CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL is made and executed in, ________, Philippines on

this ___ day of __________ 2010 by and between:

___________________, of legal age, Filipino citizen, and resident

of P. Laygo St., Sabang, Lipa City, and hereinafter collectively referred to
as “VENDOR”

-and-

____________________, of legal age, Filipino citizen, with residence and

postal address at _________________, hereinafter referred to as “VENDEE”

WITNESSETH: THAT -

WHEREAS, the VENDOR is the lawful and registered owner of a parcel of land
located at _________________, covered by TCT No. ______________ issued by the
Registry of Deeds for _______________. Such parcel of land is more particularly described
as follows:

(Technical description of the land)

WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell
the above-described parcel of land subject to the terms and conditions hereinafter
sethforth.

NOW THEREFORE, for and in consideration of the foregoing premises and the
payment of the agreed purchase price in the manner and form herein stipulated, the
VENDOR hereby agrees to SELL, TRANSFER and CONVEY unto the VENDEE his heirs,
assigns and successors-in-interest, and the VENDEE hereby agrees to BUY the PROPERTY
subject to the following terms and conditions:

Contract Price:

The contract price for the sale of the PROPERTY shall be Nine Hundred Twenty-
Four Thousand PESOS ( PhP 924,000.00 ), Philippine Currency;

Down Payment:

Upon the execution of this Contract to Sell, the VENDEE shall make an initial down
payment of ___________________________ PESOS (PhP_____________),
Philippine Currency.

Balance of Purchase Price:

 The remaining balance of _________________ PESOS (PhP____________) shall
be paid within ______ (_____) days from the execution of this Contract to Sell.
Execution of Absolute Deed of
Sale and Delivery of
Transfer Tax Title,
Tax Declaration and Tax Clearance Certificate:

Upon completion of payment of the balance purchase price above stipulated and
other obligations set forth hereto, the VENDOR shall execute and deliver to the
VENDEE a final DEED OF ABSOLUTE SALE, CONVEYING, SELLING, CEDING
AND/OR TRANSFERRING the above-described property, free and clear of all liens and
encumbrances except those found therein at the time of the execution of this document,
thereafter the VENDOR shall cause the issuance of Transfer Certificate of Title under the
name of the VENDEE covering the subject parcel of land, it being understood, however,
that expenses for capital gains tax and documentary stamp tax, transfer tax and other
Registration Fees shall be borne exclusively by the _____________.

Miscellaneous

The VENDEE shall only have the right to take possession over the property only
after the execution of the Deed of Absolute Sale by the parties.

This agreement shall inure to the benefit of, and be binding upon the parties hereto
and their respective heirs and assigns;

If any part of this agreement shall be deemed to be unenforceable or unlawful by

a court of competent jurisdiction, such termination shall have no effect on the validity and
enforceability of the other terms and conditions of this Agreement, and the challenged
term shall be deemed deleted;

This Agreement constitutes the entire agreement between the parties and
supersedes all prior statements, representations and agreements on this subject matter.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures

this ___ day of _____________ at ______________.

VENDOR VENDEE

SIGNED IN THE PRESENCE OF:

___________________ _________________
 ACKNOWLEDGMENT
Republic of the Philippines )
) S.S.

I certify on this date________ before me, a notary public duly authorized in the city
named above to take acknowledgments, personally appeared _____________________.
and ______________________ with their CTC No. and valid identification with pictures:

who are known to me/were identified by me through competent evidence of identity to

be the same persons described in the foregoing CONTRACT TO SELL, who acknowledged
before me that their respective signatures on the instrument were voluntarily affixed by
them for the purposes stated therein, and who declared to me that they have executed
the instrument as their free and voluntary act.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on
the day, year and place above written.

Doc. No.________;
Page No.________; Notary Public
Book No.________;
Series of 2010.