Contract To Sell Lucanin

CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
THIS CONTRACT TO SELL made and executed this _________ day of

2024 in the city of by and between:
_____________________________, with office address at

_________________________________ , herein referred to us the BUYER;
-And-
RICHROAD INTERNATIONAL TRADING AND MANAGEMENT

SERVICES CORPORATION, represented by SHALLIE P. ESPIRITU, with
Office Address at Unit 2, Francisco Maglolona, Quezon road, Purok 5, Bragy.
Laug, Mexico, Pampanga, corporation duly organized and existing under the
Philippine Laws, and holder of the Deed of Conveyance with Waiver duly signed
by the legal heirs of Pablo Angeles, described in the Tax Declaration No. Tax
Declaration of Real Property No. 34554 ( Property Identification No. 018-07-011-
12-017 ), hereinafter referred to as the SELLER;
WITNESSETH:
WHEREAS the SELLER by virtue of a Deed of Conveyance with

Waiver executed by and between the Shallie P. Espiritu and the legal heirs
of Pablo Angeles of a parcel of land described in Tax Declaration No.
34554 ( Property Identification No. 018-07-011-12-017 ) situated in Brgy.
Lucanin, Mariveles, Bataan, Philippines, hereinafter referred to as the
PROPERTY, and more particularly described as follows:
“ A real properties under Tax Declaration of Real Property

No. 34554 ( Property Identification No. 018-07-011-12-017 )
situated in Lucanin, Mariveles, Bataan containing an area of
240,000 square meters. “
WHEREAS, the SELLER offered to sell to the BUYER the parcel of land
covers in Tax Declaration No. 34554 ( Property Identification No. 018-07-011-
12-017 ) with total area of 240,000 square meters more or less located at
Brgy. Lucanin, Mariveles, Bataan , f o r t h e a m o u n t o f P h p
_ _ _ _ _ _ _ _ p e r s q m A s I s W h e r e I s and after negotiation, the BUYER
agreed to buy the same under certain terms.
NOW THEREFORE, for and in consideration of the foregoing

premises, the parties entered into this Contract To Sell, as follows;
1. That the SELLER, for and in consideration of the amount of

______________________________ ( P ___________________ ) agreed the total
price to be paid in accordance with the terms hereinafter set forth,
do by these presents, SELL, and DELIVER by the way of Contract to
Sell unto the BUYER, his heirs, successors and assigns that the
Property under Tax Declaration No. 34554 ( Property Identification No.
Page 1 of 4
018-07-011-12-017 ) with an area of 240,000 sqm more or less, of
which the SELLER is the absolute claimant subject to the following
terms and conditions.
2. The BUYER shall pay the SELLER the total agreed price of in the
following manner.
1. The 1st payment/initial payment equivalent to 30% amounting

________________________ ( Php ______________ ) shall be made
upon the execution of this contract and for the payment of
delinquent taxes and settlement of the warrant of levy
covering Tax Declaration No. 34554 ( Property Identification
No. 018-07-011-12-017 ).
2. The 2nd payment equivalent to 20% or the amount of

______________________________ ( Php _____________________ )
shall be made for the transfer of Tax Declaration to the
name of the BUYER, within the period of ___________ days.
3. The 3rd payment equivalent to 30% amounting of

____________________________ ( Php _____________________ )
shall be made to do the necessary legal documents such as
conducting necessary surveys, Approved Plans and filing of
the application of title in favor to the BUYER’S name.
4. The Final payment / remaining balanced of 20% or the amount

of _______________________ ( Php __________________________ )
shall be paid by the BUYER to the SELLER after completion of the
documents and issuance of title to the BUYER’S and turnover of
the property.
In any event that the BUYER defaults, or for whatever reason fails to
pay the balance after the same becomes due and demandable under
this Contract, the down payment shall be forfeited in favor of the
S E L L E R as liquidated damages. The BUYER shall be deemed in
default upon service by the SELLER of a legal demand to pay the
balance on the purchase price, and the BUYER still fails or refuses to
pay such.
3. That the BUYER shall shoulder the costs and expenses for capital
gain tax, real property taxes, notarial fees, documentary stamp taxes,
registration fees, and all other fees and expenses necessary in the
registration of this Contract and transfer of title to the name of the
BUYER.
That the transaction is entered into between the parties in good

faith, and in no way executed to prejudice or defraud third person or
entity.
THAT, I, as BUYER to the property inspected the same subject of this
Page 2 of 4
Contract, and I am fully satisfied with its present conditions .
IN WITNESS THEREOF, we have hereunder affixed my hands this

day of at ____________ , Philippines.
Richroad International
Trading
____________________________ And Management Services
Corp.
Buyer Seller
__________________________ ____________________
SHALLIE P. ESPIRITU
SIGNED IN THE PRESENCE OF
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)

_______________……………………..) s .s .
BEFORE ME, a Notary Public for and in __________________ personally

appeared the following:
Name Competent Evidence of Identity
SHALLIE P, ESPIRITU __________________________
_____________________ __________________________
All known to me and to me known to be the same persons who executed

the foregoing instrument and their acknowledge to me that the same is free
and voluntary act and deed.
This instrument consisting of Three ( 3 ) pages including the page
acknowledgement is written, sign on the left margin by
the parties together with their instrumental witnesses on each and every
hereof signed and sealed with my notarial seal .
WITNESS MY HAND AND SEAL, on the date and place first above
written.
Notarial Seal
Doc. No. ___
Page No. ___
Page 3 of 4
Book No. ___
Series of 2024
Page 4 of 4

Contract To Sell Lucanin

Uploaded by

Copyright:

Available Formats

Contract To Sell Lucanin

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Contract To Sell Lucanin

Uploaded by

Copyright:

Available Formats

CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

THIS CONTRACT TO SELL made and executed this _________ day of

_____________________________, with office address at

RICHROAD INTERNATIONAL TRADING AND MANAGEMENT

WHEREAS the SELLER by virtue of a Deed of Conveyance with

“ A real properties under Tax Declaration of Real Property

NOW THEREFORE, for and in consideration of the foregoing

1. That the SELLER, for and in consideration of the amount of

1. The 1st payment/initial payment equivalent to 30% amounting

2. The 2nd payment equivalent to 20% or the amount of

3. The 3rd payment equivalent to 30% amounting of

4. The Final payment / remaining balanced of 20% or the amount

That the transaction is entered into between the parties in good

IN WITNESS THEREOF, we have hereunder affixed my hands this

SIGNED IN THE PRESENCE OF

REPUBLIC OF THE PHILIPPINES)

BEFORE ME, a Notary Public for and in __________________ personally

Name Competent Evidence of Identity

SHALLIE P, ESPIRITU __________________________

All known to me and to me known to be the same persons who executed

You might also like