Deed of Assignment and Transfer of Rights

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DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS

KNOW ALL MEN BY THIS PRESENTS:

This Deed of Assignment executed on this ___ day of __________, 20__, by:

_________________________________, Filipino, of legal age, married to


_________________________________ with residence and postal address at
_________________________________, hereinafter referred to as the
"ASSIGNOR"

and

__________________________________, Filipino, of legal age, married to


__________________________________ with residence and postal address at
__________________________________, hereinafter referred to as the
"ASSIGNEE".

WITNESSETH:

WHEREAS the ASSIGNOR is the buyer of a 2-bedroom unit, located at


18C, Grand Towers Condominium, 234 Eastwood, Libis, Quezon City, with an
area of SEVENTYEIGHT (78) SQUARE METERS more or less, covered by
Condominium Certificate Title No. 98765 of the Register of Deeds of Quezon
City, registered in the name of the Bank of the Philippine Islands.;

WHEREAS, the ASSIGNOR has offered to assign all his rights, title and
interest over the above unit, as referred in said Contract to Sell 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 ONE MILLION PESOS (1,000,000.00), 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, title and interest to the aforementioned
property and appurtenant interest in the Condominium project pursuant to
this Agreement and the ASSIGNEE by these presents hereby accepts the
assignment and agrees to be bound by the terms and conditions of the
Contract to Sell and the rules and regulations, and restrictions pertaining to
the said unit.
IN WITNESS WHEREOF, the parties have hereunto set their hands on this
__________ day of ____________, 2019, at ___________________.

(_____________________________) (_____________________________________)
ASSIGNOR ASSIGNEE

Signed in the presence of:

_____________________________ ______________________________

ACKNOWLEDGMENT

Republic of the Philippines)


______________________ ) S.S

BEFORE ME, a Notary Public for and in the above jurisdiction, this ________ day
of ___________, 2019 personally appeared:

Name Identification Date/Place of Issue

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


foregoing instrument and acknowledged before me that the same is their free
and voluntary act and deed.

This instrument consisting of ____ page/s, including the page on which this
acknowledgment is written, has been signed on each and every page thereof
by the concerned parties and their witnesses, and sealed with my notarial
seal.

WITNESSED MY HAND AND SEAL this __________ day of __________ 2019 at


_________________________.
Notary Public

Doc. No.: _______________


Page No.: _______________
Book No.: _______________
Series of 2019.

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