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    margie m
    The Memorandum of Agreement establishes terms for Sherly Moralde's use of 1,404 square meters of land owned by Meriam C. Cagula, including that Moralde must vacate the property if requested and compensate Cagula for any improvements, and either party may modify the agreement in writing. It was signed by both parties and witnessed in the Philippines.

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    MOA

    Uploaded by

    margie m
    271 views2 pages
    The Memorandum of Agreement establishes terms for Sherly Moralde's use of 1,404 square meters of land owned by Meriam C. Cagula, including that Moralde must vacate the property if requested and compensate Cagula for any improvements, and either party may modify the agreement in writing. It was signed by both parties and witnessed in the Philippines.

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    The Memorandum of Agreement establishes terms for Sherly Moralde's use of 1,404 square meters of land owned by Meriam C. Cagula, including that Moralde must vacate the property if requested and compensate Cagula for any improvements, and either party may modify the agreement in writing. It was signed by both parties and witnessed in the Philippines.

    Copyright:

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

    MOA

    Uploaded by

    margie m
    The Memorandum of Agreement establishes terms for Sherly Moralde's use of 1,404 square meters of land owned by Meriam C. Cagula, including that Moralde must vacate the property if requested and compensate Cagula for any improvements, and either party may modify the agreement in writing. It was signed by both parties and witnessed in the Philippines.

    Copyright:

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

    MEMORANDUM OF AGREEMENT

    KNOW ALL MEN BY THESE PRESENTS:

    This MEMORANDUM OF AGREEMENT is made and entered into this ___ day
    of __________________ at ________________________________, Philippines, by and
    between:

    _________________, of legal age, married, Filipino and with residence at Purok 6 lower
    Bobongon, Sto. Tomas, Davao del Norte, hereinafter referred to as the “First Party”,
    - and -

    __________________________, of legal age, married, Filipino and with residence at Bobongon,


    Sto. Tomas, Davao del Norte , hereinafter referred to as the “Second Party”.

    -WITHNESSETH-

    WHEREAS, the FIRST PARTY is the co-owner of a parcel of land covered and
    identified under Original Certificate of Title (OCT) No. C-1136 and Certificate of Land Ownership
    Award no. 00001604, containing a total area of ONE MILLION ONE HUNDRED FIFTY FIVE
    THOUSAND FIVE HUNDRED SIXTY FIVE (1,155,565) SQUARE METERS, more or less,
    situated at Bobongan, Sto. Tomas, Davao del Norte;

    WHEREAS, the FIRST PARTY owns part of the aforesaid parcel of land,
    containing an area of ONE THOUSAND FOUR HUNDRED FOUR (1,404) SQUARE METERS,
    as evidence in the Tax Declaration Receipts. Attached herein are the copy of the said receipts,
    marked as annexes ____________.

    WHEREAS, the FIRST PARTY allowed and tolerated the SECOND PARTY to
    stay and reside in the former’s lot property;

    NOW THEREFORE, for and in consideration of the foregoing premises, the


    herein parties have agreed to and conform in good faith under the following terms and
    conditions:

    1. In the event that the SECOND PARTY wanted to take back the property used by the
    FIRST PARTY, the latter must give the said property back to the former and vacate
    the place in compliance with the Philippine Laws;
    2. That the SECOND PARTY must give the FIRST PARTY an ample time to prepare
    and settle his/her new place before the latter can vacate the property;
    3. That the FIRST PARTY shall compensate the SECOND PARTY for the
    improvements which the latter introduced;
    4. That the SECOND PARTY has the right to demolish the said improvements which
    he/she introduced;

    WHEREAS, this Agreement may be modified or amended, if the amendment is


    made in writing and is signed by both parties.

    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures


    this ________________ at _____________________, Philippines.
    MERIAM C. CAGULA SHERLY MORALDE
    First Party Second Party

    Signed in the presence of

    _______________________________ ____________________________
    Witness Witness

    ACKNOWLEDGMENT

    Republic of the Philippines)


    City of _____________ )s.s
    x-----------------------------------x

    BEFORE ME, a Notary Public and in the City of Davao this _______________,
    personally appeared the following persons:

    NAME VALID ID Valid Until

    MERIAM C. CAGULA
    SHERLY MORALDE

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


    foregoing memorandum of agreement and that they acknowledged to me that the same is their
    free act and voluntary deed.

    This document consisting of two (2) useful pages, including this page wherein
    this acknowledgement is written have seen signed by the parties together with instrumental
    witnesses on each and every page hereof.

    WITNESS MY HAND AND SEAL.

    Doc no._____
    Page no.____
    Book no.____
    Series of 2019

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