Deed of Absolute Sale of Portion of Land
Deed of Absolute Sale of Portion of Land
Deed of Absolute Sale of Portion of Land
FRANCIS LEO C. ZALDIVAR, of legal age, single, Filipino and a resident of G.B. Zaldivar
Street, Poblacion, Albuera, Leyte, Philippines, hereinafter referred to as the SELLER;
- and -
VERNELYN L. MARTINITO, of legal age, Filipino and with residence and postal address
at Albuera, Leyte, hereinafter referred to as the "BUYER/VENDEE".
WITNESSETH:
1. That the SELLER is one of the heirs of the late Geronimo B. Zaldivar and a co-owner of a
parcel of land covered and embraced by Transfer Certificate of Title (TCT) No. T-35739 consisting
of ONE HUNDRED EIGHTY NINE THOUSAND THREE HUNDRED SEVENTY (189,370) square
meters, more or less, described as follows, to wit:
“A parcel of land (Lot 1-B of the subdivision plan (LRC) Psd-170563 being
portion of Lot 1, Psu-136426, L.R.C. Cad. Record No. N-8581), situated in
the Barrio of Talisayan, Municipality of Albuera, Province of Leyte, Island of
leyte. Bounded on the NE, points 1 to 2 by Property of Guillermo Ariño;
points 2 to 3 by Talisayan School Site; on the SE & E, points 3 to 6 by
Property of Adelaida Vda de Fian; on the SW & SE, points 6to 8 by Property
of Donato Competente; on the SW & SE points 8 to 14 by Property of Teofilo
Flores x x x x containing an area of ONE HUNDRED EIGHTY NINE
THOUSAND THREE HUNDRED SEVENTY (189,370) square meters, more or
less, covered by Transfer Certificate of Title (TCT) No. T-35739 in the name
of Geronimo B. Zaldivar.”
2. That the SELLER is willing to sell his share on the above – described parcel of land, and
the BUYER are ready and willing to buy the same;
3. That for and in consideration of the sum THREE HUNDRED THOUSAND PESOS (PHP
300,000.000) only, Philippine Currency, paid in cash by the BUYER, receipt in full thereof is
acknowledged by and to the full satisfaction of the SELLER, the latter does by these presents
hereby SELLS, CEDES, TRANSFERS and CONVEYS in a manner absolute and irrevocable unto the
BUYER, his heirs and assigns, the SELLER’S undivided portion with an area of TWO HUNDRED
FIFTY (250) square meters only, more or less, free from all kinds of liens and encumbrances
whatsoever,
VERNELYN L. MARTINITO
Buyer/ Vendee
________________________________ __________________________________
ACKNOWLEDGMENT
BEFORE ME, this ____ day of _____________, at Ormoc City, Leyte, Philippines, personally
appeared:
Known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same are their free act and deed.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Official Seal on the
date and place first above written.
Doc. No._____;
Page No. _______;
Book No._____;
Series of ________.