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MEMORANDUM OF AGREEMENT Revised
MEMORANDUM OF AGREEMENT Revised
This agreement entered into this ____ day of ___ in ___________________, by and
between the following:
AND
WITNESSETH:
WHEREAS, the SECOND PARTY is a unit buyer of the Tagaytay Fontaine Villas,
unit specifically describes as ____________________________________.
WHEREAS, the FIRST PARTY and the SECOND PARTY hereby enter into an
agreement subject to the following terms and conditions; viz:
1. THE FIRST PARTY’s primarily undertakes to pay the refund of installments made
for the above-mentioned unit amounting to__________________ in equal monthly
installments amounting to _________________ every _________ of the month
starting _______________.
2. BOTH the FIRST PARTY AND SECOND PARTY mutually consents to the
following arrangement:
3. Both PARTIES are bound to comply with all the conditions and stipulations
embodied in this Memorandum of Agreement.
4. Any acts committed in violation of any of the stipulations of this agreement shall
be a ground to rescind this contract/ agreement and shall entitle the non-erring
party to claim for damages. In case of dispute arising from this contract, the City
of Manila shall have exclusive jurisdiction to try and hear the same to the exclusion
of other courts.
_________________ ____________
Garfunkel To
___________________ ______________________
ACKNOWLEDMENT
NOTARY PUBLIC
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