Académique Documents
Professionnel Documents
Culture Documents
_______________________)s.s.
And
WITNESSETH THAT:
WHEREAS, on August 12, 2018, the parties executed a Deed of Absolute Sale over
a parcel of land denominated as Lots No. 1955-B, C and D, FLS-325 (portion of Lot
No. Sta. Cruz de Malabon Estate, Cavite), Tres Cruzes, Tanza, Cavite, under
Resurvey Plan RS-04-002871 containing a total area of FOUR HUNDRED SIXTY
FOUR THOUSAND FOUR HUNDRED FIFTY FIVE SQUARE METERS (464,455 SQM)
hereinafter known a “PROPERTY”, of which the transaction was entered into in
the notarial book of Notary Public of San Juan City, Metro Manila, ATTY.
BENJAMIN S. FORMOSO under Doc. No. 224, Page No. 46, Book No. 1, series of
2018, copy of which is hereto attached and marked as annex “A”;
WHEREAS, the parties wish to CANCEL, RESCIND and ANNUL said Deed of
Absolute Sale and declare the same to be VOID AB INITIO for FAILURE TO EFFECT
THE NECESSARY CONSIDERATION AS WELL AS FOR BEING SIMULATED;
Articles 1345 and 1346 of the Civil Code provide:
Art. 1345. Simulation of a contract may be absolute or relative. The former takes
place when the parties do not intend to be bound at all; the latter, when the
parties conceal their true agreement.
The Memorandum of Agreement between the parties clearly shows that the Deed
of Absolute Sale was only executed to produce legal effect only for TAX
DECLARATION PURPOSES ONLY and to effect REPRESENTATION and LEGAL
PERSONALITY in transacting the PROPERTY with different government agencies;
VENDORS
1
Loyola v. Court of Appeals, G.R. No. 115734, February 23, 2000, 326 SCRA 285, 293.
SENEN I. ARABACA
VENDEE
ACKNOWLEDGEMENT
Republic of the Philippines )
_________________ ) s.s.
SENEN I. ARABACA
Doc No.___________
Book No._________ NOTARY PUBLIC
Page No.__________
series of 2019
Republic of the Philippines)
______________________)s.s.
WITNESSETH THAT:
ACKNOWLEDGEMENT
SENEN I. ARABACA
Doc No.___________
Book No._________ NOTARY PUBLIC
Page No.__________
series of 2019