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This Contract to Sell is entered by and between

___________________, of legal age, _________, _________ and a resident of


______________________, hereinafter referred to as the VENDOR

-and-

_______________________ and _____________________, of legal age, _____________ and residents


of ___________________________________________, hereinafter referred to as the VENDEES, herein
hereto attached as Annex “A”.

WITNESSETH:

WHEREAS, the VENDOR was given FULL SPECIAL POWER OF ATTORNEY thru extra judicial settlement
with waiver of the heirs of ______________, the sole owner of Lot _____________, covered by Transfer
Certificate of Title No. ____________, more particularly described as follows;

TRANSFER CERTIFICATE TITLE No.

_________

“____________________________________”

WHEREAS, the VENDEE has offered to buy the portion of the above-mentioned property with an area of
___________________________ of the above-mentioned property and the VENDOR has agreed to sell
the same;

NOW THEREFORE, for and in consideration of the sum of ______________________________________,


and of the covenants hereinafter set forth, the VENDOR agrees to sell and the VENDEES agree to buy the
above-described parcel of land subject to the following terms and conditions:

1. That the VENDEES shall pay the VENDOR the sum of ________________________________- upon the
execution of this contract and the VENDOR shall undertake to transfer the Title to her name.

2. That after the Title has been transferred by the VENDOR, she will execute a Deed of Absolute Sale in
favor of the VENDEES. The VENDEES shall use the same Title as collateral to the bank and upon release
of the money as proceeds of the loan, the hereinafter VENDEES shall pay the remaining amount of
______________________________________________-.to the VENDOR

3. Granting the application for loan in a bank is denied, the VENDEES shall undertake to pay the VENDOR
the amount of ____________________________________________________.

4. The VENDEES shall take possession of the said lot upon full payment of the purchase price.
5. All the taxes and expenses for the transfer of the title shall be shouldered by the herein VENDEES.

IN WITNESS WHEREOF, the parties have hereunto set our hands this_____________________ at City of
________.

____________________________

Vendor

Spouses

_______________________________

Vendee

___________________________________

Vendee

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