3 AFFIDAVIT OF Consolidation of Ownership Pacto de Retro Sale
3 AFFIDAVIT OF Consolidation of Ownership Pacto de Retro Sale
2. That pursuant to the deed of sale pacto de retro, the said vendor, Mr.
Marvolo S. Gaunt, should have exercised his right to repurchase the
said property within the period of two (2) years from sale;
3. That the period expired on October 31, 2018 without the said vendor,
by himself or by any other person in his behalf complying with the
conditions and stipulations required for the repurchase of the said
property;
5. That by virtue of the said deed of sale pacto de retro, and by the
failure of the vendor, Mr. Marvolo S. Gaunt, to duly repurchase the
property within the period stipulated, there was a consolidation, in the
affiant as vendee a retro, of the absolute ownership of the property.
Attached hereto, as ANNEX “B,” is an order of the Regional Trial Court
of Makati City issued on January 11, 2019, approving and confirming
the above consolidation of ownership in the name of affiant.
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2019.