DEED OF TRANSFER
KNOW ALL MEN BY THESE PRESENT: WHEREAS, ____________ on ____________, ____________ 200__, ______________________________, Filipino, single/married, of legal age, with residence at __________________________________________ purchased on deferred cash/installment plan in the amount of ______________________________ (Php___________), a certain real property from NAME OF DEVELOPER more particularly described as Neighborhood Area ____________, Block ___________ Lot ___________ with ____________ sq.m., of the _______________________________________ in _____________________________________.
WHEREAS, on ___________, 200__, __________________________________ has executed a Contract to Sell for the purchased of the above described house and lot containing terms and conditions in connection there with (hereto attached as “A”);
WHEREAS, _____________________________ has decided to transfer his right over the said property to _____________________________, Filipino, of legal age, single/married, ____________________ with _________________ residence ___________________ at ________________________________________________ .
WHEREAS, at the time of this transfer, the total amount (including interests) already paid by _____________________________________ to NAME OF DEVELOPER is ________________________________________ (Php ____________________);
WHEREAS, _____________________________________ agrees to substitute the person _____________________________________, in all of the latter’s rights and obligations in said Annex “A”;
of
WHEREFORE, for and in consideration of the sum of ___________________________________ (Php ___________________), and with the consent of NAME OF DEVELOPER, the said ___________________________________ hereby agrees to substitute the person of _________________________________ in said Annex “A” and hereby agrees to assume all the obligations, as well as all of the latter’s rights over the real property above-described, thereby canceling, revoking and rendering of no effects the said Contract to Sell, Annex “A”, in so far the original transferor ____________________________________ is concerned. IN WITNESS WHEREOF, the parties have hereunto signed this DEED OF TRANSFER this ____________ day of ___________ 200__, in the City of ______________________.
Transferor With Developers Approval
Transferee With My Marital Consent
Representative
Name of Spouse Signed in the presence of:
Name of Witness
Name of Witness ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES} ____________________________} S.S. BEFORE ME, a Notary Public for and in the above jurisdiction, this ______ day of ___________ 200__, personally appeared the following persons: Name CTC No. Issued on/At
Seller Buyer known to me to be the same persons who executed the foregoing Deed of Absolute Sale involving the sale of ______ parcels of land, which instrument consists of _____ pages, including the Schedule and the page on which this acknowledgement is written and signed at the left margin of each and every page by the parties executing this instrument and their witnesses and sealed with my notarial seal and said parties acknowledge to me that the same is their free and voluntary act and deed. WITNESS MY HAND AND SEAL on the date and in the place first above written. Doc. No. ______; Page No. ______; Book No. ______; Series of 200__.
NOTARY PUBLIC