Deed of Absolute Sale

DEED OF ABSOLUTE SALE

KNOW ALL PERSONS BY THESE PRESENTS:

This Deed of Absolute Sale is made and executed by:

seller's full name, age years old, Filipino, civil status, and residing at seller's address, hereinafter called the SELLER;

– in favor of –

buyer's full name, age years old, Filipino, civil status, and residing at buyer's address, hereinafter called the BUYER.

WITNESSETH:

1. The SELLER is the registered owner of a parcel of land, lot number and location, with an area of area square meters, covered by title number of the Registry of Deeds, declared for taxation under Tax Declaration No. Tax Declaration number, and more particularly described in that title;
2. For and in consideration of the sum of amount in words (₱price), Philippine Currency, receipt of which in full the SELLER hereby acknowledges, the SELLER hereby SELLS, TRANSFERS and CONVEYS absolutely and unconditionally unto the BUYER, and the BUYER's heirs and assigns, the parcel of land described above, together with all improvements on it;
3. The SELLER warrants that the property is free from all liens and encumbrances, that the real property taxes on it have been paid up to the current year, and that the SELLER will defend the BUYER's title against the claims of all persons;
4. The capital gains tax shall be paid by the SELLER, and the documentary stamp tax, transfer tax and registration fees by the BUYER or the SELLER.

IN WITNESS WHEREOF, the parties have hereunto set their hands this ____ day of ______________ 20___ at city or municipality, Philippines.

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
city or municipality ) S.S.

BEFORE ME, a Notary Public for and in city or municipality, this ____ day of ______________ 20___, personally appeared:

Name	Competent Evidence of Identity
seller's full name	ID type and number
buyer's full name	ID type and number

known to me and to me known to be the same persons who executed the foregoing Deed of Absolute Sale, and who acknowledged to me that the same is their free and voluntary act and deed.

This instrument, consisting of ____ pages including this page on which the acknowledgment is written, refers to the parcel of land covered by title number, and has been signed by the parties and their instrumental witnesses on each and every page.

WITNESS MY HAND AND SEAL on the date and at the place first above written.

Doc. No. ______;
Page No. ______;
Book No. ______;
Series of 20___.