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CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This Contract to Sell , is made and entered _______day of __________ by and between:

married to , both of legal


age, Filipinos, with residence and postal address at hereinafter
referred to as the SELLER;

-in favor of-

married to _________________________, both of legal age,


Filipinos, with residence and postal address
___________________________________________________hereinafter referred to as the BUYER;

WITNESSETH:

That the SELLER/ VENDOR is the absolute owner of a parcel of land with improvements existing
thereon, situated in Bo. Muzon, Municipality of San Jose del Monte, Prov. of Bulacan covered by
Transfer Certificate of Title No.-T- of the Register of Deeds of Meyc., Bulacan, with an
area of _______________ (____) Square Meters more particularly described as follows;

TRANSFER CERTIFICATE OF TITLE NO.T-__________

That in consideration of the agreement to sell the above described lot with a residential house
constructed thereon, the BUYER hereby agrees and obligates himself/herself to pay the SELLER the
sum of _____________________________________ PHILIPPINE PESOS P ( ) ONLY,
which represents the total contract price (TCP) of the property as follows;

The amount of __________________________________ PHILIPPINE PESOS (P_____________)


shall be paid to the SELLER upon the release of the housing loan proceeds of the BUYER from Home
Development Mutual Fund;

The balance (the difference between the TCP and amount of loan proceeds actually released to
SELLER) in the sum of _____________________________________________PHILIPPINE PESOS
(P________________) shall be paid by BUYER to the SELLER in cash from the date of execution of
this Contract.
That likewise, upon approval of loan from Home Development Mutual Fund, a DEED OF SALE
over the said property shall be executed between the SELLER and BUYER. All expenses for the
execution of Deed of Absolute Sale, documentary stamps and registration fees thereof and for the
issuance of New Certificate of Title in favor of the BUYER shall be borne by the said BUYER. That
further, upon the release of the Buyer’s loan proceeds to SELLER, the BUYER may occupy the said
property.

IN WITNESS WHEREOF, the parties have hereunto set their hands on this _______ day of
____________________________at _______________ City of ______________________________.

______________________________ __________________________
SELLER BUYER
With my Marital Consent:

_________________________

Signed in the presence of:

____________________ _______________________

REPUBLIC OF THE PHILIPPINES)


---------------------------------------- )S.S

Before me, a Notary Public for and in the above jurisdiction personally appeared this_____ day
of_________ , _______

NAME VALID ID PRESENTED

All known to me to be the same person who executed the foregoing instrument and each of them
acknowledged to me that the same is their own free will and voluntary act and deed as well as the
free and voluntary act and deed of the principal which they represent.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written.

DOC. NO.___________; Notary Public


PAGE NO.___________;
BOOK NO.___________;
SERIES OF ___________.

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