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    Assignment of Real Estate in Payment of Debt

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    Gerwin
    This deed of assignment transfers ownership of a property from an assignor to an assignee in payment of a debt. The assignor owes the assignee P[amount] and transfers ownership of a property located in [location] and identified by Title No. [number] to satisfy this debt. Both parties sign the agreement to complete the transfer of the property in full payment of the debt.

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    © All Rights Reserved
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    Assignment of Real Estate in Payment of Debt

    Uploaded by

    Gerwin
    35 views2 pages
    This deed of assignment transfers ownership of a property from an assignor to an assignee in payment of a debt. The assignor owes the assignee P[amount] and transfers ownership of a property located in [location] and identified by Title No. [number] to satisfy this debt. Both parties sign the agreement to complete the transfer of the property in full payment of the debt.

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    This deed of assignment transfers ownership of a property from an assignor to an assignee in payment of a debt. The assignor owes the assignee P[amount] and transfers ownership of a property located in [location] and identified by Title No. [number] to satisfy this debt. Both parties sign the agreement to complete the transfer of the property in full payment of the debt.

    Copyright:

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

    Assignment of Real Estate in Payment of Debt

    Uploaded by

    Gerwin
    This deed of assignment transfers ownership of a property from an assignor to an assignee in payment of a debt. The assignor owes the assignee P[amount] and transfers ownership of a property located in [location] and identified by Title No. [number] to satisfy this debt. Both parties sign the agreement to complete the transfer of the property in full payment of the debt.

    Copyright:

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

    DEED OF ASSIGNMENT

    KNOW ALL MEN BY THESE PRESENTS:

    This DEED OF ASSIGNMENT, made and executed by and between (full name of
    debtor-assignor), Filipino, of legal age, single (or married to _____________), with
    residence and post-office address at ________________________________,
    hereinafter called the ASSIGNOR, and (full name of creditor-assignee), Filipino, of legal
    age, single (or married to _____________), with residence and post-office address at
    _____________________________________, hereinafter called the ASSIGNEE
    witnesseth:

    That the ASSIGNOR is indebted to the ASSIGNEE in the sum of ___________ PESOS
    (P_________), Philippine currency and in full payment and complete satisfaction
    thereof, the ASSIGNOR does hereby ASSIGN, TRANSFER, and CONVEY unto the
    ASSIGNEE that certain real estate with all the buildings and improvements thereon
    situated in __________________, and more particularly described as follows, to wit:

    (Description of property assigned)

    of which real estate the ASSIGNOR is the registered owner, his title thereto being
    evidence by Transfer (or Original) Certificate of Title No. ________ of the Register of
    Deeds of _____________:

    That the ASSIGNEE does hereby accept this assignment in full payment of the above-
    mentioned debt of __________________ PESOS (P________).

    IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this
    ________ day of ____________, 20 ____, in _________________ Philippines.

    _______________________________________________________________

    (Assignor)

    _______________________________________________________________

    (Assignee)

    Signed in the presence of:

    _______________________________________________________________

    _______________________________________________________________
    REPUBLIC OF THE PHILIPPINES )

    CITY/MUNICIPALITY OF PUERTO PRINCESA ) SS.

    ACKNOWLEDGMENT

    BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of


    _____________, personally appeared _____________ with Community Tax Certificate
    No. _____________ issued on _____________ at _____________ (and Tax
    Identification No. (T.I.N.) _____________), known to me and to me known to be the
    same person who executed the foregoing instrument which (he/she) acknowledged to
    me as (his/her) free and voluntary act and deed, consisting of only ______ (____)
    page/s, including this page in which this Acknowledgement is written, duly signed by
    (him/her) and (his/her) instrumental witnesses on each and every page hereof.

    WITNESS MY HAND AND SEAL this _____________ at _____________, Philippines.

    NOTARY PUBLIC

    Doc. No. ______;

    Page No. ______;

    Book No. ______;

    Series of 2022;

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