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    Marie B. De La Cruz executed an affidavit to support her request for annotation of an adverse claim over a property covered by Transfer Certificate of Title No. 111222. According to the affidavit, she entered into a Deed of Conditional Sale on July 10, 2013 to purchase the property, but still owes a balance of 500,000 pesos that must be paid within one year. The deed stipulated that ownership would transfer only after full payment. While the deed could not be directly annotated, the affidavit attests to the facts to allow annotation of the adverse claim until payment is made in full.

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    Marie B. De La Cruz executed an affidavit to support her request for annotation of an adverse claim over a property covered by Transfer Certificate of Title No. 111222. According to the affidavit, she entered into a Deed of Conditional Sale on July 10, 2013 to purchase the property, but still owes a balance of 500,000 pesos that must be paid within one year. The deed stipulated that ownership would transfer only after full payment. While the deed could not be directly annotated, the affidavit attests to the facts to allow annotation of the adverse claim until payment is made in full.

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    32 views2 pages

    Adverse Claim

    Uploaded by

    attyjohngarcia
    Marie B. De La Cruz executed an affidavit to support her request for annotation of an adverse claim over a property covered by Transfer Certificate of Title No. 111222. According to the affidavit, she entered into a Deed of Conditional Sale on July 10, 2013 to purchase the property, but still owes a balance of 500,000 pesos that must be paid within one year. The deed stipulated that ownership would transfer only after full payment. While the deed could not be directly annotated, the affidavit attests to the facts to allow annotation of the adverse claim until payment is made in full.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    REPUBLIC OF THE PHILIPPINES)

    PROVINCE OF MARINDUQUE ) S.S.


    MUNICIPALITY OF MOGPOG )
    x----------------------------------------x

    AFFIDAVIT OF ADVERSE CLAIM

    I, MARIE B. DELA CRUZ, of legal age, Filipino, single and a


    resident of 2223 Washington Street, Pio del Pilar, Makati City, after
    having been duly sworn to in accordance with law, depose and
    state:

    1. That on July 10, 2013, I have entered into a Deed


    of Conditional Sale which was acknowledged on the same
    date before Notary Public Juan Tamad of Makati City and
    entered in his Notarial Register as Doc. No. 2, Page 2, Book
    II, Series of 2013. A copy of the said Deed is hereto attached
    as ANNEX “A” and made an integral part of this Affidavit;
    2. That in the said Deed of Conditional Sale, I was the VENDEE
    of a certain parcel of land covered by Transfer Certificate of
    Title No. 111222, more particularly described as follows:

    (Technical Description of Property)

    3. That because I still have a balance on the purchase price in


    the amount of P500,000.00 which is payable within one (1)
    (year) from the date of signing thereof, it was stipulated in
    the aforementioned Deed that title and ownership over the
    subject property will only be transferred upon full payment of
    the same;
    4. That the VENDOR in the said Deed of Conditional Sale
    agreed that upon its execution, said Deed shall be annotated
    in the Title with the Office of the Register of Deeds of Makati
    City;
    5. However, since the said Deed of Conditional Sale per se could
    not be annotated on the Title with the Office of the Register of
    Deeds, I am therefore executing this Affidavit for the purpose
    of attesting to the truthfulness of the foregoing allegations
    and in support of my request for the annotation of an
    adverse claim over the parcel of land covered by the Transfer
    Certificate of Title No. 111222.

    IN WITNESS WHEREOF, I have hereunto set my hand this


    26th day of September 2013 in Makati City, Metro Manila,
    Philippines.
    MARIE B. DELA CRUZ
    Affiant

    SUBSCRIBED AND SWORN TO before me this 26th day of


    September 2013 in Makati City, Metro Manila, Philippines, affiant
    exhibiting to me her Philippine Passport No. 123456 issued in
    Manila on January 12, 2012 and valid until January 12, 2017.

    Doc. No. _____;


    Page No. _____;
    Book No. _____;
    Series of 2013.

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