CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL is made and executed in, Romblon, Philippines on this
th
25 day of January 2023 by and between:

URSULA, of legal age, Filipino citizen, and resident of Brgy. Mapula,

Romblon, Romblon, and hereinafter collectively referred to as “VENDOR”

-and-

, of legal age, Filipino citizen, with

residence and postal address at , hereinafter referred to as “VENDEE”

WITNESSETH: THAT -

WHEREAS, the VENDOR is the lawful and registered owner of a parcel of land located
at , covered by TCT No. issued by the
Registry of Deeds for . Such parcel of land is more particularly
described as follows:

(Technical description of the land)

WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell the
above-described parcel of land subject to the terms and conditions hereinafter sethforth.

NOW THEREFORE, for and in consideration of the foregoing premises and the
payment of the agreed purchase price in the manner and form herein stipulated, the VENDOR
hereby agrees to SELL, TRANSFER and CONVEY unto the VENDEE his heirs, assigns and
successors-in-interest, and the VENDEE hereby agrees to BUY the PROPERTY subject to the
following terms and conditions:

Contract Price:

The contract price for the sale of the PROPERTY shall be

PESOS ( PhP ), Philippine Currency;

Down Payment:

Upon the execution of this Contract to Sell, the VENDEE shall make an initial down
payment of PESOS (PhP ),
Philippine Currency.

Balance of Purchase Price:

 The remaining balance of PESOS (PhP )
shall be paid within ( ) days from the execution of this Contract to Sell.

Execution of Absolute Deed

of Sale and Delivery of
Transfer Tax Title,
Tax Declaration and Tax Clearance
Certificate:

Upon completion of payment of the balance purchase price above stipulated and other
obligations set forth hereto, the VENDOR shall execute and deliver to the VENDEE a final
DEED OF ABSOLUTE SALE, CONVEYING, SELLING, CEDING
AND/OR TRANSFERRING the above-described property, free and clear of all liens and
encumbrances except those found therein at the time of the execution of this document,
thereafter the VENDOR shall cause the issuance of Transfer Certificate of Title under the name
of the VENDEE covering the subject parcel of land, it being understood, however, that expenses
for capital gains tax and documentary stamp tax, transfer tax and other Registration Fees shall be
borne exclusively by the .

Miscellaneous

The VENDEE shall only have the right to take possession over the property only after
the execution of the Deed of Absolute Sale by the parties.

This agreement shall inure to the benefit of, and be binding upon the parties hereto and
their respective heirs and assigns;

If any part of this agreement shall be deemed to be unenforceable or unlawful by a court

of competent jurisdiction, such termination shall have no effect on the validity and
enforceability of the other terms and conditions of this Agreement, and the challenged term shall
be deemed deleted;

This Agreement constitutes the entire agreement between the parties and supersedes all
prior statements, representations and agreements on this subject matter.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
day of at .

VENDOR VENDEE

SIGNED IN THE PRESENCE OF:

 ACKNOWLEDGMENT

Republic of the Philippines )

) S.S.

I certify on this date before me, a notary public duly authorized in the city
named above to take acknowledgments, personally appeared . and
with their CTC No. and valid identification with pictures:

CTC and Valid Identification

Card with Picture
Name Date and Place of Issue

who are known to me/were identified by me through competent evidence of identity to be the same
persons described in the foregoing CONTRACT TO SELL, who acknowledged before me that their
respective signatures on the instrument were voluntarily affixed by them for the purposes stated therein,
and who declared to me that they have executed the instrument as their free and voluntary act.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on the day,
year and place above written.

Doc. No. ;
Page No. ; Notary Public
Book No. ;
Series of 2010.