Deed of Assignment Sample

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS

KNOW ALL MEN BY THIS PRESENTS:


This deed, made and entered into this 26th day of August, 2015 at the City of Iligan, by and
between:
Mike Dagalangit Taratingan , Filipino Citizen, of legal age, married, with
residence and postal address at Sanguila Street, Poblacion, Kauswagan, Lanao Del
Norte, hereinafter referred to as the "ASSIGNOR"
-andMamintal Ampuan Ambola, Filipino Citizen, of legal age, married, with residence
and postal address at NPC compound, Agus 1, Saduc, Marawi City, hereinafter
referred to as the "ASSIGNEE".
WITNESSETH that WHEREAS the ASSIGNOR is one of the legitimate heir of his ascendant, Dimatunday
O. Taratingan who owns a one hundred twenty thousand (120,000) square meter more or less
parcel of land situated at Brgy. Pangao-Saduc, Officers line, Marawi city ;
WHEREAS the ASSIGNOR is the representative of the heirs of Dimatunday O.
Taratingan and has a vested rights to transfer, convey, and assign all rights and interest over the
above property;
WHEREAS the heirs of the ascendant consented in good faith to the representation of
the assignor over the above property and vested the assignor the right to transfer, convey, and
assign all rights and interest over such property;
WHEREAS, the ASSIGNOR has offered to assign all his rights and interest over the
above property and the ASSIGNEE hereby accepts the assignment in accordance with the terms
herein set forth;
NOW, THEREFORE, for and in consideration of the foregoing premises and the sum
of Two Hundred Fifty Thousand Pesos (P250,000.00), PHILIPPINE CURRENCY, which
the ASSIGNOR hereby acknowledged to have received from the ASSIGNEE, the ASSIGNOR
hereby assigns, transfers and conveys unto the ASSIGNEE, all his rights and interest to the
aforementioned property pursuant to this Agreement and the ASSIGNEE by these presents
hereby accepts the assignment

IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first
above written.
(Name)
ASSIGNOR

(Name)
ASSIGNEE

Signed in the presence of:


__________________________
___________________________

ACKNOWLEDGEMENT

Republic of the Philippines)


_________________________) S.S

BEFORE ME, a notary for and in the City of Manila, personally appeared:
Name

CTC Number

Date/Place Issued

known to me and to me known to be the same persons who executed the foregoing Deed of
Assignment and transfer of Rights and acknowledged to me that the same is their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL, on the date and place first above written.
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.

You might also like