MOA Selling of Property
MOA Selling of Property
This Agreement is entered into this ___ day of ________, 2019, by and between:
-and-
RECITALS:
WHEREAS, the said purchase by the Seller of the property was later
mutually rescinded by the parties;
1. The Seller shall have the exclusive right to offer and sell, for a period
of three (3) months reckoned from the date of this Agreement, the aforesaid
property of the Principal located in ________________________,, at the rate of
________________________, Pesos (P ____.00) per square meter pursuant to
the aforementioned Special Power of Attorney dated __________.
Memorandum of Agreement
Page 2 of 3
________
2. The Seller shall have the right to deduct from the proceeds of the
sale the amount of ____________ PESOS (P xxxxx.00) she gave as payment to
the Principal pursuant to their now rescinded purchase agreement, while the
remaining balance of the proceeds shall be given by the Seller to the Principal.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
___th day of February, 2019 in __________________, Philippines.
SELLER: PRINCIPAL:
_____________________ _____________________
( state full name) (state full name)
WITNESSES:
_______________________ _______________________
Memorandum of Agreement
Page 3 of 3
________
ACKNOWLEDGMENT
BEFORE ME, this __th day of February, 2019, the following persons
personally appeared:
Valid Identification Valid Until
known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their own, free, and voluntary act and deed.
WITNESS MY HAND AND SEAL, at the place and on the date first above written.
NOTARY PUBLIC