45,050.00
REGISTRATION FEE : 35,000.00 more or less
IT FEE (RD)
Filing Fee for CAR : 110.00
-------------------------
PHP170,160.00
----------------------------------------------------------------------------------------------------------------------------- --------------

MANAGER’S CHECKS (MC) PAYEES:

CAPITAL GAINS TAX: LANDBANK OF THE PHILIPPINES WEST AVENUE


BRANCH FAO BUREAU OF INTERNAL REVENUE

FAO JAIME SAN DIEGO MENDOZ

AMOUNT PHP360,000.00

Received by: __________________

DOCUMENTARY STAMPS TAX:

LANDBANK OF THE PHILIPPINES WEST AVENUE


BRANCH FAO BUREAU OF INTERNAL REVENUE
FAO ALAN HERNANDEZ LIM
AMOUNT PHP90,000.00
Received by: ___________________

TRANSFER TAX CITY TREASURERS OFFICE FOR QUEZON CITY


AMOUNT PHP45,050.00

Received by: ____________________

REGISTRATION FEE OF TITLE (TO FOLLOW) PHP35,000.00

MARIA GRACIELA V. VARELA,CREB


PRC REBL No. 00005048
Tel (02)267 99 82
0933-8114313(sun)
0932-8474739(sun)
0917-6828833 (globe)
email : grace.vvarela@gmail.com

Republic of the Philippines)


) S.S.

SPECIAL POWER OF ATTORNEY


WE, ROLANDO LIM ADVINCULA , of legal age, Filipino, single, with residence and
postal address at P-1 Brgy. Mahogany, Butuan City, and JERICSON HERNANDEZ
ADVINCULA , of legal age, Filipino, single , with residence and postal address at
No.675 Sta. Elena St., Binondo, Manila City, do hereby NAME, CONSTITUTE and
APPOINT, ALAN HERNANDEZ LIM, of legal age, Filipino, single, with residence and
postal address in Brgy. Mahogany, Butuan City, for me and in my name, stead and place
to do perform the following acts and deeds, to wit:

To buy and transfer , under such terms most favorable, a parcel of land with no improvement
at Lots 15 and 17 , Blk 248, Beverly St., Brittany Executive Village Neopolitan Phase 4,
Brgy., Pasong Putik, Quezon City ,(Subject Property) which is covered by Transfer
Certificate of Titles (TCTs) 004-2016013742 and 004-2016011728, issued by the
Registry of Deeds for Quezon City, covering a total lot area of SEVEN HUNDRED and
TWO (702) square meters more or less, and is more particularly described as follows:
To make, execute, sign, deliver, and/or receive any document or papers necessary to the sale ,
conveyance, disposition of the said property; and

To pay the amount of consideration to the seller/s.

HEREBY GIVING AND GRANTING unto our said Attorney-In-Fact full power and authority
to do and perform all and every act requisite or necessary to be done in or about the premises,
as fully to all intents and purposes as I might or could lawfully do as if personally present and
hereby ratifying and confirming all that said our Attorney-In-fact shall lawfully do or cause
to be done by virtue of this authority under this Special Power of Attorney.

IN WITNESS HEREOF, We hereunto set our hands this _____________day of


_____________, _________ at Quezon City.

___________________________ _____________________________________
ROLAND LIM ADVINCULA JERICSON HERNANDEZ ADVINCULA
Assignor Assignor

_______________________
ALAN HERNANDEZ LIM
Attorney-In-Fact

SIGNED IN THE PRESENCE OF:

______________________________ _____________________________
Republic of the Philippines )
City of )
ACKNOWLEDGMENT
BEFORE ME, Notary Public for and in the above jurisdiction, on
personally appeared the following persons:
Name Competent Evidence of Date/Place of Issue
Identity

ALAN HERNANDEZ LIM TIN 419-351-496-000


ROLANDO LIM ADVINCULA TIN 213-763-026-000
JERICSON HERNANDEZ
TIN 437-087-683-000
ADVINCULA

All known to me and to me known to be the same persons who executed the
foregoing instrument consisting of three (3) pages, including this page where this
Acknowledgment is written but excluding the Annexes and who acknowledged to me that
the same is their voluntary acts and deeds and that of the persons herein represented.
The instrument is a SPECIAL POWER OF ATTORNEY involvinga parcel of land
with no improvement at Lots 15 and 17 , Blk 248, Beverly St., Brittany Executive Village
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City ,(Subject Property) which is
covered by Transfer Certificate of Titles (TCTs) 004-2016013742 and 004-2016011728,
issued by the Registry of Deeds for Quezon City, covering a total lot area of SEVEN
HUNDRED and TWO (702) square meters more or less,

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first
above written.

Notary Public
Doc. No. ;
Page No. ;
Book No. ;
Series of 2019
Republic of the Philippines )
City of )

CONTRACT OF SALE

This Contract Of Sale is made and entered into this day _____ of ___________ ,
2019 at Quezon City, by and between:
SPOUSES JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN
MENDOZA , both of legal age, Filipinos, with residence and postal address at
No. 15 General Luis St., Novaliches, Quezon City , hereinafter referred to as the
“VENDORS”;

- AND-

ALAN HERNANDEZ LIM, of legal age, Filipino, single , with residence and postal
address in Brgy. Mahogany, Butuan City; ROLANDO LIM ADVINCULA, of legal
age, Filipino, single, with residence and postal address at P-1 Brgy. Mahogany,
Butuan City, and JERICSON HERNANDEZ ADVINCULA , of legal age, Filipino,
single , with residence and postal address at No.675 Sta. Elena St., Binondo,
Manila City, represented in the act by their duly appointed Attorney-In-fact, by
way of Special Power of Attorney, ALAN HERNANDEZ LIM, of legal age, Filipino,
single, with residence and postal address in Brgy. Mahogany, Butuan City,
hereinafter referred to as the “VENDEES”;

WITNESSETH:

WHEREAS, the VENDORS are the lawful owners of the parcel of lands with no
improvement located at Lots 15 and 17 , Blk 248, Beverly St., Brittany Executive Village
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City ,(Subject Property) which is
covered by Transfer Certificate of Titles (TCTs) 004-2016013742 and 004-2016011728,
issued by the Registry of Deeds for Quezon City, covering a total lot area of SEVEN
HUNDRED and TWO (702) square meters more or less, and is more particularly
described as follows:
WHEREAS, the VENDORS have agreed to sell to the VENDEES, and the
VENDEE have agreed to purchase from the VENDORS the Subject Property, under the
terms and conditions herein stipulated;

NOW THEREFORE, for and in consideration of the foregoing premises, the


payment of the Purchase Price, and the faithful compliance of the mutual terms,
conditions and covenants hereinafter stipulated, the Parties hereby agreed as follows:

1. Purchase Price. The VENDEE agrees to pay the consideration of TWENTY


THREE MILLION ONE HUNDRED SIXTY SIX THOUSAND PESOS
(Php23,166,000.00) Philippine currency, in the following manner:

A. That the VENDEES will pay FIVE MILLION PESOS ( Php5,000,000.00) on or


before November 8, 2019 as “DOWNPAYMENT” and upon signing of this
agreement. The remaining balance of EIGHTEEN MILLION ONE HUNDRED
SIXTY SIX THOUSAND PESOS (Php18,166,000.00) shall be paid upon
execution of Deed of Absolute Sale.

B. Before downpayment , “Statement of Account” for the latest outstanding


balance of Real Estate Mortgage with BDO Unibank, Inc. , must be presented by
the vendors to the vendees for the purpose of preparing Manager’s Check
payable to BDO Unibank , Inc. FAO Spouses Jaime San Diego Mendoza
and Ligaya Sabangan Mendoza, necessary to take out both TCTs from BDO
Unibank, Inc. Another Manager’s Check shall be prepared by the vendees
payable to Jaime San Diego Mendoza amounting to difference between Five
Million Pesos (Php5,000,000.00) and the outstanding balance with BDO Unibank,
Inc.
C. That after payment of Php5,000,000, both Transfer Certificate of Title Nos. (TCT)
004-2016013742 and 004-2016011728 must be released from mortgage from
BDO Unibank Inc.,together with the “Certificate of Released of Mortgage” and
the cancellation of annotation of Real Estate Mortgage in the Registry of Deeds
for Quezon City, within 20 working days, cancellation fee shall be for the
account of the vendors.

D. Full payment in the amount of EIGHTEEN MILLION ONE HUNDRED SIXTY


SIX THOUSAND PESOS (Php18,166,000.00) shall be payable upon the
released of mortgage from BDO Unibank Inc. of both Transfer Certificate of Title
Nos. (TCT) 004-2016013742 and 004-2016011728 and the cancellation of the
Real Estate Mortgage annotation for both titles, the VENDORS shall
execute a Deed of Absolute Sale in favor of the VENDEES, and turn over all the
original copy of titles on the said property

F. That the VENDORS shall no longer show the property to any prospective
buyers nor entertain upon signing of this agreement.

H. Failure of vendors to release both TCTs with BDO Unibank Inc. , and to cancel
the annotation of Real Estate Mortgage , the vendors shall refund the down
payment amounting to Five Million Pesos (Php5,000,000.00) without any court
order within (7 days) from the time the vendees notified the vendors.

I. Failure of VENDORS to secure released of mortgage from BDO Unibank Inc. of


both Transfer Certificate of Title Nos.(TCT) 004-2016013742 and 004-
2016011728 and the cancellation of the Real Estate Mortgage annotation for
both titles, the VENDORS shall refund the down payment amounting to FIVE
MILLION PESOS (Php5,000,000) without any court order within (7 days) from
the time the VENDEES will notify the VENDORS.
J. In case the VENDEES cannot transfer the property unto their names because of
any problem of the property , nor failed to provide all original documents as
stated in clause No. 4, the VENDORS shall refund the whole amount of
consideration with the total of TWENTY THREE MILLION ONE HUNDRED
SIXTY SIX THOUSAND PESOS (Php23,166,000.00) Philippine currency,
without any court order within (7 days) from the time the VENDEES will notify the
VENDORS that the property cannot be transferred.

K. That the VENDEES shall now be in the names of ROLANDO LIM ADVINCULA
and JERICSON HERNANDEZ ADVINCULA and ALAN HERNANDEZ LIM

L. That the VENDORS guarantees that the properties are free from all liens,
encumbrances and adverse claims and that he is fully responsible for defending
the said properties from such event after the consummation of the sale.

M. That the official relocation and verification survey of the two lots has to be done
by Sta. Lucia Realty & Dev., Inc., being the developer and recognized surveyor
by the homeowners association of Brittany Executive Village Neopolitan Phase
IV, the vendees shall request for a second relocation and verification, this time
by Sta. Lucia Realty Dev,, Inc. , should there be any discrepancies with any
lines and points as per technical description in the title in the actual lot, the
downpayment shall be refund in full by the vendors to the vendees, without any
demand.

N. Should any provision of this contract be declared by the court as null and void,
the declaration of nullity of said provision shall not affect the validity of this
transactions and of the other herein provisions which are considered as valid
and binding upon both parties.
2. Taxes. All taxes, fees, and expenses to be incurred in connection with the
registration of the sale ,transfer of title and transfer of tax declaration of the Subject
Property to the name of the VENDEES such as BIR Documentary

Stamps tax, Transfer tax, Registration fee of the titles, shall be for the
account of the VENDEES, Whereas, BIR Capital Gains tax , shall be for the
account of the VENDORS.

3. Real Property Tax for 2019 and the Homeowners Association Dues for 2019 which
the VENDORS agreed to shoulder the cost thereof up to the date of execution of
Deed of Absolute Sale.

4. The VENDORS shall turn over original copies of the following documents upon
full payment:

Original Owners Duplicate Copy of Ttile No.004-2016013742 and 004 2016011728


Certified True Copy of Transfer Certificate of Title No.004-2016013742 and 004 2016011728
Certified True Copy of Tax Declaration for land
Tax Clearance (2019) for land
Real Estate Tax receipt (2019) for land
Certificate of No Improvement
Picture of property
Homeowner’s Association dues statement of account/Official Receipt
2 valid IDs of vendors
Certified copy of Tax Map from Assessors Office of Quezon City
A copy of Policies, Rules and Regulations
A copy certificate of amended By-Laws
A copy Memorandum of Agreement
Relocation and/or verification surveyed lot plan by Geodetic Engineer
Relocation and verification surveyed by Sta. Lucia Realty Dev., Inc.

5. Warranties/Representations. the VENDORS hereby warrants to the VENDEES


that:

a. They have the legal capacity and authority to SELL the Subject Properties,
subject to the Undertaking as provided for under Paragraph 5;

b. There are no other persons or entities who claim interests, title, or


ownership in the Subject Properties;

c. The VENDEES will enjoy exclusive and peaceful occupation over the
Subject Properties;
d. Real property tax upon the Subject Properties as of signing hereof have
been fully paid;

e. There is no case or proceeding, including an expropriation case, pending


in court or any government agency involving the Subject Properties;

f. There are no other matters, issues, things, or disputes that would prevent
the VENDEES from transferring title to the Subject Property in its name or
that will disturb the peaceful occupation and possession of the VENDEES
over the Subject Property.

g. The foregoing warranties and representations are essential considerations


of this Agreement, without which the VENDEES would not have agreed to
buy the Subject Property from the VENDORS.

6. Indemnities. The VENDORS agree to indemnify and hold free and harmless the
VENDEES, its heirs, successors in interest, and assigns, from and against any
and all costs, taxes, fees, charges, liabilities, demands, suits, losses and
expenses, including attorney’s fees, which the VENDEES may be subject to or
required to pay arising from or in connection with the Agreement.

The VENDORS hereby further agree to defend the VENDEE’s rights, title and
ownership over the Subject Properties against any person or entity claiming
interest over the same Said Properties.

7. Further Assurances. The VENDORS agree to deliver any such other documents
or things, and/or to perform such other acts or deeds, which maybe
hereafter required to be delivered, executed or performed in order that the title to
the Subject Property may be transferred to the name of the VENDEES or that
the VENDEES may be able to fully and peacefully possess, use and enjoy the
Subject Property.

8. Miscellaneous:

a. Entire Agreement/Amendment. This Agreement constitute the entire


agreement between the parties and any and all prior expressions of
interests, offers, counteroffers, warranties and representations, etc. are
deemed merged and incorporated herein. The parties are not bound for
any such matters not contained in this Agreement. This Agreement may
be subsequently amended or supplemented only in writing signed by the
Parties.

b. Severability. If any portion of this Agreement is declared by a competent


court as invalid for being unconstitutional or unlawful, said provision shall
not affect the other provisions and shall be deemed re-written to the extent
required by law to make it valid.

c. Governing Law and Venue. This Contract To Sell with Undertaking shall
be governed by the laws of the Republic of the Philippines. Any dispute in
connection with this Agreement and the Deed of Absolute Sale shall be
resolved amicably by the Parties within a period of thirty (30) days from
receipt of a notice of dispute or violation. If the Parties fail to resolve their
issues within the said period, the Parties agree to submit the same to the
exclusive jurisdiction of a competent court in Quezon City. The Parties
shall shoulder their own legal and litigation expenses in pursuing their
claims.

d. Joint and Solidary Obligations. The VENDORS and the VENDEES are
jointly and solidarily responsible in the performance of their obligations,
warranties, representations and undertakings under this Agreement.

9. POSSESION OF THE REAL PROPERTY: The VENDEES may only occupy the
Subject Property after full payment received by the VENDORS.

10. BROKER’S FEE AND COMMISSION: Three (3) percent Broker’s professional
fee and commission shall be for the exclusive account of the VENDORS.

IN WITNESS WHEREOF, the Parties have affixed their signatures on the date
and at the place first above written.

_________________________________________________________
JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN MENDOZA
VENDORS

__________________________________________________________________
ROLAND LIM ADVINCULA and JERICSON HERNANDEZ ADVINCULA
VENDEES
Represented In the Act by their Attorney-In-Fact and VENDEE
ALAN HERNANDEZ LIM

SIGNED IN THE PRESENCE OF:

-------------------------------- --------------------------------
Republic of the Philippines )
City of )

ACKNOWLEDGMENT

BEFORE ME, Notary Public for and in the above jurisdiction, on


personally appeared the following persons:

Name Competent Evidence of Date/Place of Issue


Identity
JAIME SAN DIEGO MENDOZA TIN 270-273-871-000

LIGAYA SABANGAN MENDOZA TIN 270-274-468-000

Alan Hernandez Lim TIN 419-351-496-000


ROLANDO LIM ADVINCULA TIN 213-763-026-000
JERICSON HERNANDEZ TIN 437-087-683-000
ADVINCULA

All known to me and to me known to be the same persons who executed the
foregoing instrument consisting of six (6) pages, including this page where this
Acknowledgment is written but excluding the Annexes; and who acknowledged to me
that the same is their voluntary acts and deeds and that of the persons herein
represented.

The instrument is Contract of Sale involving a parcel of lands with no


improvements located Lots 15 and 17 , Blk 248, Beverly St., Brittany Executive Village,
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City, which is covered by Transfer
Certificate of Titles (TCsT) .004-2016013742 and 004-2016011728 issued by the
Registry of Deeds for Quezon City.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first
above written.

Notary Public
Doc. No. ;
Page No. ;
Book No. ;
Series of 2019
Acknowledgement Receipt
---------------------------------------
Date : November 12, 2019

Received from : ALAN HERNANDEZ LIM /VENDEE and Atty-In-Fact

Representing Downpayment in the amount of FIVE MILLION PESOS


(Php5,000,000.00) Philippine currency, for the sale of parcel of lands with no
improvements, located at Lots 15 and 17 , Blk 248, Beverly St., Brittany Executive Village,
Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City , covered by Transfer Certificate
of Titles (TCTs) 004-2016013742 and 004-2016011728 issued by the Registry of Deeds
for Quezon City, registered under the names of SPS. JAIME SAN DIEGO MENDOZA
and LIGAYA SABANGAN MENDOZA, covering a total lot area of SEVEN HUNDRED
TWO (702) square meters more or less, and is more particularly described as follows.
Page 1

Payment received by:

_________________________________________________________
JAIME SAN DIEGO MENDOZA and LIGAYA SABANGAN MENDOZA
VENDORS

Signed in the presence of:


---------------------------------------- -----------------------------------------

Republic of the Philippines )


City of )

ACKNOWLEDGMENT

BEFORE ME, Notary Public for and in the above jurisdiction, on


personally appeared the following persons:

Name Competent Evidence of Date/Place of Issue


Identity
JAIME SAN DIEGO MENDOZA TIN 270-273-871-000

LIGAYA SABANGAN MENDOZA TIN 270-274-468-000

Alan Hernandez Lim TIN 419-351-496-000


ROLANDO LIM ADVINCULA TIN 213-763-026-000
JERICSON HERNANDEZ TIN 437-087-683-000
ADVINCULA

All known to me and to me known to be the same persons who executed the
foregoing instrument consisting of two (2) pages, who acknowledged to me that the same
is their voluntary acts and deeds and that of the persons herein represented.

The instrument is an ACKNOWLEDGEMENT RECEIPT involving a parcel of


lands with no improvements located Lots 15 and 17 , Blk 248, Beverly St., Brittany
Executive Village, Neopolitan Phase 4, Brgy., Pasong Putik, Quezon City, which is
covered by Transfer Certificate of Titles (TCTs) .004-2016013742 and 004-2016011728
issued by the Registry of Deeds for Quezon City.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first
above written.
Notary Public
Doc. No. ;
Page No. ;
Book No. ;
Series of 2019
Page 2

CHECKLISTS OF DOCUMENTS
Lot 33 Blk 137, Palmanova St., Casa Milan, Neopolitan Phase 5, Brgy. Greater
Lagro, Quezon City

1. ORIGINAL COPY OF OWNERS DUPLICATE COPY OF TCT No.57955


2. Copy of certified copy of tax declaration for land
3. Certified copy of TCT No. 57955
4. Real property tax clearance land 2019
5. RPT O.R. land
6. Certificate of Land with No Improvement
7. Certified copy from the original Tax Map on file issued by Assessor’s office
for QC
8. Copy of seller’s identication cards
9. Deed of Absolute Sale 5.1M
10. Acknowledgement receipt for 5.1M (BIR presentation)
11. Acknowledgement receipt for 6.9M
12. Homeowner’s Assocciation statement of account
13. Breakdown of taxes and fees
14. Payment for Capital Gains Tax Php306,000.00
15. Payment for HOA dues Php88,293.57
16. Broker’s fee and commission Php360,000.00

Turned Over by: -------------------------------------------------------------------------------------

TEDDY LIM/ SELLER and Graciela Villaflores-Varela/Selling Broker

PRC REBL No. 00005048

Received by: --------------------------------------------------------------------------------------

FERDINAND OBILLO in behalf of Marian Navarro Obillo/Buyer


Acknowledgement Receipt
---------------------------------------

Date : ______________________

Received from : MARIAN NAVARRO OBILLO /Vendee

Representing full payment in CASH in the amount of FIVE MILLION ONE HUNDRED
THOUSAND PESOS (Php5,100,000.00) Philippine currency, for the sale of parcel of
land with no improvement, located at Lot 33 Blk 137, Palmanova St., Casa
Milan,Neopolitan Phase 5, Brgy. Greater Lagro, Quezon City, covered by Transfer
Certificate of Title (TCT) No. 57955 issued by the Registry of Deeds for Quezon City,
covering a total lot area of THREE HUNDRED (300) square meters more or less,
registered under the names of Teddy Lim and Jimmy Lim.

Payment received by:

---------------------------------------- -----------------------------------------
TEDDY LIM/VENDOR JIMMY LIM/VENDOR

Signed in the presence of:

---------------------------------------- -----------------------------------------
Acknowledgement Receipt
---------------------------------------

Date : ______________________

Received from : MARIAN NAVARRO OBILLO /Vendee

Representing full payment in CASH in the amount of SIX MILLION NINE HUNDRED
THOUSAND PESOS (Php6,900,000.00) Philippine currency, total paid amount is
TWELVE MILLION PESOS (Php12,000,000.00) Philippine currency , for the sale of
parcel of land with no improvement, located at Lot 33 Blk 137, Palmanova St., Casa
Milan,Neopolitan Phase 5, Brgy. Greater Lagro, Quezon City, covered by Transfer
Certificate of Title (TCT) No. 57955 issued by the Registry of Deeds for Quezon City,
covering a total lot area of THREE HUNDRED (300) square meters more or less,
registered under the names of Teddy Lim and Jimmy Lim.

Payment received by:

---------------------------------------- -----------------------------------------
TEDDY LIM/VENDOR JIMMY LIM/VENDOR

Signed in the presence of:

---------------------------------------- -----------------------------------------
BREAKDOWN OF TAXES & EXPENSES
Lot 11 Blk 186, Sangumay St., Geneva Garden Neopolitan Phase 7, Fairview, QC
BASED ON BIR ZONAL VALUATION FOR LAND -16,000.00/SQM
Selling price in DOAS shall be PHP4,800,000.00 (basis for the computation of
CGT/DST/transfer tax and
reg.fee in RD)
ACTUAL SELLING PRICE-PHP5,400,000.00

SELLER’S EXPENSES:
BIR CAPITAL GAINS TAX : PHP288,000.00
BIR DOC. STAMPS TAX : 72,000.00 …discounted amount from Mam Del
BROKER’S FEE AND 270,000.00
COMMISSION (5%)
HOMEOWNERS ASSOC DUES : 83,400.00
ARREARS
EARNEST MONEY 100,000.00
-------------------------
TOTAL ……………………………. 813,400.00
NET PROCEEDS PHP4,586,600.00 … to be equally divided among
sellers

Manager’s Checks (MC) payable to:


GAUDELIA TIONGSON BROUWERS…..PHP 1,528,866.66
MARIA ELENA H. ABESAMIS ………….. 1,528,866.66
LEANDRO ASUNCION GONZALES…… 1,528,866.66

BUYER’S EXPENSES:
TRANSFER TAX : 36,050.00
REGISTRATION FEE : 36,000.00
-------------------------
TOTAL …………………………… PHP 72,050.00
NOTARIAL FEE: FOR THE ACCOUNT OF MARIA GRACIELA V. VARELA

CONFORME:________________________ ________________________
LEANDRO GONZALES CHANDLER E. ANDRADE
ATTY-IN-FACT BUYER

MANAGER’S CHECKS (MC) PAYEES:


CAPITAL GAINS TAX: LANDBANK OF THE PHILIPPINES WEST AVENUE
BRANCH FAO BUREAU OF INTERNAL REVENUE
FAO GAUDELIA TIONGSON BROUWERS
AMOUNT PHP288,000.00
Received by: __________________
DOCUMENTARY STAMPS TAX:

LANDBANK OF THE PHILIPPINES WEST AVENUE


BRANCH FAO BUREAU OF INTERNAL REVENUE
FAO CHANDLER ESTANERO ANDRADE
AMOUNT PHP72,000.00
Received by: ___________________

TRANSFER TAX CITY TREASURERS OFFICE FOR QUEZON CITY


AMOUNT PHP36,050.00
Received by: ____________________

REGISTRATION FEE OF TITLE (TO FOLLOW) PHP36,000.00

ASSOCIATION DUES COMMUNITY ASSOCIATION OF GENEVA GARDENS INC.


AMOUNT PHP83,400.00
Received by: ___________________

BROKER’S FEE AND COMMISSION


MARIA GRACIELA V. VARELA PHP270,000.00
Received by: ____________________
Date: ____________________
DIVINO LAND REALTY

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