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Deed of Sale

The document is a Deed of Absolute Sale between Spouses Clarmanette and Lloyd Apostol (the Vendors) and Gail L. Avila (the Vendee). The Vendors are selling a 800 square meter property located in Malolos, Bulacan identified in the Original Certificate of Title No. O-167 to the Vendee for PHP 2,000,000. The Vendors warrant that the property is free from all liens and encumbrances and is not subject to any claims that would prevent the Vendee from obtaining full ownership. All parties have signed the agreement in the presence of witnesses.

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Ira Comia Soguilon
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107 views3 pages

Deed of Sale

The document is a Deed of Absolute Sale between Spouses Clarmanette and Lloyd Apostol (the Vendors) and Gail L. Avila (the Vendee). The Vendors are selling a 800 square meter property located in Malolos, Bulacan identified in the Original Certificate of Title No. O-167 to the Vendee for PHP 2,000,000. The Vendors warrant that the property is free from all liens and encumbrances and is not subject to any claims that would prevent the Vendee from obtaining full ownership. All parties have signed the agreement in the presence of witnesses.

Uploaded by

Ira Comia Soguilon
Copyright
© Attribution Non-Commercial (BY-NC)
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You are on page 1/ 3

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made and executed on February 21, 2010 at Manila,
Philippines by:

SPOUSES CLARMANETTE AND LLOYD APOSTOL, of legal age, Filipinos and


with address at 222 Mapagmahal St., Malate Manila, hereinafter referred to as VENDOR;

-- in favor of --

GAIL L. AVILA, of legal age, Filipino and a resident of 111 Masaya St., Sampaloc,
Manila hereinafter referred to as VENDEE;

WITNESSETH: THAT --

WHEREAS, the VENDOR is the absolute owner of parcel of land, located at Malolos,
Bulacan, containing an area of 800 SQUARE METERS, identified as Lot No. 1012 and covered
by Original Certificate of Title No. O-167 of the Registry of Deeds for the Province of
Bulacan.

ORIGINAL CERTIFICATE OF TITLE No. 0-167

A parcel of land (Lot 1012 of consolidation subdivision plan (LRC) Pcs-13265,


being a portion of the consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533, Lot 3,
Psd-100703, Lot 1, Psd-150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782,
N-13466, and 21071 situated in Malolos City, Province of Bulacan, Is. of Luzon. Bounded on N.,
point 4 to 1 by Road Lot 22, on the E, points 2 to 3 by Road Lot, on the S., points 3 to 4 by Lot
1014; and on the W., points 4 to 5 by Lot 1011; points 5 to 6 by Lot 1015. Beginning at a point
marked “1” on the plan, being N. 14 deg. 20’E., 58 m

WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed to buy the
PROPERTY at the price and under the terms and conditions set forth herein below;

NOW, THEREFORE, for and in consideration of the foregoing premises and of the
stipulations hereinafter provided, the parties hereto agree as follows, to wit:

Section 1. ABSOLUTE SALE AND PURCHASE

a. SALE AND PURCHASE - For and in consideration of the Purchase Price received by
the VENDOR, said VENDOR does hereby absolutely and irrevocably SELL, TRANSFER and
CONVEY to the VENDEE, its administrators or assigns, and VENDEE does hereby
PURCHASE from the VENDOR in consideration of the latter’s covenants, representations and
warranties, the PROPERTY together with all the rights, titles and interests of the VENDOR over
and in the said PROPERTY.

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b. CONSIDERATION - The Purchase Price for the sale to the VENDEE of the
PROPERTY is TWO MILLION (Php. 2,000,000.00), Philippine currency, receipt of which is
hereby acknowledged by the VENDOR to his entire satisfaction.

Section 2. REPRESENTATIONS AND WARRANTIES

a. The VENDOR hereby warrants that the PROPERTY is, and shall continue to be, free and
clear of all liens and encumbrances or claims whatsoever and, is and shall continue to be, not
subject to any claim, set-off, easement or defense which will prevent the BUYER from obtaining
full and absolute ownership in fee simple over the PROPERTY and full possession of the same.

b. The PROPERTY is not involved in any pending or threatened litigation or case brought
before a court or any administrative body.

IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures on
the date and at the place first above written.

CLARMANETTE APOSTOL LLOYD APOSTOL


Vendor Vendor

GAIL L. AVILA
Vendee

SIGNED IN THE PRESENCE OF:

________________________________ ________________________________
GINO CARLO CRUZ LEIRA TARUC-BATALLA

2
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


City of Manila ) SS.

BEFORE ME, a Notary Public for and in the City of___________________, personally
appeared:

Name CTC Number Date/Place Issued


Clarmanette Apostol 12985775 June 1, 2010/ Manila
Lloyd Apostol 13853953 June 1, 2010/ Manila
Gail L. Avila 56839217 June 30, 2010/ Manila

Known to me and to me known to be the same person who executed the foregoing instrument
and acknowledged to me that the same are their free act and voluntary deed.

WITNESS MY HAND AND SEAL on this 21at day of July 201 at Manila.

ATTY. NOL CERA


Notary Public for Manila
Unit 2, Paseo Building, Manila
Appointment No. 234
IBP No. 2356; 02/01/10 – Manila
PTR No. 2874; 02/01/10 – Manila
Roll No. 6445; 02/01/10 – Manila
MCLE no. I – 894320; 8/24/09
Serail No. of Commission M-584

Doc. No. 4;
Page No. 3;
Book No. 5;
Series of 2010

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