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Sales Individual Assignment

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Reyne Yusi
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0% found this document useful (0 votes)
19 views2 pages

Sales Individual Assignment

Uploaded by

Reyne Yusi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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YUSI, REYNE L.

A333
Business Laws and Regulations
A. Take a picture, screenshot or scan the hard copy of the Deed of Sale and attach
it to your assignment submission. Attach the Word file, JPEG file or PDF file in
case of online samples.

Retrieved from: https://www.slideshare.net/saadudinzainal/deed-of-sale-with-right-to-repurchase


YUSI, REYNE L.
A333
Business Laws and Regulations
B. Next, Identify the parties to the sale based on the sample you have with you.
In the above deed of sale, the vendor/seller is Eliezar O. Bravo. The
vendee/buyer is Evangeline G. Clata.

C. Identify the object or subject matter of the sale.

The subject matter or object in the deed of sale given above is a parcel of
land identified as Lot 1487-L-B-3, Psd-11202402-038612, being a portion of Lot
1487-L1-B, Ps 11-007651, located in Purok 4C IPA Hills Ilang, City of davao,
Island of Mindanao, with an area of One hundred Square meter, mol. Covered by
Transfer Certificate of Title No. T-211215 registered in the registry of deed,
Davao City.

D. Identify the cause or consideration of the sale.

The consideration given by the vendee was a sum of SEVENTY


THOUSAND (PHP 70,000.00). The vendor on the other hand, sells, cedes and
transfer, by the way of absolute deed of sale, the parcel of land, free from all
liens and encumbrances of whatever nature and kind, including whatever
improvement found thereon.

E. Brief summary of the transaction entered into by the parties.


The given deed of sales shows that, Evangiline G. Clata, the vendee,
agreed to purchase Eliezar O. Bravo, the vendor’s parcel of land, identified as
Lot 1487-L-B-3, Psd-11202402-038612, being a portion of Lot 1487-L1-B, Ps 11-
007651, located in Purok 4C IPA Hills Ilang, City of davao, Island of Mindanao,
with an area of One hundred Square meter, mol. Covered by Transfer Certificate
of Title No. T-211215 registered in the registry of deed, Davao City, with the
consideration amounting to PHP 70,000.00.

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