EXHIBIT V

(Acknowledgment Receipt for Downpayment)

ACKNOWLEDGMENT RECEIPT

RECEIVED TODAY FROM ____________________________________(VENDEE) OF

_____________________(Address)_______________________ , THE AMOUNT OF
PESOS : _______________________________________________ONLY
(PhP____________), IN [ ] CASH [ ] MANAGER’S CHECK ( __Bank Name,
Check No., Date) AS DOWNPAYMENT FOR THE SALE OF THAT _____(Type of
Property)_____ SITUATED AT NO. __________________(Address of Sold
Property)_______________ AS COVERED UNDER TRANSFER (CONDOMINIUM)
CERTIFICATE OF TITLE NO. _________ ON FILE WITH THE REGISTRY OF
DEEDS OF __________________ AND TAX DECLARATION NOS. __________
(LOT) AND _________ (IMPROVEMENT) AND WHICH WAS THE SUBJECT OF A
CONTRACT TO SELL DATED ___________.

_____________________________
(VENDOR)
(or if with Special Power of Attorney)
Acting as Attorney-In-
Fact for:
______(Registered Owner)_______

DATE _____________

SOURCE: REALTOR® Phil M. Coquia 45