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    Covered by TCT No. 109-2016000020) Location

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    awingdanny
    This document is a Deed of Absolute Sale between Spouses Quinciano T. Castro and Lourdes D. Castro (the Vendor) and Spouses Ramuel T. Reambonanza and Ofelia B. Reambonanza (the Vendee). The Vendor agrees to sell a 380 square meter parcel of land in Brgy. Balugo, Dumaguete City to the Vendee for PHP 775,200. The parties acknowledge receipt of payment and the Vendor transfers ownership of the property to the Vendee, free from any liens or encumbrances. The agreement is binding on the parties and their successors.

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    Covered by TCT No. 109-2016000020) Location

    Uploaded by

    awingdanny
    71 views2 pages
    This document is a Deed of Absolute Sale between Spouses Quinciano T. Castro and Lourdes D. Castro (the Vendor) and Spouses Ramuel T. Reambonanza and Ofelia B. Reambonanza (the Vendee). The Vendor agrees to sell a 380 square meter parcel of land in Brgy. Balugo, Dumaguete City to the Vendee for PHP 775,200. The parties acknowledge receipt of payment and the Vendor transfers ownership of the property to the Vendee, free from any liens or encumbrances. The agreement is binding on the parties and their successors.

    Original Title

    D-E-E-D-O-F-A-B-S-O-L-U-T-E-S-A-L-E

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    © © All Rights Reserved

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    This document is a Deed of Absolute Sale between Spouses Quinciano T. Castro and Lourdes D. Castro (the Vendor) and Spouses Ramuel T. Reambonanza and Ofelia B. Reambonanza (the Vendee). The Vendor agrees to sell a 380 square meter parcel of land in Brgy. Balugo, Dumaguete City to the Vendee for PHP 775,200. The parties acknowledge receipt of payment and the Vendor transfers ownership of the property to the Vendee, free from any liens or encumbrances. The agreement is binding on the parties and their successors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    71 views2 pages

    Covered by TCT No. 109-2016000020) Location

    Uploaded by

    awingdanny
    This document is a Deed of Absolute Sale between Spouses Quinciano T. Castro and Lourdes D. Castro (the Vendor) and Spouses Ramuel T. Reambonanza and Ofelia B. Reambonanza (the Vendee). The Vendor agrees to sell a 380 square meter parcel of land in Brgy. Balugo, Dumaguete City to the Vendee for PHP 775,200. The parties acknowledge receipt of payment and the Vendor transfers ownership of the property to the Vendee, free from any liens or encumbrances. The agreement is binding on the parties and their successors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    DEED OF ABSOLUTE SALE

    KNOW ALL MEN BY THESE PRESENTS:

    This Deed of Absolute Sale is entered into by and between:

    SPOUSES QUINCIANO T. CASTRO and LOURDES D. CASTRO, of legal


    ages, American Citizens and with postal address at SOUTHWESTERN
    POBLACION, CALAMBA, MISAMIS OCCIDENTAL PHL 7210, represented
    herein by its duly authorized Attorney-in-fact, MR. DANNY K AWING, as per
    a Special Power of Attorney dated 29 October 2019 whose name and
    signature appears in the signature pages hereof, by the virtue of the powers
    conferred upon him, hereinafter referred to as the VENDOR;

    -and-

    SPOUSES RAMUEL T. REAMBONANZA and OFELIA B. REAMBONANZA, of


    legal ages, Filipino Citizens, and with postal address at Villa Mariano Compd.,
    Dr. V. Locsin St., Taclobo, Dumaguete City, Negros Oriental, hereinafter
    referred to as the VENDEE.

    WITNESSETH:

    WHEREAS, the VENDOR is the absolute and registered owner of a parcel of land known
    as Lot No. 4951-B-4 under Plan No. PSD-07-073229, containing an area of Three Hundred Eighty
    (380) square meters, more or less, located Brgy. Balugo, Dumaguete City, Negros, which is more
    particularly described as follows, to wit—

    Lot No. :4951-B-4


    Plan No. :PSD-07-073229
    Portion of : Lot 4951- B (covered by TCT No. 109-2016000020)
    Location : Brgy. Balugo, Dumaguete City, Negros
    Total Area :380 SQ. M. more or less
    ”
    WHEREAS, the VENDOR offered to sell, transfer and convey all their rights, interests,
    participation and ownership over the above described parcel of land in favor of the VENDEE or his
    assignees to which the latter accepted;

    NOW THEREFORE, for and in consideration of the total sum of SEVEN HUNDRED
    SEVENTY-FIVE THOUSAND TWO HUNDRED PESOS (PHP775,200.00), Philippine currency, which
    price is pegged at TWO THOUSAND PESOS (PHP 2,000.00), Philippine currency per square meter
    plus additional TWO PERCENT (2%) for the Attorney’s fee and processing fee, the receipt of which is
    hereby acknowledged from the VENDEE to the entire satisfaction of the VENDOR, said VENDOR
    hereby sell, cede, transfer, and convey, in a manner which is absolute, unto said VENDEE heirs,
    successors and assigns, absolutely and free from all liens and/or encumbrances, the said parcel of
    land.

    This Agreement shall be valid and binding not only on the parties herein but also on their
    heirs, agents, representatives, successors and assigns.

    IN WITNESS WHEREOF, we have hereunto set our hands this __________________ at


    Cebu City, Philippines.

    The VENDORS:

    SPS. QUINCIANO T. CASTRO and LOURDES D. CASTRO

    1
    Represented By:

    DANNY KIAMCO AWING


    Attorney-in-Fact

    The VENDEE:

    RAMUEL T. REAMBONANZA OFELIA B. REAMBONANZA

    Signed in the presence of:

    __________________________ ____________________________
    Signature over Printed Name Signature over Printed Name

    ACKNOWLEDGEMENT

    REPUBLIC OF THE PHILIPPINES)


    CEBU CITY ) s.s

    I certify that on this date, before me, a notary public duly authorized in the city named above to
    take acknowledgement, personally appeared:

    NAME TIN COMPETENT DATE/PLACE


    EVIDENCE OF ISSUED
    IDENTITY
    DANNY KIAMCO AWING 708-140-353-000 LTO ID No. Cebu
    G05-18-000097
    RAMUEL T. 108-563-903-000 Senior Citizens ID Dumaguete City
    REAMBONANZA No. 28689
    OFELIA B. Senior Citizens ID Dumaguete City
    REAMBONANZA No. 28692

    who are personally known to me and identified by me through competent evidence of identity to be the
    same persons describe in the foregoing instrument, 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 and that they
    have the authority to sign on behalf of their respective principals.

    IN WITNESS WHEREOF, I hereunto set my hands and affix my notarial seal on the date and
    the place above written.

    Doc No. ____;


    Page No. ___;
    Book No. ___;
    Series of 2020.

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