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    ArthurRichardAtayde
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    AGREEMENT PARCEL OF LAND

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    13 views2 pages

    Agreement Parcel of Land

    Uploaded by

    ArthurRichardAtayde

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 2

    AGREEMENT

    KNOW ALL MEN BY THESE PRESENTS:

    This AGREEMENT, made and entered into by and between:

    ROCHELLE VENTURA TORRES, of legal age, Filipino and resident of Zaragosa,


    Nueva Ecija, representing his minor son ROCKY GEORGE TIMOTHY TORRES
    PRINTZ, herein referred to as the FIRST PARTY;

    -and-

    ROGELIO C. ROMANTICO, of legal age, Filipino, and a resident of Purok 6, Brgy.


    Ibona, Dingalan, Aurora, representing the HEIRS of the late SOLEDAD C.
    ROMANTICO, hereinafter called as the SECOND PARTY;

    - WITNESSETH -

    1. That the SECOND PARTY particularly the late SOLEDAD C. ROMANTICO


    is the owner of a parcel of land with an area of 12,076 square meters
    located at Brgy. Umiray, Dingalan, Aurora;

    2. That the FIRST PARTY was supposed to purchased the same for FOUR
    HUNDRED PESOS (P400.00) per square meter and in fact was able to
    pay ONE MILLION EIGHT HUNDRED TEN THOUSAND PESOS
    (P1,810,000.00) out of the total purchase price of P4,830,400.00;

    3. That the late SOLEDAD C. ROMANTICO executed a Deed of Absolute Sale


    in favor of the FIRST PARTY and in fact the FIRST PARTY was able to
    transfer the title in the name of ROCKY GEORGE TIMOTHY TORRES
    PRINTZ;

    4. That the FIRST PARTY hereby acknowledged that they only paid
    P1,810,000.00 out of the total purchase price of P4,830,400.00 and was
    able to transfer the title notwithstanding the non-payment of the balance;

    5. That in order to remedy the situation, the herein FIRST PARTY will allow
    the SECOND PARTY to sell the property now registered under Transfer
    Certificate of Title No. 051-2020000859 to any interested buyer;

    6. That both parties agreed to sell the above described property at SIX
    HUNDRED PESOS (P600.00) PER SQUARE METER;

    7. That out of the proceeds of the possible sale, the SECOND PARTY will
    collect the balance of P3,020,000.00;

    Page 1 of 2
    8. That the FIRST PARTY on the other hand will be entitled to collect
    P100.00 per square meter from the proceeds of the possible sale or a total
    of P1,207,600.00;

    9. That under this agreement, the SECOND PARTY will offer the property for
    sale to possible buyers and the FIRST PARTY will not entertain or allow
    any other person to sell the same without the knowledge of the SECOND
    PARTTY.

    IN WITNESS WHEREOF, we have hereunto set our hands this ____ day of
    ______________________, 2021 hereat Cabanatuan City.

    ROCHELLE VENTURA TORRES ROGELIO C. ROMANTICO


    FIRST PARTY SECOND PARTY
    ID No. ID No.
    Issued By: Issued By:

    SIGNED IN THE PRESENCE OF:

    ______________________ _______________________
    Witness - Witness -

    ACKNOWLEDGEMENT

    Republic of the Philippines)


    City of Cabanatuan ) S.S.
    x--------------------x

    BEFORE ME, a Notary Public for and in the City of Cabanatuan, this _____
    day of _____________________________, 2021 personally appeared both
    parties, with their respective valid proof of identity (ID) details are indicated below
    their names and the witnesses, known to me to be the same persons who executed
    the foregoing Agreement and acknowledged to me that the same is their free act and
    deed.

    IN WITNESS WHEREOF, I hereunto set my hand and affixed my seal, the


    date and place above written.

    Page 2 of 2

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