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    Deed of Absolute Sale

    Uploaded by

    andrew estimo
    1) Samson J. De Los Reyes agrees to sell two parcels of land, Lot 235 covered by OCT No. P-1327 and Lot 236 covered by TCT No. T-6138, to Estela E. Sommer for PHP 300,000. 2) The deed of absolute sale is signed by both parties and witnessed in July 2007 in Bacolod City to legally transfer ownership of the properties. 3) An acknowledgment receipt is also included, signed by Samson de Los Reyes, acknowledging receipt of PHP 700,000 from Estela Sommer as full payment for the two lots.

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    Deed of Absolute Sale

    Uploaded by

    andrew estimo
    95 views3 pages
    1) Samson J. De Los Reyes agrees to sell two parcels of land, Lot 235 covered by OCT No. P-1327 and Lot 236 covered by TCT No. T-6138, to Estela E. Sommer for PHP 300,000. 2) The deed of absolute sale is signed by both parties and witnessed in July 2007 in Bacolod City to legally transfer ownership of the properties. 3) An acknowledgment receipt is also included, signed by Samson de Los Reyes, acknowledging receipt of PHP 700,000 from Estela Sommer as full payment for the two lots.

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    1) Samson J. De Los Reyes agrees to sell two parcels of land, Lot 235 covered by OCT No. P-1327 and Lot 236 covered by TCT No. T-6138, to Estela E. Sommer for PHP 300,000. 2) The deed of absolute sale is signed by both parties and witnessed in July 2007 in Bacolod City to legally transfer ownership of the properties. 3) An acknowledgment receipt is also included, signed by Samson de Los Reyes, acknowledging receipt of PHP 700,000 from Estela Sommer as full payment for the two lots.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    95 views3 pages

    Deed of Absolute Sale

    Uploaded by

    andrew estimo
    1) Samson J. De Los Reyes agrees to sell two parcels of land, Lot 235 covered by OCT No. P-1327 and Lot 236 covered by TCT No. T-6138, to Estela E. Sommer for PHP 300,000. 2) The deed of absolute sale is signed by both parties and witnessed in July 2007 in Bacolod City to legally transfer ownership of the properties. 3) An acknowledgment receipt is also included, signed by Samson de Los Reyes, acknowledging receipt of PHP 700,000 from Estela Sommer as full payment for the two lots.

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    DEED OF ABSOLUTE SALE

    KNOW ALL MEN BY THESE PRESENTS:


    This Deed of Absolute Sale, entered into this ___ day of July, 2007, in
    Bacolod City, Negros Occidental, by and between SAMSON J. DE LOS REYES,
    of legal age, Filipino, married to Milagros F. De los Reyes, and a resident of Brgy.
    Bunga, Don Salvador Benedicto, Negros Occidental, hereinafter known as the
    VENDOR; and ESTELA E. SOMMER, of legal age, Filipino, married to Paul J.
    Sommer, a British subject; and a resident of Brgy. Sum-ag, Bacolod City, Negros
    Occidental, Philippines, hereinafter known as the VENDEE:
    WITNESSETH
    That the VENDOR is the absolute and registered owner of a parcel of
    land, more particularly described as follows:
    ORIGINAL CERTIFICATE OF TITLE NO. P-1327
    Lot No. 235, Pls-675
    A parcel of land Lot No. 235, Pls-675, situated in the Barrio of Bunga,
    City of San Carlos, Province of Negros Occidental, Bounded on the SW.,
    and NW., along lines 1-2-3 by Lot 234, Pls-675; on the NE., along line
    3-4 by Northern Negros Forest Reserve; on the SE., along line 4-5 by
    Lot 236, Pls-675; and on the SW., along line 4-5 by Lot 236, Pls-675;
    and on the SW., along line 5-1 by Lot 233, Pls-675. Containing an area
    of FOUR HECTARES AND SIX ARES (4.06 Has.).---

    -AndTRANSFER CERTIFICATE OF TITLE NO. T-6138


    Lot No. 236, Pls-675
    Beginning at a point marked 1 of Lot No. 236 of Pls-675, being N. 6043W., 19930.54 m. from BLLM-1, Pls-675, thence N. 50-46E., 86.22 m.
    to pt. 2; S. 65-43E., 100.99 m. to pt. 3; S. 48-55 W.,102.81 m. to pt. 4; N.
    56-09W., 97.95 m. to pt. 1; point of beginning; Containing an area of
    EIGHT THOUSAND SEVEN HUNDRED AND SIXTY (8,760) square
    meters. ----

    That the VENDOR agrees to sell the above-described parcel of land in favor
    of the herein VENDEE, and that latter likewise agrees to buy the same;
    NOW THEREFORE, for and in consideration of the sum of THREE
    HUNDRED THOUSAND (Php 300,000.00) PESOS, Philippine Currency, receipt
    of which in full is hereby acknowledged and confessed by the herein VENDOR to
    his entire satisfaction, the VENDOR hereby sells, transfers and conveys unto the
    VENDEE, its heirs, successors and assigns the aforementioned property free from
    all liens and encumbrances.

    IN WITNESS WHEREOF, the parties have hereunto affixed their respective


    signatures, this ____ day of July, 2007 at Bacolod City, Philippines.
    SAMSON J. DE LOS REYES
    Vendor

    ESTELA E. SOMMER
    Vendee

    With Marital Consent:


    MILAGROS F. DE LOS REYES
    Wife
    SIGNED IN THE PRESENCE OF:
    Edna F. Garcia

    Neil Oliver Esacamos

    ACKNOWLEDGEMENT
    REPUBLIC OF THE PHILIPPINES)
    CITY OF BACOLOD - - - - - - - - - ) S.S.
    X-----------------------)
    BEFORE ME, Notary Public, this ____ day of July, 2007 at Bacolod City,
    Philippines, personally appeared Mr. Samson J. De Los Reyes with Residence
    Certificate No. 17966254 issued in Don Salvador Benedicto, Negros Occidental,
    dated January 29, 2007, and Mrs. Estela E. Sommer with Residence Certificate No.
    13005294, issued in Bacolod City dated July 20, 2007, known to me to be the same
    persons who executed the foregoing instrumental and they acknowledge that the
    same is their free act and voluntary deed.
    This instrument consisting of two (2) pages, including this page where the
    acknowledgement is written is duly signed by the party together with her
    instrumental witnesses, and it refers to an absolute deed of sale affecting Lot No.
    236, Pls-675 of Don Salvador Benedicto Cadastre.
    WITNESS MY HAND AND SEAL, this ____ day of July, 2007 at Bacolod
    City, Negros Occidental, Philippines.

    Doc. No. ____


    Page No. ____
    Book No. ____
    Series of 2007.

    ACKNOWLEDGEMENT RECEIPT

    RECEIVED FROM MRS. ESTELA E. SOMMER the amount of SEVEN HUNDRED


    THOUSAND PESOS (P 700,000.00) as full and complete payment for Lot Nos. 235-Pls-675 and
    Lot No. 236-Pls-675 situated in the Barangay Bunga, Don Salvador Benedicto, Negros
    Occidental and respectively covered by OCT No. P-1327 and TCT No. T-6138, both of the land
    records of the Province of Negros Occidental.
    July ___, 2007, Bacolod City, Philippines.

    WITNESSED:
    SAMSON J. DE LOS REYES

    Edna F. Garcia
    MILAGROS F. DE LOS REYES
    Vendor

    Neil Oliver Esacamos

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