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DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF DONATION made and executed in _____________, Philippines, by ____________, of legal age, single/married to ____________, Filipino citizen and with residence and postal address at _________________, hereinafter called the DONOR - in favor of ___________________, of legal age, single/married to ______________, Filipino citizen and with residence and postal address at _______________, hereinafter called the DONEE.

WITNESSETH:

WHEREAS, the Donor is the absolute owner of that certain real property situated at ____________ and more particularly described as follows: (Description of the Property) NOW THEREFORE, for and in consideration of the love and affection of the Donor for the Donee (and for the faithful services the latter has rendered in the past to the former), the said Donor by these presents hereby cedes, transfers, and conveys, by way of donation, unto said Donee the real property above described, together with all the buildings and improvements existing thereon, free and clear of all liens and encumbrances. That the Donor hereby states that, for the purpose of giving effect to the donation, he has reserved for himself in full ownership sufficient property to support him in a manner appropriate to his needs.

ACCEPTANCE

That the Donee hereby accepts the foregoing donation of the above-described property for which he/she expresses his/her sincerest appreciation and gratitude for the kindness and liberality shown by the Donor. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands at the place first above written, on this _____ day of _____, 20__.

____________________________ (Donor) Accepted:

__________________________ (Donee) Signed in the presence of:

__________________________

___________________________

ACKNOWLEDGMENT

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