Scribd Logo
Upload

Welcome to Scribd!

  • 34 views

    Deed of Usufruct

    Uploaded by

    RUBY JAN CASAS
    This deed of usufruct grants the Department of Education Division of Malaybalay City the right to use 2 hectares of land owned by Jose Zamora for 15 years for educational purposes. The land will be used to construct two elementary school buildings. While the Department of Education has the right to use the land and facilities, ownership remains with Jose Zamora. The Department of Education is responsible for providing facilities and maintaining cleanliness and order on the land. The land can only be used for educational purposes and no other organizations.

    Copyright:

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

    Deed of Usufruct

    Uploaded by

    RUBY JAN CASAS
    34 views2 pages
    This deed of usufruct grants the Department of Education Division of Malaybalay City the right to use 2 hectares of land owned by Jose Zamora for 15 years for educational purposes. The land will be used to construct two elementary school buildings. While the Department of Education has the right to use the land and facilities, ownership remains with Jose Zamora. The Department of Education is responsible for providing facilities and maintaining cleanliness and order on the land. The land can only be used for educational purposes and no other organizations.

    Original Description:

    digest

    Original Title

    DEED OF USUFRUCT

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This deed of usufruct grants the Department of Education Division of Malaybalay City the right to use 2 hectares of land owned by Jose Zamora for 15 years for educational purposes. The land will be used to construct two elementary school buildings. While the Department of Education has the right to use the land and facilities, ownership remains with Jose Zamora. The Department of Education is responsible for providing facilities and maintaining cleanliness and order on the land. The land can only be used for educational purposes and no other organizations.

    Copyright:

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

    Deed of Usufruct

    Uploaded by

    RUBY JAN CASAS
    This deed of usufruct grants the Department of Education Division of Malaybalay City the right to use 2 hectares of land owned by Jose Zamora for 15 years for educational purposes. The land will be used to construct two elementary school buildings. While the Department of Education has the right to use the land and facilities, ownership remains with Jose Zamora. The Department of Education is responsible for providing facilities and maintaining cleanliness and order on the land. The land can only be used for educational purposes and no other organizations.

    Copyright:

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

    DEED OF USUFRUCT

    KNOW ALL MEN BY THESE PRESENTS:


    This DEED is made and executed by and between:

    Jose Zamora of legal age, single with residence at Sitio Balagabay in Barangay Can-ayan,
    hereafter referred to as the OWNER
    -AND-
    The Department of Education Division of Malaybalay City duly organized and existing
    under the laws of the Phils., represented herein by its School Division Superintendent Rudolph B.
    Tortola, CESO V. who is duly authorized to act in this instance and for this purpose, hereinafter
    referred to as the USUFRUCTUARY.
    -WITNESSETH-
    WHEREAS, the OWNER, by these presents offers for the use of the USUFRUCTUARY
    a parcel of land containing an aggregate area of 2-hectare land within the site of Sitio Balagabay
    in Barangay Can-ayan, situated at Malaybalay City, Bukidnon. Covered by TCT No. 98765 to be
    used exclusively for educational purposes.
    WHEREAS, the USUFRUCTUARY accepts the above-stated offer of the OWNER with
    gratitude and deep appreciation.
    WHEREAS, the 2-hectare land shall be used exclusively for educational purposes but only
    through usufruct for a term of 15 years and not through donation.

    NOW THEREFORE, for and in consideration of the foregoing premises and of the
    mutual covenants hereinafter contained, the parties agree to the following terms and conditions:
    1.RIGHT TO USE FOR FREE The OWNER hereby grants unto the USUFRUCTUARY
    the perpetual right to use the aforesaid lot. This right to use includes the right to construct two
    elementary school buildings for the pupils. The right to use is granted only to the legitimate officers
    of the Department of Education Division of Malaybalay City
    2.OWNERSHIP The ownership of the lot remains with and continues to be in the name
    of the OWNER.
    3.FACILITIES AND IMPROVEMENTS The USUFRUCTUARY shall be responsible
    in providing for its facilities and improvements such as, water, communication, electricity that
    shall make it sustainable and viable.
    4.MAINTENANCE OF CLEANLINESS AND PEACE AND ORDER - The OWNER
    shall maintain the cleanliness and peace and order in the common areas while the
    USUFRUCTUARY shall maintain the cleanliness and peace and order in the area of USUFRUCT.
    5.OTHER TERMS AND CONDITIONS The site shall be used exclusively by the
    USUFRUCTUARY at the exclusion of other denomination, organization and affiliations. A breach
    of this provision terminates this DEED OF USUFRUCT.

    IN WITNESS WHEREOF, the parties have hereunto set their hands this 6th day of
    November 2021.
    Jose Zamora Rudolph B. Tortola, CESO V.
    OWNER USUFRUCTUARY
    Signed in the presence of:

    _________________ ____________________

    You might also like