Contract To Sell

CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this _____ day of August, ______by and
between:
_____________, of legal age, married to ___________, Filipino, and with residence and
postal address at _______________________________________ hereinafter referred to as
the "SELLER/VENDOR";
-AND-
____________________, of legal age, married to __________________ Filipino and

with residence and postal address at __________________________________hereinafter
referred to as the "BUYER/VENDEE".
WITNESSETH;
WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a residential

condominium unit (Unit for brevity) designated as ____(unit no)___________ with an area of
__________________, more or less, _______________ of
_________(condoname)_______________ CONDOMINIUM _______(address)__________
and covered by Condominium Certificate of Title No. _____________ issued by the Registry of
Deeds of City of Manila;
WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has
agreed to sell the above mentioned property under the terms and conditions herein below set
forth;
NOW THEREFORE, for and in consideration of the total sum of

__________________________________ Philippine Currency, and of the covenants herein
after set forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy
the aforesaid property subject to the following terms and conditions:
1. The total consideration shall be _______(Php: _________) PESOS, Philippine Currency,

payable as follows:
a) The amount of ____________________ (Php_____________) PESOS, representing earnest

money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this
Contract to Sell;
b) The remaining balance in the amount of ___________________ (Php: __________) PESOS,

shall be paid in within ____ months at _______________ (Php: _________) PESOS per month
covered by post-dated checks according to the following schedule of payments:
(insert schedule)
c) In case any checks representing the payment for the balance provided in paragraph b hereof,
is dishonored by the drawee bank, the earnest money in the amount of ___________________
(Php:_________) PESOS, shall be forfeited in favor of the SELLER/VENDOR.
3. Capital Gains Tax, shall be for the account of the BUYER/VENDEE ;
4. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
5. Possession to the subject property shall be delivered by the SELLER/VENDOR to
the BUYER/VENDEE upon full payment of the total consideration;
6. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a DEED
OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall likewise
execute and/or deliver any and all documents, including but not limited to the original copy of
Transfer Certificate of Title, Tax Declaration and all other documents necessary for the transfer
of ownership from SELLER/VENDOR to the BUYER/VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ______ day of
August _______at _________________________, Philippines.
_________________ _________________
Name Name
WITH MARITAL CONSENT:
____________________________ ______________________________
Name of Seller/Vendor's Spouse Name of Buyer/Vendee's Spouse
SIGNED IN THE PRESENCE OF:
__________________________ ____________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.
BEFORE ME, a Notary Public, this ____ day of August _____ personally appeared the
following:
Name Identification Issue Date/Date of Expiry
This instrument refers to a CONTRACT TO SELL, consisting of two (2) pages, including the
page on which this acknowledgment is written, has been signed on the left margin of 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 the day, year and place above written.
Notary Public
Doc. No. ........;

Page No. .......;
Book No. .......;
Series of 20__.

Contract To Sell

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CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

__, of legal age, married to Filipino and

WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a residential

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

1. The total consideration shall be _(Php: ___) PESOS, Philippine Currency,

a) The amount of ________ (Php_) PESOS, representing earnest

b) The remaining balance in the amount of _________ (Php: ) PESOS,

3. Capital Gains Tax, shall be for the account of the BUYER/VENDEE ;

WITH MARITAL CONSENT:

SIGNED IN THE PRESENCE OF:

REPUBLIC OF THE PHILIPPINES)

Name Identification Issue Date/Date of Expiry

Doc. No. ........;

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