Deed of Absolute Sale of a Condominium Unit and Parking Unit

D e e d o f A b s o l u t e S a l e P a g e | 1 of 2 DEED OF ABSOLUTE SALE OF A CONDOMINIUM UNIT AND PARKING UNIT

KNOW ALL MEN BY THESE PRESENTS: This DEED OF SALE is made and executed by and between:

__________________, of legal age, married, Filipino citizen and a resident of No. ________________________, Philippines, hereinafter referred to as the VENDOR; -and_____________________, of legal age, single, Filipino citizen, and a resident of of Basco, Batanes, Philippines, hereinafter referred to as the VENDEE;

W I T N E SS E T H: That the VENDOR is the registered owner of a certain condominium covered by Condominium Certificate of Title No. 6505 and its parking unit covered by a Condominium Certificate of Title No. 6506 located at Sucat Paranaque City, Philippines.

That the condominium unit and the parking unit are described as follows: Condominium Certificate of Title No. 6505 Westmont Village Republic Act No. 4726 Unit B2-10-4-D2-2 A residential unit located at the 4th Floor of Bldg. II, Cluster -10 of “Westmont Village” containing an area of SEVENTY ONE SQ. METERS AND SEVENTY FIVE SQ. DECIM. More or less.

Condominium Certificate of Title No. 6506 Westmont Village Republic Act No. 4726 Parking Unit No. 396: A parking unit located at the ground floor of Westmont Village containing an area of FIFTEEN SQUARE METERS (15 SQM), more or less. Copies of these are hereto attached and made part hereof.

D e e d o f A b s o l u t e S a l e P a g e | 2 of 2 That the VENDEE offered to buy and the VENDOR agreed to sell the said condominium unit as well as any and all rights and interest appertaining thereto under the Master Deed with Declaration of Restriction (the “Master Deed”), the Articles of Incorporation and the By-Laws of the Condominium Corporation; That on the one hand, the VENDEE hereby agrees to transfer the said property on his name within one (1) year and at the same time he undertakes to shoulder the expenses involving the Transfer Taxes;

Tax;

And on the other hand, the VENDOR hereby agrees to pay the Capital Gains

That the VENDEE accepts and binds himself to all conditions and restrictions embodied in the Master Deed, the Articles of Incorporation and By-Laws of the Condominium Corporation, and agrees to faithfully observe and comply with the House Rules and Regulations of the Condominium Corporation and any amendment or supplement thereto.

That for and in consideration of the sum of NINE HUNDRED THOUSAND PESOS (P900,000.00), Philippine currency, the VENDOR hereby SELLS, TRANSFERS and CONVEYS unto the VENDEE by way of ABSOLUTE SALE, to his heirs and assigns, the said condominium unit as well as any all rights and interest appertaining thereto under the Master Deed, the Articles of Incorporation and ByLaws of the Condominium Corporation. That the VENDOR hereby warrants that the said condominium unit and its parking unit are free from any liens and encumbrances in favor of any person or entity whatsoever.

IN WITNESS WHEREOF, the parties have hereunto set their hands this __________ day of ____________ 2017 at _________________, Philippines.

_____________________________ Vendor

______________________________ Vendee

SIGNED IN THE PRESENCE OF: ____________________

_______________________

ACKNOWLEDGEMENT BEFORE ME, this __________ day of _______________ 2017, personally appeared the above- named parties with their valid proof of identity as indicated below their names above, known and identified by me through competent evidence. They presented this integrally complete instrument and represented to me that the

D e e d o f A b s o l u t e S a l e P a g e | 3 of 2 signatures on the instrument were voluntarily affixed by them for the purpose stated, declaring that they executed this instrument as their free and voluntary act and deed. This foregoing instrument refers to a Deed of Absolute Sale consisting of two (2) pages including this page on which this acknowledgement is written, signed by the parties and their instrumental witnesses on each page hereof, and they acknowledged to me that the same is their free and voluntary deed. WITNESS MY HAND AND NOTARIAL SEAL.