2/26/2017 PINOYCASEDIGEST:LegalFormSampleDeedofConditionalSale

Sample Deed of Conditional Sale

DEEDOFCONDITIONALSALE

KNOWALLMENBYTHESEPRESENTS:

This instrument, made and executed by and between JOSE

RIZAL, Filipino, of legal age, widower, resident of ABC Street, Jaro Iloilo
City,Philippines,hereinaftercalledtheVENDORandTANDANGSORA,
Filipino, of legal age, married, resident of Leganes Iloilo, hereinafter
calledtheVENDEE

WITNESSETH:

ThattheVENDORistheowneroftwo(2)parcelsoflandwhichare
describedasfollows:

ParcelOne:

A parcel of land ( Lot No. 1971, situated in Leganes Iloilo,

containinganareaof347squaremeters,moreorless.BoundedontheN.,
by National Road on the S., by Lot 1970 on the E., by Lot 1972 and on
theW.,byLot1959,coveredbyARP/TDNo.050240417inthenameof
GinaJosefaRizal,assessedinthesumofP13,880.00,taxeffectivityforthe
year2006.

ParcelTwo:

A parcel of land ( Lot No. 1813, situated in Leganes Iloilo,

containinganareaof2,536squaremeters,moreorless.Boundedonthe
North by Lot No. 1812 on the South by Lot 1814 on the East by Lot
1811andontheWestbyLotNo.1816,coveredbyARP/TDNo.05024
0883inthenameofGinaJosefaRizal,assessedinthesumofP8,830.00,
taxeffectivityfortheyear2006.

OfwhichparcelsoflandtheVENDORistheownerperthatDeedof
AbsoluteSaleexecutedonAugust6,2010beforeNotaryPublicApolinario
Mabini,anotarypublicforandinQuezonCity,perDoc.No.21PageNo.
6BookNo.ISeriesof2010

ThattheVENDORherebysellstotheVENDEEwhoagreedtobuythe
abovedescribedlandsunderthefollowingtermsandconditions,towit:

1.That the total consideration of the sale is THREE HUNDRED

THOUSANDPESOS(P300,000.00)
2.That upon signing of this contract the VENDEE shall pay the
VENDOR a down payment of P 100,000.00 that the remaining
balance shall be paid in full upon transfer of title and tax
declarationinthenameoftheVENDEE

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2/26/2017 PINOYCASEDIGEST:LegalFormSampleDeedofConditionalSale

3.That the VENDOR reserves his right of ownership over the subject
landsuntilfullpaymentoftheconsideration
4.Thatallexpensesrelativetothissaleshallbeshoulderedbythe
VENDOR

IN WITNESS WHEREOF, we have hereunto set our hands this

_______________inIloiloCity,Philippines.

JOSERIZALTANDANGSORA
VendorVendee

Page2

Signedinthepresenceof:

1.__________________________2.______________________

REPUBLICOFTHEPHILIPPINES)
PROVINCEOFILOILO)S.S.
MUNICIPALITYOFILOILOCITY)

BEFOREME, this _________________ in Iloilo City, Philippines,

personally appeared the following persons with their CTC/ID Nos. to
provetheiridentity,towit:

JoseRizalSeniorCitizenI.DNo.1111

TandangSoraSeniorCitizenI.DNo.1222

All known to me to be the same persons who executed the foregoing

instrumentandtheyacknowledgedtomethesameastheirfreeactand
deed.

JuanDelaCruz
Doc.No.11NotaryPublicUntilDecember31,2012
PageNo.11NotarialCommissionNo.11(20112012)
BookNo.111ABCStreet,JaroIloiloCity
Seriesof2011.PTRNo.1111111PTO,JaroIloiloCity1/3/2011
RollNo.11111IBPORNo.11111111/30/2010

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