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DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT, made and entered by and between:

[CLICK HERE AND TYPE VENDOR'S NAME] , of legal age, [civil status] ,
Filipino, and a resident of [Address] , hereinafter referred to as the
VENDOR; and [CLICK HERE AND TYPE VENDEE'S NAME] , of legal age,
[civil status] , Filipino, and a resident of [Address] , hereinafter referred
to as the VENDEE;

WITNESSETH:

WHEREAS, the VENDOR is the absolute and registered owner of a parcel of


land, situated at [location] , containing an area of [AREA IN WORDS] ([area in
numbers] ) SQUARE METERS, more or less, and covered by Transfer Certificate of
Title No. [title number] of the Registry of Deeds for the Province of [Province] and
the VENDEE desires to purchase the same under the following terms and conditions:

1. That the consideration of sale shall be in the amount of [AMOUNT IN WORDS]


PESOS (P[amount in numbers] ), Philippine Currency, which shall be paid as
follows, to wit:

a) That the amount of [AMOUNT IN WORDS] PESOS (P[amount in numbers] ),


Philippine Currency, shall be paid upon the signing of this agreement;

b) That the remaining balance of [AMOUNT IN WORDS] PESOS (P[amount in


numbers] ), Philippine Currency, shall be paid on or before [due date] .

2. That a DEED OF ABSOLUTE SALE shall be executed by the VENDOR upon the
full payment of the consideration sale of the afore-described parcel of land by
the VENDEE;

3. That should the VENDEE fail to pay the remaining balance of the consideration
of sale of the afore-described parcel of land, the VENDOR shall return the total
amount paid in advance in favor of the VENDEE within a period of [period in
word] ([period in number] ) months from [starting date] ;

4. That the VENDEE shall enjoy physical possession over the afore-described
parcel of land.

WHEREAS, this agreement is made, entered and executed by both parties in


good faith and any and all stipulations set forth herein shall be duly complied with
accordingly.

IN WITNESS WHEREOF, both parties have hereunto set their hands this
5/23/23 day of May, 2023 at [Town, Province] .
[VENDOR] [VENDEE]
Vendor Vendee
ID Card No. [Number] ; ID Card No. [Number] ;
Issued on [Date] at [Place] ; Issued on [Date] at [Place] ;
CTC No. [Number] ; CTC No. [Number] ;
Issued on [Date] at [Place] Issued on [Date] at [Place]

SIGNED IN THE PRESENCE OF:_____________________ & _______________

REPUBLIC OF THE PHILIPPINES)


PROVINCE OF [PROVINCE] )S.S.
CITY/MUN. OF [TOWN] )
x------------------------x

BEFORE ME, a Notary Public, for and in the Municipality/City of [Town] ,


Province of [Province] , personally appeared [VENDOR] and [VENDEE] , who are
known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged under oath that the same is their own free will,
voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above-mentioned.

Doc. No. _________;


Page No. _________;
Book No. _________;
Series of 2023.

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