CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and
between:

JUAN DELA CRUZ of legal age, Filipino, single, with residence and postal address
at _________________________, Pasay City, Philippines, hereinafter referred to as
the SELLER;

-AND-

_________________________, of legal age, Filipino, married to, ___________________with

residence and postal address at _________________________, Muntinlupa City, Philippines,
hereinafter referred to as the BUYER.

WITNESSETH;

WHEREAS, the SELLER is the absolute and registered owner of the following
properties, issued by the Registry of Deeds of Pasay City, hereby described as follows:

WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the
above-described properties under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of the following
properties listed below in Philippine Currency:

and of the covenants herein after set forth the SELLER agrees to sell and the BUYER
agree to buy the aforesaid properties subject to the following terms and conditions:

1. The total consideration shall be the total contract price of the properties listed
above, payable through CASH as follows:

1.1 Earnest money deposit of the properties shall be payable upon execution of this
Contract to Sell and shall be considered part of the total Contract price and shall be
paid on October 05, 2019, hereby described as follows:

1.2 The remaining balance of the properties shall be paid on December 05, 2019,
hereby described as follows:
1.3 In case the BUYER could not fulfill any of their obligation stated in this Contract To
Sell, such as failure of payment of the remaining balance, the earnest money shall be
forfeited in favor of the SELLER.

2. Possession to the subject properties shall be delivered by the SELLER to

the BUYER upon full payment of the total consideration and the execution by the
parties of the Deed of Absolute Sale as well as its notarization;

3. The SELLER shall give 5% of the agreed selling price as broker’s commission for
the applicable unit;

4. Real Property Tax prior to the execution of this Contract to Sell, shall be for the
account of the SELLER;

5. Real Property Tax upon the execution of this Contract to Sell, Capital Gains Tax,
Documentary Stamp Tax, shall be for the account of the BUYER;

6. Transfer Tax and all other taxes accruing on the above-described properties after
the execution of this Contract to Sell, shall be for the account of the BUYER;

7. Registration expenses, processing costs and all other miscellaneous fees to

transfer the title, shall be for the account of the BUYER;

8. In case the SELLER could not fulfill any of the obligations stated in this Contract
to Sell, the BUYER shall be entitled to a full refund;

IN WITNESS WHEREOF, I have hereunto set my hand this _______________ at

_________________, ___________, Philippines.

_______________________________ _________________________________
SELLER BUYER

WITH MARITAL CONSENT:

 _______________________________

BUYER’S SPOUSE

SIGNED IN THE PRESENCE OF:

_______________________________ _______________________________

WITNESS WITNESS
 ACKNOWLEDGEMENT

Republic of the Philippines)

_________________________) S.S

This_______ day of _______ 2019 at _________________, Philippines, personally appeared

before me the following:

NAME TIN NO./DL NO. DATE/PLACE ISSUED

This instrument, consisting of 5 pages, including the page on which this

acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.

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

Notary Public

Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.