DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

______________
_________ This Deed of Absolute Sale (the “Deed”) made and executed by and
_________ between:
______________
SELLER [], of legal age, Filipino, with address at [], hereinafter referred to as the
SELLER;
BUYER
-and-

[], a domestic corporation organized and established under the laws of the
Philippines, with corporate address at [], as represented by its [], Mr. [],
hereinafter referred to as the BUYER;

WITNESSETH: That –

WHEREAS, the SELLER, is the sole, absolute and registered owner of a certain
parcel of land located at [] together with all the improvements thereon, if any, with
an area of [] square meters, more or less, covered by the Transfer Certificate of Title
(TCT) No. [] issued by the Registry of Deeds for the []and Tax Declaration No. [],
copies of which are attached hereto as Annexes “A” and “B” (hereinafter referred to
as the “PROPERTY”), and more particularly described as follows:

Transfer Certificate of Title No. []

[Technical Description]

WHEREAS, the SELLER has offered to sell the PROPERTY to the BUYER and
the BUYER has agreed to purchase the PROPERTY under the terms and conditions
herein provided;

NOW, THEREFORE, for and in consideration of the aforementioned premises

and the conditions herein set forth, the Parties have agreed, as follows:

1. PURCHASE PRICE

For and in consideration of the purchase price of AMOUNT (PHP []) Philippine
Currency, the SELLER hereby sell, transfer and convey by way of this DEED,
unto the BUYER, its successors and assigns the rights, title, and interest to the
PROPERTY free from all liens and encumbrances of any nature whatsoever.

2. MANNER OF PAYMENT

The BUYER shall pay to the SELLER the purchase price the amount indicated in
the manner and with the terms and conditions indicated in Annex [] of this
DEED.

3. REPRESENTATIONS AND WARRANTIES OF THE SELLER

3.1 SELLER is the sole, absolute and legal owner of the PROPERTY;
 3.2 SELLER has the legal right and capacity to sell the PROPERTY and
______________ there is no existing legal impediment to prevent the SELLER from selling
_________ the PROPERTY;
_________
______________ 3.3 SELLER has performed all the acts required by law to affect the sale
SELLER of the PROPERTY and the BUYER will acquire good and valid title to the
PROPERTY;
BUYER 3.4 SELLER has not entered into any contract for the lease, use,
acquisition, purchase and sale of the PROPERTY or any portion thereof to
a third party; nor has any existing contract with any party on the
development of the PROPERTY;

3.5 There are no tenants or occupants/possessors of the PROPERTY, whether

authorized or unauthorized, and the BUYER may immediately have
peaceful and undisturbed possession of the PROPERTY upon execution of
this DEED. In this regard, the SELLER warrants that he/she will defend
the BUYER against any and all claims by third parties on the PROPERTY,
including acts of eviction;

3.6 The PROPERTY is free from all liens, charges, and encumbrances of any
nature whatsoever;

3.7 The PROPERTY is alienable land, registrable under P.D. 1529 and not
covered by the provisions on Operation Land Transfer under P.D. 27 and
the Comprehensive Agrarian Reform Law or R.A. 6657 upon its transfer
to the BUYER;

3.8 There is no action, suit or proceeding at law or in equity before any

judicial or administrative body, court or agency, pending or threatened
against, or affecting, the SELLER having a material adverse effect on the
validity or enforceability of this DEED, or on the truthfulness of the
SELLERS to perform its obligations under this DEED; and

3.9 SELLER shall hold the BUYER free and harmless from and against, and
in respect of any damage, loss, cost, expense, liability and/or attorney’s
fees resulting from any misrepresentation or breach of warranty made by
the SELLER or adverse claims over the PROPERTY and all expenses that
may be incurred in relation thereto shall be for the exclusive account of
the SELLER. As used herein, damage shall include, but not limited to the
amount of any claims, suits, demands, or judgements, as well as
assessments, expenses, and attorney’s fees arising out of, or in connection
with: (i) any liability of the SELLER relating to the PROPERTY, and (ii)
any litigation whether pending, threatened or contemplated, involving the
PROPERTY; and all amounts which the BUYER has paid to the SELLER
under Section 1, plus the cost of whatever improvements or necessary
expenditures made by the BUYER in connection with this DEED.

4. TAXES AND EXPENSES

Capital Gains Tax and other taxes due on the sale of the PROPERTY shall be for
the account of the []. Documentary Stamp Tax, Transfer Tax, and Registration
Fees payable for the issuance of a title to the PROPERTY from the name of the
SELLER to the BUYER, shall be borne by the [].
5. OTHER TERMS AND CONDITIONS

[]

6. OTHER DOCUMENTS

The SELLER hereby binds himself/herself to execute other documents as may be

reasonably necessary to implement this DEED and to convey the PROPERTY to
the BUYER and have the Transfer Certificate of Title and Tax Declaration
covering the PROPERTY issued in the name of the BUYER.

7. BINDING EFFECT

This DEED shall be binding to the Parties herein as well as their heirs, executors,
administrators, successors-in-interest, assigns and legal representatives of the
Parties hereto.

8. ENTIRE AGREEMENT

This DEED and all provisions hereof embody the entire agreement between the
Parties unless amended by a subsequent agreement contained in a public
instrument.

9. VALID AND ENFORCEABLE

Should any provision of this DEED be declared invalid by a court of competent

jurisdiction or by law, those provisions not affected by said declaration shall
continue to be valid and enforceable and binding on the Parties.

10. VENUE

In case of litigation arising out of this DEED, the venue of the action shall be in
the proper courts of [] to the exclusion of all other courts.

IN WITNESS WHEREOF, the Parties have hereunto set their hands on

___________ at _______________, Philippines.

SELLER BUYER

[] []
TIN No: [] TIN No: []

By:

[]
[]
 SIGNED IN THE PRESENCE OF

____________________ ____________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

________________________ ) S.S.

BEFORE ME, a Notary Public for and in the ____________, this ____ day of
__________, 2018, personally appeared:

NAME IDENTIFICATION DATE & PLACE ISSUED

[] [] []
[] [] []
[] [] []
[] [] []

known to me and to me known to be the same person who executed the foregoing
instrument and acknowledged to me that the same is their free act and voluntary
deed and that theyhave the authority to sign the same for and on behalf of [ ].

This instrument, consisting of _______ (___) pages, including this page whereon
the acknowledgment clause is written, signed on each and every page hereof by the
above-mentioned Parties and their instrumental witnesses and sealed with my
notarial seal, pertains to a Deed of Absolute Sale in favor of [].

WITNESS MY HAND AND SEAL on the date and place first above-written.

NOTARY PUBLIC
Doc. No. _______;
Page No. _______;
Book No. _______;
Series of 2018.