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Description General Instruction: As an application of what has been learned in the unit, you are required to prepare a simple and basic contract of
Description General Instruction: As an application of what has been learned in the unit, you are required to prepare a simple and basic contract of your choice according to the form and substance required by law. For this purpose, a sample format is provided in the READ portion of ICON 2 with the caption TEMPLATE OF DEED OF SALE. While you are allowed to adopt stipulations as an indication of the voluntary and consensual nature of the agreement, however, use your name as one of the contracting party, while adopting a ctitious name and personal circumstances of the other party. Likewise, bear in mind the essential requisites for validity, enforceability and for convenience of parties in the execution of your contract of choice. 20:20 | 153KB/s 87 TEMPLATE DEED OF SALE.... . . . DEED OF SALE KNOW ALL MEN BY THESE PRESENTS: I, (Full name of vendor) Filipino, single/married to of legal age, with residence and post- office address at for and in consideration of the sum of_ PESOS (P _), Philippine currency, to me in hand paid by (Full name of vendee), Filipino, of legal age, with residence and post-office address at. do hereby SELL, TRANSFER, and CONVEY, absolutely and unconditionally, unto the said his/her heirs and assigns, that certain parcel (or parcels) of land, together with the buildings and improvements thereon, situated in (city or municipality, and province), and more particularly described as follows, to wit: (Description of the property) of which I am the registered owner in free simple in accordance with the Land Registration Act, my title thereto being evidenced by Transfer (or Original) Certificate of Title No. is issued by the Register of Deeds of _ It is hereby mutually agreed that the vendee shall bear all the expenses for the execution and registration of this deed of sale. IN WITNESS WHEREOF, I have hereunto signed this deed of sale, this day of , 19. _ at (city or municipality), Philippines. (Vendor) With my consent: (Vendor's wife) SIGNED IN THE PRESENCE OF: Witness) (Witness) ACKNOWLEDGEMENT Republic of the Philippines ) City of ) S.S BEFORE ME, a Notary Public in the City of this _day of 2021, personally appeared: Names Valid ID Presented Date and Place of Issue 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 act and deed,IN WITNESS WHEREOF, I have hereunto signed this deed of sale, this _ day of 19_, at (city or municipality), Philippines. (Vendor) With my consent: (Vendor's wife) THE PRE (Witness) (Witness) ACKNOWLEDGEMENT Republic of the Philippines ) City of _ S.S BEFORE ME, a Notary Public in the City of this_ _ day of 2021, personally appeared Names Valid ID Presented Date and Place of Issue 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 act and deed. This instrument, consisting of ( ) pages, including the page on which this acknowledgment is written, has been signed on the left margin on each and every page thereof by and his witnesses, and sealed with my notarial seal. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on the day, year and place first above-written. Atty Notary Public for Commission Serial No. Until Dec. 31, Office Address Roll of Attorney No. PTR No._/Issued at_/on IBP NO._/date/place issued) Doc. No._ Page No._ Book No._ Series of 2021
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