J.A.B. Bulao & Associates

EXCLUSIVE OPTION TO PURCHASE

KNOW ALL MEN BY THESE PRESENTS:

That _______________, of legal age, single/married to ______________, and resident of ______________________ hereinafter called the GRANTOR, for good and valuable consideration the receipt whereof is hereby acknowledged from _________________, likewise of legal age, single/married to _______________, Filipino citizen, and resident of  ____________________, hereinafter called the GRANTEE, does hereby grant unto said GRANTEE the EXCLUSIVE OPTION to buy that certain real property covered by Original/Transfer Certificate of Title No. _________ and more particularly identified as follows:

(STATE LOCATION AND DESCRIPTION)

That the purchase price of the above-described property is hereby agreed at _________________ PESOS (P________) Philippine currency, payable within the period of this option, which shall expire on ____________, 20 ____, at 12:00 noon (or midnight);

That the GRANTEE, upon deciding definitely to exercise the right under this option, shall serve written notice to the GRANTOR at least five days in advance of the date to be fixed for the execution of the deed of Absolute Sale, with warranty of title, and such other legal papers as may be necessary, and simultaneously for the delivery of the agreed purchase price;

That it is further agreed that if the GRANTEE shall fail to exercise the right under this option within the period above stipulated, or default to pay the agreed purchase price on the date set for the execution of the necessary instruments, then this option shall be deemed automatically cancelled and rendered of no further force and effect, and the consideration paid thereof forfeited in favor of the GRANTOR: Provided, however, that if the sale be consummated, the consideration of this option received by the GRANTOR shall be applied as part of the agreed purchase price; and

That all incidental expenses including attorney’s fees and documentary stamps and capital gains tax shall be for the account of the GRANTOR or seller, and the registration fees and transfer tax for the transfer of title to the GRANTEE or buyers shall be for the account of the latter.

IN WITNESS WHEREOF, the GRANTOR has hereunto set/her hand at ________, Philippines, on this ______ day of ________________, 20 ______.

_______________________

GRANTOR

AGREED:

__________________

GRANTEE

SIGNED IN THE PRESENCE OF:

__________________________________       _________________________________

ACKNOWLEDGMENT

Republic of the Philippines                       ]

Province of _____________________________ |SS.

City/ Municipality of ____________________)

BEFORE ME, a Notary Public in and for the City/Municipality of ____________________, Philippines, this _____ day of _________________, 20____  personally appeared:

Name Res. Cert. Date/Place Issued

_________________           ____________          ________________

________________

________________             ____________          ________________

________________

all known to me and to me known to be the same persons who executed the foregoing instrument and they acknowledged  to me that the same is their free and voluntary act and deed.

IN TESTIMONY WHEREOF, I hereunto set my hand and affix my notarial seal on the date and at the place first above written.

Doc No. _______

Page No._______

Book No. ______

Series of 19_____

AFORM0006

For advice on above subject, you may contact J.A.B. Bulao & Associates at jabblaw@yahoo.com or send a message to  Cell No. 09155205254.

RE:    DEED OF SALE COVERED BY TITLE, NOT UNILATERAL

DEED OF ABSOLUTE SALE

KNOW ALL MEN THESE PRESENTS:

This DEED, made and executed in ______________________, Philippines, by and between:

__________________________, of legal age, _______________ citizen, married to _______________ and with residence and postal address at __________________ hereinafter called the VENDOR,

– and –

__________________________, of legal age, _______________ citizen, married to ____________________ and with residence and postal address at __________________ hereinafter called the VENDEE,

WITNESSETH: THAT

WHEREAS, the VENDOR is the registered owner in fee simple of that certain real property located at ___________________, covered by Original/Transfer Certificate of Title No. ___________________ issued by the Register of Deeds of _____________, and more particularly described as follows:

(Copy description from title.)

WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell the above-described property for the price and under the terms and conditions set forth herein below;

NOW, THEREFORE, for and in consideration of the premises, and more specifically of the sum of _________________ PESOS (P __________), Philippine currency, the receipt where of this hereby acknowledged from the VENDEE to the entire satisfaction of the VENDOR, the said VENDOR does hereby sell, transfer and convey, in a manner absolute and irrevocable, in favor of the VENDEE, his/her heirs and assigns the land above described, together with all the buildings and improvements existing thereon;

That ….. (Insert other stipulations, if any.)

IN WITNESS WHEREOF, the VENDOR has hereunto set his/her hand at the place first above written on this ___________ day of _______________, 20_____.

_____________________                                           ______________________

Vendor                                                                Vendee

WITH MY MARTIAL CONSENT:

_________________________

Spouse of Vendor

SIGNED IN THE PRESENCE OF:

__________________________                ___________________________

ACKNOWLEDGMENT

Republic of the Philippines                        ]

Province of _____________________________ |SS.

City/ Municipality of ____________________)

BEFORE ME, a Notary Public in and for _____________ City, Philippines, this _____ day of _________________, 20____  personally appeared:

Name Res. Cert. Date/Place Issued

_________________           ____________          ________________

________________

________________             ____________          ________________

________________

all known to me and to me known to be the same persons who executed the foregoing instrument and they acknowledged  to me that the same is their free and voluntary act and deed.

IN TESTIMONY WHEREOF, I hereunto set my hand and affix my notarial seal on the date and at the place first above written.

Doc No. _______

Page No._______

Book No. ______

Series of _________

AFORM0009

For advice on above subject, you may contact J.A.B. Bulao & Associates at jabblaw@yahoo.com or send a message to  Cell No. 09155205254.

DEED OF SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

THAT ____________________________________ (the VENDOR) with address at _______________________________________________________, for and in consideration of the amount PESOS: __________________________________  (P______________________), Philippine Currency, and other valuable consideration, receipt of which is hereby acknowledged from _____________________ (the VENDEE), of legal age,  with address at _______________________________________ hereby SELL, TRANSFER AND CONVEYS and by these presents SOLD, TRANSFERRED AND CONVEYED unto said VENDEE the following motor vehicle (certificate of registration attached)  described as follows:

Type                     :         _____________________

Model/Make         :         _____________________

Engine No.           :         _____________________

Chasis No.            :         _____________________

Plate No.               :         _____________________

of which the VENDOR is the absolute owner.

I hereby warrant that said motor vehicle is free from any alien and encumbrances and that I will defend the title and right of the VENDEE from any claim of whatever kind or nature from the third persons.

IN WITNESS WHEREOF, I have hereunder affixed my hand this day of ______________ at __________________________, Philippines.

_____________________________            ____________________________

Seller                                                   Buyer

SIGNED IN THE PRESENCE OF

_______________________           _______________________

ACKNOWLEDGMENT

Republic of the Philippines)

Makati City                        ) S.S.

BEFORE ME, a Notary Public for and in the above-indicated locality, on this _____________________________ personally appeared:

NAME:                                              RES. CERT. NO.            DATE/PLACE                                                               PASSPORT NO.                 ISSUED:

_________________________ _________________           _____________

_________________________ _________________           _____________

_________________________ _________________           _____________

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

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

Doc. No.  _____;

Page No. _____;

Book No. _____;

Series of ______.

FORM932

For advice on above subject, you may contact J.A.B. Bulao & Associates at jabblaw@yahoo.com or send a message to  Cell No. 09155205254.