What Is A DEED OF SALE

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

DEED OF SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Sale is made and entered into this [Date], by and between:

[Name of Seller], of legal age, Filipino, married to [Name of Seller's Spouse], with residence at [Address
of Seller], hereinafter referred to as the "SELLER";

-AND-

[Name of Buyer], of legal age, Filipino, married to [Name of Buyer's Spouse], with residence at [Address
of Buyer], hereinafter referred to as the "BUYER";

WITNESSETH, that -

WHEREAS, the SELLER is the registered owner of a parcel of land located at [Address of the Property],
covered by Transfer Certificate of Title No. [TCT Number], with an area of [Area of the Property] square
meters, more or less, and more particularly described as follows:

[Description of the Property]

WHEREAS, the BUYER has offered to purchase the said property, and the SELLER has agreed to sell the
same under the terms and conditions hereinbelow set forth;

NOW, THEREFORE, for and in consideration of the sum of [Purchase Price in Words] (PHP [Purchase Price
in Numbers]), Philippine Currency, the receipt and sufficiency of which are hereby acknowledged by the
SELLER to the full satisfaction of the BUYER, the SELLER hereby SELLS, TRANSFERS, and CONVEYS, by way
of absolute sale, unto the BUYER, his/her heirs and assigns, the above-described property, free from all
liens and encumbrances of whatever nature.
The BUYER hereby acknowledges that he/she has personally inspected the said property and accepts the
same "AS IS, WHERE IS," subject to such servitudes, rights of way, and other easements as may lawfully
exist.

The SELLER hereby warrants that he/she is the lawful owner of the property and that he/she has the
right to sell the same, and that the said property is free from all liens, encumbrances, and adverse claims
of whatever nature.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this [Date] at [Place of
Execution].

(Signatures of Seller)

Seller

(Signatures of Buyer)

Buyer

SIGNED IN THE PRESENCE OF:

Witness Witness

ACKNOWLEDGMENT

Republic of the Philippines)

) SS.

City/Municipality of _____________)

BEFORE ME, a Notary Public for and in the above jurisdiction personally appeared:
Name Residence Certificate No. Date/Place Issued

[Name of Seller] [Residence Certificate Number] [Date/Place of Issuance]

[Name of Buyer] [Residence Certificate Number] [Date/Place of Issuance]

Known to me to be the same persons who executed the foregoing instrument and they acknowledged to
me that the same are their free and voluntary act and deed.

This instrument refers to a Deed of Sale consisting of [Number of Pages] pages, including the page on
which this acknowledgment is written, and has been signed on each and every page thereof by the
concerned parties and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal this [Date] at [Place of
Notarization].

Notary Public

Doc. No. _______;

Page No. _______;

Book No. _______;

Series of _______;

Please note that this is just a sample template. It's essential to consult with a legal professional to ensure
that all legal requirements and provisions specific to your situation and jurisdiction are properly
addressed in the deed of sale.

You might also like