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    Contract To Sell

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    Anonymous uqBeAy8on
    This document is a contract to sell land between Michael S. Cosue as the seller and Domiciano O. Mendoza and Rode O. Mendoza as the buyers. The seller agrees to sell 5,547 square meters of land to the buyers for a total purchase price of P832,050 payable over 7 years. The contract details the terms of payment, responsibilities for taxes, restrictions on improvements, and specifies that the seller will provide title upon full payment of the purchase price. It was signed by both parties and witnessed with notarization.

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    © All Rights Reserved
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    Contract To Sell

    Uploaded by

    Anonymous uqBeAy8on
    3K views2 pages
    This document is a contract to sell land between Michael S. Cosue as the seller and Domiciano O. Mendoza and Rode O. Mendoza as the buyers. The seller agrees to sell 5,547 square meters of land to the buyers for a total purchase price of P832,050 payable over 7 years. The contract details the terms of payment, responsibilities for taxes, restrictions on improvements, and specifies that the seller will provide title upon full payment of the purchase price. It was signed by both parties and witnessed with notarization.

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    Contract to Sell

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    Contract to Sell

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    This document is a contract to sell land between Michael S. Cosue as the seller and Domiciano O. Mendoza and Rode O. Mendoza as the buyers. The seller agrees to sell 5,547 square meters of land to the buyers for a total purchase price of P832,050 payable over 7 years. The contract details the terms of payment, responsibilities for taxes, restrictions on improvements, and specifies that the seller will provide title upon full payment of the purchase price. It was signed by both parties and witnessed with notarization.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    3K views2 pages

    Contract To Sell

    Uploaded by

    Anonymous uqBeAy8on
    This document is a contract to sell land between Michael S. Cosue as the seller and Domiciano O. Mendoza and Rode O. Mendoza as the buyers. The seller agrees to sell 5,547 square meters of land to the buyers for a total purchase price of P832,050 payable over 7 years. The contract details the terms of payment, responsibilities for taxes, restrictions on improvements, and specifies that the seller will provide title upon full payment of the purchase price. It was signed by both parties and witnessed with notarization.

    Copyright:

    © All Rights Reserved
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    of 2

    CONTRACT TO SELL

    KNOW ALL MEN BY THESE PRESENTS:


    This contract, made and entered into by and between Michael S.
    Cosue, of legal age, single, Filipino citizen and resident of
    ___________________________, Pangasinan, hereinafter called the SELLER, and
    Domiciano O. Mendoza married to Florinda V. Mendoza and Rode O.
    Mendoza, widower, all of legal age, Filipino citizens and residents of Brgy.
    San Bartolome, Rosales, Pangasinan, hereinafter called the BUYERS.
    WITNESSETH:
    1. That the SELLER is the registered owner of a pertain parcel of land
    identified as agricultural land, located in Tomana West, Rosales,
    Pangasinan, containing an area of THIRTY SEVEN THOUSAND FOURTY
    FOUR (37,444) SQUARE METERS, covered by TCT No. T-75399 more
    particularly bounded and described as follows.
    North: NE Brgy. 036
    East : SE 025

    South: SW: 021 irrig. Canal


    West: NW: 022, Sec. 08,023,010

    2. That, for in consideration of the agreed purchase price Eight hundred


    thirty two thousand and fifty pesos (P 832,050.00) Philippine
    Currency. ON EHUNDRED THOUSAND PESOS has been paid by the
    BUYERS upon the execution of this instrument, and the balance to be
    paid within seven (7) years by every cropping of Fifty Thousand
    (P50,000.00), due on or after the cropping of each harvest season of
    the year, the SELLER does by these presents, PROMISE TO SELL to the
    buyers, the 5,547 square meters from the above described parcel of
    land (which area they are tilling since 1985), under the following terms
    and conditions:
    a. That Twenty Five Thousand Pesos (P25,000.00) each from
    Domiciano O. Mendoza and Rode O. Mendoza be paid to the
    seller on or after the cropping of each year.
    b. Upon the payment of the total purchase price by the BUYERS, the
    SELLER binds himself to deliver to the BUYERS a good and
    sufficient Deed of Sale and conveyance for the said 5,547 square
    meters of the above described property free and clear of all liens
    and encumbrances except such as may be subsisting by
    operation of law, the expenses for the transfer of the title to be
    defrayed by the BUYER.
    c. The BUYERS shall have the option to pay the entire balance of
    the purchase price at any time within the period stipulated.
    d. All taxes and any special assessments imposed by the
    Government on the property, beginning with the year following
    actual delivery of possession, shall be for the account of the
    BUYERS as if the property were its own.
    e. The BUYERs shall not erect or cause to be erected, permanent
    improvements on the subject premises without the previous
    written consent of the SELLER;

    3. That this agreement shall inure to the benefit of, and be binding upon,
    the parties hereto and their respective representatives and assigns,
    but the right of the BUYERS by virtue hereof cannot be validly
    transferred, assigned or encumbered to a third aprty without the prior
    written consent of the SELLER.
    IN WITNESS WHEREOF, the Parties have hereunto set their hands this
    _________ day of _______ in Rosales, Pangasinan, Philippines.
    Seller:
    MICHAEL S. COSUE
    Buyers:
    DOMICIANO O. MENDOZA

    RODE O. MENDOZA

    Signed in the Presence of:


    1. ____________________________ 2. ________________________
    Acknowlegdment
    Republic of the Philippines
    )
    Rosales, Pangasinan
    ) S.S.
    x------------------------------------x
    BEFORE ME, a Notary Public for and in Rosales, Pangasinan, this
    _______ day of April 2015, personally appeared:
    CTC No.
    Michael S. Cosue
    _______________
    Domiciano O. Mendoza _______________
    Rode O. Mendoza
    _______________

    Issued On
    ________________
    ________________
    ________________

    Issued In
    ______________
    ______________
    ______________

    all known to me to be the same persons who executed the foregoing


    Contract to Sell consisting of two (2) pages, duly signed on each page and
    they acknowledged to me that the same are their own free and voluntary act
    and deed.
    WITNESS MY HAND AND SEAL.

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