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This DEED OF CONDITIONAL SALE is entered into and executed by and between:
-AND-
WITNESSETH:
The VENDOR/ TRANFEROR is the owner of a lot and parcel of land and its
improvements as evidenced by _______________________ (Annex “A”) with an
area of _____ sq.m., more or less, particularly described as follows:
xxxxxxxxxxx
WHEREAS, the VENDOR desires to sell the aforementioned property and the
VENDEE agrees and promises to buy the aforementioned property including the
improvements therein;
2. The VENDEE undertakes to pay in full such amount, which the VENDOR
agreed with, upon the approval of the VENDEE’s Housing Loan with the
Home Development and Mutual Fund (HDMF), two (2) months from
execution of this instrument;
3. The VENDEE will shoulder all the payments for Capital Gains Tax,
Documentary Stamp Tax, Transfer Tax, Title Processing and other related
documents pertaining to Transfer of Ownership;
4. The VENDOR shall under take to execute the necessary DEED OF ABSOLUTE
SALE in favor of herein VENDEE upon full payment of the above stated
purchase price.
IN WITNESS HEREOF, the parties have hereunto set their hands this
__________________________.
_________________ __________________
Vendor Vendee
________________________
ACKNOWLEDGEMENT