DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENT:

This Deed of Absolute Sale is being executed this ____ day of _____, (month)
______ (year) at _____________ by and between:
__________________________, Citizen of ____(country
of citizenship)____, of legal age (hereinafter collectively
referred to as the SELLER) , with address at No.
_________________________, _____________ City;
And
_________________________,
(
civil
status),
_____citizenship_____, of legal age, and with address at
_____________________________________________
(address), (hereinafter referred to as the BUYER);

WITNESSETH, That:
WHEREAS, the SELLER is the owner of _________product that is being
sold_________, more particularly described as follows:
(please insert the product descripton, quantity and other important
specifications)

WHEREAS, the SELLER agreed to sell and the BUYER agreed to buy the
Subject Property in the amount of ________________(money in words)_________
(currency)( __(currency in numbers)________.00).
WHEREAS, the full consideration herein mentioned in the sum of
_______amount_______ ( ____currency________.00) has been paid to the SELLER.
NOW, THEREFORE, for and in consideration of the foregoing premises, the
SELLER hereby CEDES, TRANSFERS and CONVEYS by way of absolute sale unto
the BUYERS, its executors, assigns and successors-in-interest the Subject Property .
The title herein conveyed is free from all liens and encumbrances.
Capital gains tax on the sale of the Subject Property shall be borne by the
SELLER.
Value Added Tax on the sale of the Subject Property, if applicable, shall be borne
by the BUYERS.
The registration fees, documentary stamps, transfer tax and other expenses
incidental to the transfer of the title in the name of the BUYERS shall be borne
equally by the parties.
IN WITNESS WHEREOF, the parties have hereunto set their hands this _____
day of ______, (month) _______, (year) at ________________City.

____________________________
(Seller)

___________________________
(Buyer)

SIGNED IN THE PRESENCE OF:

________________________________
________________________________
WITNESSES