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Contract To Sell Sample
Contract To Sell Sample
This Contract to Sell is made and executed and entered into by:
WITNESSETH;
WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the
above mentioned property under the terms and conditions herein below set forth;
NOW THEREFORE, for and in consideration of the total sum of THE CONTRACT
PRICE FOR THE PROPERTY FOR SALE IS TEN MILLION PESOS (P10,000,000.00) Philippine
Currency, NET OF TAXES AND OTHER EXPENSES and of the covenants herein after set
forth the SELLER agrees to sell and the BUYER agree to buy the aforesaid property subject
to the following terms and conditions:
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1.1. The amount of FIVE MILLION PESOS (P5, 000,000.00) representing earnest
money deposit shall be payable upon execution of this Contract to Sell and shall be
considered part of the total Contract price.
1.3. The Capital Gains Tax, Docs Stamps, and Transfer Taxes shall be shouldered
by the Buyer;
1.4. The BUYER shall likewise pay _______________________, the Broker, the amount of
ONE HUNDRED FIFTY THOUSAND (Php 150,000.00) representing agent’s fee upon signing
of this Contract to Sell.
. In case the BUYER could not fulfill any of their obligation stated in this Contract To
Sell, the earnest money shall be forfeited in favor of the SELLER.
3. Al pending utility bills, if any, Real Estate Tax up to the time of sale, shall be for
the account of the SELLER.
4. Notarization fees , Registration Fee, Transfer Fees and all miscellaneous fees
and expenses to transfer the certificate of title in the name of the new owner shall be for
the account of the BUYER;
7. Upon full payment of the total price, the SELLER shall sign and execute a DEED
OF ABSOLUTE SALE in favour of the BUYER. The SELLER shall likewise execute and/or
deliver any and all documents, including but not limited to the original copy of Transfer
Certificate of Title, Tax Declaration and all other documents necessary for the transfer of
ownership from SELLER to the BUYER.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this
By:
Seller BUYER
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TIN Number _____ TIN Number_____
1.
2.
ACKNOWLEDGMENT
_____________________________ ) SS.
RECHILDA S, MEDINA
Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same are their free act and voluntary deed.
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Notary Public
Series of 20____.
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