DEED OF ABSOLUTE SALE

(with conditions)

KNOW ALL MEN BY THESE PRESENTS:

This Deed, made and executed this 18th day of August 2014 in the City
of _____________, by and between:

(Company/Name), a domestic corporation with address at

(Address), and represented in this Deed by its President,
(Name), as described in ____ (description of documents
Secretarys Certificate and SPA) , hereinafter referred to as the
"SELLER";

- and -

(Name), single, of legal age, Filipino, with residential address at

_____________________________________________, hereinafter referred
to as the "BUYER";

(The SELLER and the BUYER shall be collectively referred to as the Parties);

WITNESSETH: That -

WHEREAS, the SELLER is the legal, absolute and registered owner of

the property located at (Address), a parcel of land lot with a residential
single-storey building as improvement and covered by (Transfer
Certificate of Title No.) issued by the Registry of Deeds for (City); with the
following Technical Description, hereinafter referred to as the Property*;

(Copy technical description in title here)

WHEREAS, the SELLER is willing to sell and BUYER intends to buy the
Property as her new primary and/or principal residence and all the rights and
interests pertaining thereto under the terms and conditions set forth herein;

NOW, THEREFORE, for and in consideration of the sum of (Amount

in Words) (Amount), payable in (how long will it take) installment, as per
schedule below, the SELLER DOES HEREBY SELL, TRANSFER, and CONVEY by
way of Absolute Sale unto the BUYER, her heirs, assigns and successors-in-
interest, the Property, and the Buyer accepts, acquires and received the
property by way of purchase from the Seller, as her new primary and/or
principal residence, free from all liens and encumbrances of whatever nature,
including real estate taxes as of the date of this sale.

1. Schedule of Payments: - (a) At the time of the signing of this

Deed, the Buyer is paying and the Seller is acknowledging actual receipt of
the first installment payment of Amount in words (Amount);
- (b) Upon actual delivery of the owners
duplicate of copy of the (Transfer Certificate of Title No.) issued by the

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(Registry of Deeds of ______ City) in the name of the Seller, the buyer shall
pay the second and final installment of (Amount in words) (Amount);
provided that the Seller undertakes to deliver the said owners duplicate of
TCT No. 175052 within a period of fifteen (15) days from the receipt of the
first installment; provided further in the event that the Seller fails and or
refuses to deliver to the buyer the said owners duplicate of TCT No. 175052,
the Buyer shall have the option, in addition to other reliefs allowed by law
and available to the Buyer, to either rescind this Deed whereby the Seller
shall be obliged to return to the Buyer the amount of the first installment in
par. 1(a) plus P500,000.00 as liquidated damages, or use the amount for the
second installment to secure a second owners duplicate copy of TCT No.
175052 for purposes of completion of this sale and registration; provided
further that any residual amount after expenses to secure the second
owners duplicate copy of TCT No. 175052 shall be forfeited in favor of the
Buyer without any obligation on the part of the Buyer to remit or account;
provided furthermore that, for purposes of being able to secure the second
owners duplicate copy of TCT No. 175052, the Buyer is herein expressly and
irrevocably appointed as the attorney-in-fact and authorized representative
of the Seller as if with consideration before any court or government office,
with power to appoint substitute attorneys-in-fact and substitute authorized
representatives in order to complete the endeavor; and provided finally that
upon failure of the Seller to give, surrender, deliver or refusal to give
surrender and/or deliver within fifteen (15) days from receipt of the first
installment described in par1(a), the Buyer is hereby expressly and
irrevocably appointed as the Sellers primary Attorney-in-fact and authorized
representative to take possession of the Property, even against any person
acting under the instructions and tolerance of the Seller, without prejudice to
any relief authorized by law.

2. Payment of taxes and fees. - The SELLER hereby undertakes to pay

the capital gains taxes, notarial fees and realty estate taxes, utilities bills,
subdivision association dues and assessments, and other government and
private fees, that may be due up to the time the property is turned to over
the BUYER, which shall not be later than 30 days from the payment of the
first installment described in par. 1(a); and the BUYER shall pay for the
documentary stamps taxes, transfer fees, and registration fees for the
registration of the title in the BUYERs favor.

3. Venue. - Any suit or legal dispute arising from this transaction or

Deed shall be filled only before the government offices or courts of (City), to
the exclusion of all other venues.

IN WITNESS WHEREOF, the parties have hereunto set their hands on

the date and at the place first written above.

(NAME) (NAME)
SELLER BUYER
TIN: ______________________ TIN: ____________________

SIGNED IN THE PRESENCE OF:

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 ____________________________________ ____________________________________

____________________________________ ____________________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

_______________________________ ) S.S.

BEFORE ME, this ____ day of _______ 2014, in ____________, personally

appeared:

Official
Identificat Date/Plac
Name Issuing
ion e Issued
Agency
________________________

________________________

known to me and to me known to be the same persons who executed the

foregoing instrument and they acknowledge to me that the same is their free
and voluntary act and deed.

This instrument refers to a DEED OF ABSOLUTE SALE, which consists of

______(___) pages, including this page whereon this acknowledgement is
written, and which is signed by the parties and their instrumental witnesses.

WITNESS MY HAND AND SEAL on the date and at the place first
written above.

Doc. No. ;
Page No. ;
Book No. ;
Series of 2014.