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    Deed of Conditional Sale (Sample 2)

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    rafael.louise.roca2244
    This document is a Deed of Conditional Sale between Priscilla B. Nastor and Jacquiline B. Ordoña. Priscilla owns a parcel of land in Agoo, La Union and is selling a 50 square meter portion to Jacquiline for 50,000 pesos, to be paid in installments. Jacquiline has already paid 26,000 pesos as a down payment, with the remaining 24,000 pesos to be paid according to an installment schedule. Upon full payment, Priscilla will execute a Deed of Absolute Sale transferring ownership to Jacquiline.

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    Deed of Conditional Sale (Sample 2)

    Uploaded by

    rafael.louise.roca2244
    32 views3 pages
    This document is a Deed of Conditional Sale between Priscilla B. Nastor and Jacquiline B. Ordoña. Priscilla owns a parcel of land in Agoo, La Union and is selling a 50 square meter portion to Jacquiline for 50,000 pesos, to be paid in installments. Jacquiline has already paid 26,000 pesos as a down payment, with the remaining 24,000 pesos to be paid according to an installment schedule. Upon full payment, Priscilla will execute a Deed of Absolute Sale transferring ownership to Jacquiline.

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    This document is a Deed of Conditional Sale between Priscilla B. Nastor and Jacquiline B. Ordoña. Priscilla owns a parcel of land in Agoo, La Union and is selling a 50 square meter portion to Jacquiline for 50,000 pesos, to be paid in installments. Jacquiline has already paid 26,000 pesos as a down payment, with the remaining 24,000 pesos to be paid according to an installment schedule. Upon full payment, Priscilla will execute a Deed of Absolute Sale transferring ownership to Jacquiline.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    32 views3 pages

    Deed of Conditional Sale (Sample 2)

    Uploaded by

    rafael.louise.roca2244
    This document is a Deed of Conditional Sale between Priscilla B. Nastor and Jacquiline B. Ordoña. Priscilla owns a parcel of land in Agoo, La Union and is selling a 50 square meter portion to Jacquiline for 50,000 pesos, to be paid in installments. Jacquiline has already paid 26,000 pesos as a down payment, with the remaining 24,000 pesos to be paid according to an installment schedule. Upon full payment, Priscilla will execute a Deed of Absolute Sale transferring ownership to Jacquiline.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 3

    DEED OF CONDITIONAL SALE

    KNOW ALL MEN BY THESE PRESENTS:

    This DEED OF CONDITIONAL SALE is entered into by and between:

    PRISCILLA B. NASTOR, of legal age, Filipino citizen, and resident of San


    Juan Agoo, La Union, hereinafter referred to as the VENDOR;

    - and -

    JACQUILINE B. ORDOÑA, of legal age, Filipino citizen, with residence and


    postal address at San Juan, Agoo, La Union, hereinafter referred to as the
    VENDEE.

    WITNESSETH:

    That the VENDOR is the owner in fee simple of a parcel of land located at
    Barangay San Juan, Agoo, La Union covered by ARP No. 025-01298, PIN No. 008-02-
    025-02-100 issued by the Office of the Municipal Assessor of Aggo, La Union.

    WHEREFORE, for and in consideration of the agreed purchase price of FIFTY


    THOUSAND PESOS (P50,000.00), Philippine Currency, to be paid by the VENDEE in
    installment basis, the VENDOR shall CEDE, TRANSFER and CONVEY unto the said
    VENDEE, her assigns and successors-in-interests, all its rights and interests over a portion
    of such property, Fifty (50) square meters only, subject to the following conditions:

    1. The VENDEE had already paid the amount of TWENTY SIX THOUSAND
    PESOS (P26,000.00) as down payment.

    2. The remaining balance of the purchase price in the amount of TWENTY FOUR
    THOUSAND PESOS (P24,000.00) shall be paid under the following schedule of
    payments:

    On or before ____________ P___________


    On or before ____________ P___________

    1
    On or before ____________ P___________

    3. Upon full payment of the purchase price, the VENDOR shall cause the execution
    of the Deed of Absolute Sale and shall undertake to turn over to the VENDEE all
    documents pertaining to the said property for purposes of annotating the claim of the
    vendee over the property.

    This contract shall be binding upon the parties, their heirs and successors-in-
    interest. After execution of this Deed of Conditional Sale until the Deed of Absolute Sale
    shall have been executed, it is hereby the agreement of the parties that the VENDOR
    herein is prohibited from negotiating with other third persons for the sale and/or any
    disposition of the property subject matter of this sale.

    IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this ___
    day of October 2008 at Agoo, La Union, Philippines.

    PRISCILLA B. NASTOR JACQUILINE B. ORDOÑA


    Vendee Vendor
    CTC No. ____________ CTC No. ______________
    Issued on ___________ Issued on _____________
    Issued at ____________ Issued at _____________

    Signed in the presence of:

    _______________________ ________________________

    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES )


    PROVINCE OF LA UNION )
    MUNICIPALITY OF AGOO ) S.S.
    x------------------------------------------------x

    2
    BEFORE ME, a Notary Public for and in the Province of La Union, this ___ day of
    October 2008 at Agoo, LA Union, Philippines, personally appeared Priscilla B. Nastor and
    Jacquiline B. Ordona, with their respective identifications abovementioned as evidence of
    identity, all known to me to be the same persons who executed the foregoing instrument
    and who acknowledged to me that the same is their free act and deed.

    This instrument refers to a Deed of Conditional sale consisting of two (2) pages,
    including the page on which this acknowledgment is written, and has been signed on the
    left margin of each and every page thereof by the parties and their instrumental witnesses.

    WITNESS MY HAND AND NOTARIAL SEAL, on the day and place above written.

    Doc. No. ___; Notary Public


    Page No. __;
    Book No. II;
    Series of 2008.

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