CONTRACT TO BUY AND SELL

KNOWN ALL MEN BY THESE PRESENTS:

This Contract to BUY and SELL made and executed by and

between:

____________________________________, of legal age, married to

__________________________________________, and resident of
_____________________________________ hereinafter called the
VENDOR:

- and -

__________________________, of legal age, married to

__________________________________________, and resident of
_____________________________________ hereinafter called the
VENDEE:

WITHNESSETH:

WHEREAS the VENDOR is the owner of a residential house

and lot located in _______________________________, covered by
TCT No. __________________ and more particularly described as
follows:

A parcel of land
__________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________

WHEREAS the VENDOR has agreed to SELL the above-described

residential lot to the VENDEE, and the VENDEE agreed, as it is
hereby agreed, to BUY the said house and lot:

NOW, THEREFORE, FOR AND IN CONSIDERATION of the

foregoing premises and of the following mutual covenants,
undertaking, obligations, terms and conditions, the parties hereto
have agreed, as follows:

1. PURCHASE PRICE- The VENDEE agrees to pay the

amount of _____________________________, which shall
be paid upon the release of Vendees loan from PAG-
IBIG/NHMFC or any financial institution. The Vendee is given
 a period of ___ months from the signing contract to pay in
FULL the said purchase price.

2. TAXES- The ______ shall pay the capital gain tax and shall
pay and update the realty taxes while all other taxes related
to the transfer of the title shall be for the account of the
__________________________________;

3. TRANSFER OF TITLE- A Deed of Absolute Sale to effect the

conveyance and the Transfer of Title of the property shall be
executed as soon as the FULL PAYMENT is paid under this
contract.

IN WITHNESS, WHEREOF, the PARTIES have hereunto affixed their

signatures on this _____th day of _________________ at
____________________.

__________________ _____________________
VENDOR VENDEE

With my marital consent: With my marital

consent:

_________________ _________________

WITNESSES:

__________________ _________________

ACKNOWLEDGMENT

Before me, a Notary public for _________________________

and the Province of __________________, personally appeared the
following with their Competent Evidence of Identity:

________________ _______________ __________________

________________ _______________ __________________

both known to me and to me known to be the same persons who

executed the foregoing CONTRACT TO BUY AND SELL, the
property covered under TCT NO. _________________ located in
_________________, and they acknowledged to me that the same
was executed by them freely and voluntarily. Based on the
documents presented, the PARTIES are _________ citizens.

This instrument consists of _________________ pages including this

page on acknowledgment.

WITNESS MY HAND AND SEAL on the day and place above

written.

Atty _______________________________________
Notary Public
Doc. No. ____ Commission Serial No. __________________
Page No. ____ Notary Public for _______(Province/City)_____
Book No. ____ Until December 31, 20__
Series of 20__ Office: ____________(address)____________
Roll No. __________
IBP Lifetime Roll No. ________; __/__/__ ; (Province)
PTR No. _________ ; __/__/__ ; _(Province)_
MCLE Compliance Cert. No. __________; __/__/__

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