Sure, here’s a basic sample of a Deed of Absolute Sale for real estate in the Philippines. It’s important to note that this is only a simple example and you should seek legal advice to ensure that any real estate transaction complies with local laws and regulations. This document does not include all possible terms and conditions that may be relevant to a real estate transaction.
DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
This DEED OF ABSOLUTE SALE is made, executed and entered into by:
(1) ___ (Seller’s Full Name), of legal age, single/married to ___, Filipino, and with residence and postal address at ___, hereinafter referred to as the SELLER;
- AND –
(2) ___ (Buyer’s Full Name), of legal age, single/married to ___, Filipino, and with residence and postal address at ___, hereinafter referred to as the BUYER;
WITNESSETH THAT:
WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at ___ and covered by Transfer Certificate of Title No. ___ issued by the Registry of Deeds for ___;
WHEREAS, the SELLER agrees to sell and the BUYER agrees to buy the above-mentioned property under the terms and conditions herein below set forth;
NOW THEREFORE, for and in consideration of the total sum of ___(amount in words), Philippine Currency, receipt whereof is hereby acknowledged by the SELLER from the BUYER, the SELLER DOES HEREBY SELL, TRANSFER, and CONVEY, in a manner absolute and irrevocable, the above-mentioned property unto the BUYER, his heirs and assigns;
The SELLER warrants that the above-mentioned property is free from all liens and encumbrances and that he will defend the title and right of the BUYER from any claims of whatever kind or nature from third parties;
IN WITNESS WHEREOF, the parties hereunto set their hands this _ day of , 20__, at ______, Philippines.
Seller’s Full Name
Buyer’s Full Name
SIGNED IN THE PRESENCE OF:
Witness
Witness
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES
CITY OF _______
SS.
Before me, a Notary Public, this _ day of , 20_, personally appeared the above-named parties, with their respective Community Tax Certificates, known to me and to me known to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free and voluntary act and deed.
Notary Public
Doc. No. ; Page No. ;
Book No. ;
Series of 20_.
Again, it is advised to seek legal advice when drafting such documents to ensure all terms and conditions are properly covered, and all legal requirements are met.