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    Deed of Grant of Usufructuary Rights

    Uploaded by

    Gold Farm
    This document grants usufructuary rights to Albert P. Rosillo over 1,976 square meters of land owned by Jimmy R. Rosillo and Erlinda P. Rosillo. The grant is valid for 20 years and allows Albert P. Rosillo to establish a vegetable farm on the land without paying rent. The document details the terms of the grant including responsibilities for taxes and permissions to sublease. Jimmy R. Rosillo and Erlinda P. Rosillo warrant peaceful possession of the land to Albert P. Rosillo for the 20 year period.

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    © All Rights Reserved
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    Deed of Grant of Usufructuary Rights

    Uploaded by

    Gold Farm
    28 views2 pages
    This document grants usufructuary rights to Albert P. Rosillo over 1,976 square meters of land owned by Jimmy R. Rosillo and Erlinda P. Rosillo. The grant is valid for 20 years and allows Albert P. Rosillo to establish a vegetable farm on the land without paying rent. The document details the terms of the grant including responsibilities for taxes and permissions to sublease. Jimmy R. Rosillo and Erlinda P. Rosillo warrant peaceful possession of the land to Albert P. Rosillo for the 20 year period.

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    Original Title

    DEED OF GRANT OF USUFRUCTUARY RIGHTS

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    © © All Rights Reserved

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    This document grants usufructuary rights to Albert P. Rosillo over 1,976 square meters of land owned by Jimmy R. Rosillo and Erlinda P. Rosillo. The grant is valid for 20 years and allows Albert P. Rosillo to establish a vegetable farm on the land without paying rent. The document details the terms of the grant including responsibilities for taxes and permissions to sublease. Jimmy R. Rosillo and Erlinda P. Rosillo warrant peaceful possession of the land to Albert P. Rosillo for the 20 year period.

    Copyright:

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

    Deed of Grant of Usufructuary Rights

    Uploaded by

    Gold Farm
    This document grants usufructuary rights to Albert P. Rosillo over 1,976 square meters of land owned by Jimmy R. Rosillo and Erlinda P. Rosillo. The grant is valid for 20 years and allows Albert P. Rosillo to establish a vegetable farm on the land without paying rent. The document details the terms of the grant including responsibilities for taxes and permissions to sublease. Jimmy R. Rosillo and Erlinda P. Rosillo warrant peaceful possession of the land to Albert P. Rosillo for the 20 year period.

    Copyright:

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

    DEED OF GRANT OF USUFRUCTUARY RIGHTS

    KNOW ALL MEN BY THESE PRESENTS:


    This agreement, made and entered into the City of Baybay and between:

    SPOUSES JIMMY R. ROSILLO and ERLINDA P. ROSILLO,


    both of legal age, married, Filipino citizens and residents of Brgy. Guadalupe,
    Baybay City, herein referred to as the GRANTOR,

    -and-

    ALBERT P. ROSILLO, of legal age, married, Filipino citizen


    And a resident of Brgy. Guadalupe, Baybay City, herein referred to as the
    GRANTEE-

    W I T N E S S E T H : that-

    WHEREAS, the GRANTOR is the owner of a portion containing an area of ONE


    THOUSAND NINE HUNDRED SEVENTY SIX (1,976) SQUARE METERS of land located at
    Sitio Tab-ang, Brgy. Kilim, Baybay City, Leyte, designated as Lot No. 6947-B embraced by
    Transfer Certificate of Title No. T-21516 of the Registry of Deeds for the province of Leyte.

    WHEREAS, the GRANTOR, desires to give the GRANTEE the right of usufruct over
    the said portion containing an area of 1,976 square meters to use and enjoy the said property.

    NOW, THEREFORE, for and in consideration of public service and their mutual

    agreement, covenant and stipulations hereinafter set forth, the GRANTOR hereby transfers and
    conveys unto the GRANTEE, by way of USUFRUCT the above-mentioned portion of the above-
    described parcel of land, subject to the following-

    TERMS AND CONDITIONS

    1. This Grant of Usufruct shall be valid for a period of twenty (20) years from the
    date of execution of this deed, subject to the condition that the GRANTEE shall
    actually be in possession of the aforesaid portion of the property, for the sole purpose
    of using in the establishment of BASTI’S VEGETABLE FARM.

    2. During the existence of this Agreement the GRANTEE shall not pay any lease
    rental on the portion subject of this Agreement.

    3. The GRANTEE shall pay all the licenses, permits, duties, levies and such other
    charges as the Government or any of its instrumentalities and agencies may impose
    by reason of and arising out of this Agreement and its implementation.

    4. The GRANTEE shall not lease any part or portion of the premises or the whole
    thereof, to any person or entity without the express consent of the GRANTOR.

    5. The GRANTOR hereby covenants with the GRANTEE that the latter shall
    peacefully hold and enjoy the full use and possession of the premises during the
    period of the grant.
    6. The GRANTOR hereby warrant peaceful possession of the said portion subject of
    this Agreement for the said period of twenty (20) years from date of execution of this
    Agreement and that after the said period, the GRANTEE shall immediately turnover
    the possession to the GRANTOR;

    IN WITNESS WHEREOF, we have hereto affixed our signatures on this_____th day of


    __________________ at Baybay City, Leyte.

    JIMMY R. ROSILLO ERLINDA P. ROSILLO ALBERT P. ROSILLO


    Grantor Grantor Grantee

    SIGNED IN THE PRESENCE OF:

    1.________________________________ 2.______________________________

    ACKNOWLEDGMENT
    REPUBLIC OF THE PHILIPPINES)
    AT THE CITY OF BAYBAY : S.S.
    PROVINCE OF LEYTE )

    BEFORE ME, a Notary Public for and within the Jurisdiction of the Regional
    Trial Court of Baybay City, this _____th day of ___________________, personally came
    and appeared the parties exhibiting to me their respective valid identification cards
    indicated in their names as follows:

    Albert P. Rosillo: LTO Drivers License HO3-98-029327


    Jimmy R. Rosillo: Senior Ciitizen’s Card No. 2389
    Erlinda P. Rosillo: Senior Ciitizen’s Card No. 2192880

    as competent evidence of their identities and both known to me to be the same persons
    who executed the foregoing instrument, and they further acknowledged to me that the
    same is their free and voluntary acts and deeds.

    Doc. No._____
    Page No._____

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