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Waiver and Transfer of Rights

This document is a Waiver and Transfer of Rights between Lean Happie L. Bustamante (Transferor) and Arvein John T. Llido (Transferee). The Transferor owns the business registration and mayor's permit for AVL Construction Services and Supply. The Transferor hereby waives, transfers, and conveys ownership and rights over the registration, permit, and business to the Transferee unconditionally and effective immediately. Both parties will sign this agreement in the presence of witnesses.

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90% found this document useful (10 votes)
22K views2 pages

Waiver and Transfer of Rights

This document is a Waiver and Transfer of Rights between Lean Happie L. Bustamante (Transferor) and Arvein John T. Llido (Transferee). The Transferor owns the business registration and mayor's permit for AVL Construction Services and Supply. The Transferor hereby waives, transfers, and conveys ownership and rights over the registration, permit, and business to the Transferee unconditionally and effective immediately. Both parties will sign this agreement in the presence of witnesses.

Uploaded by

belen dayupay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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WAIVER AND TRANSFER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

This WAIVER AND TRANSFER OF RIGHTS is made and executed in


to between LEAN HAPPIE L. BUSTAMANTE, of legal age, Filipino,
married and a resident of Lim Compound, National Highway,
General Santos City hereinafter referred to as TRANSFEROR and
ARVEIN JOHN T. LLIDO , of legal age, married and a resident of
Lim Compound, National Highway, General Santos City hereinafter
referred to as TRANSFEREE;

WITNESSETH:

That the TRANSFEROR is the owner and/or rights holder of


the Business Name Registration for AVL CONSTRUCTION SERVICES and
SUPPLY located at Lim Compound, National Highway, General Santos
City registered with the Department of Trade and Industry (DTI);

That the TRANSFEROR is likewise the legal owner/right-


holder of Mayor’s Business Permit to operate said AVL
COBSTRUCTION SERVICES AND SUPPLY.

That the TRANSFEROR hereby WAIVES, TRANSFRS and CONVEYS his


ownership and rights over said Registration, Business Permit and
Establishment in regard with this business unto and in favor the
above TRANSFEREE ARVEIN JOHN T. LLIDO, his rights effective
today, absolutely and unconditionally;

That the TRANSFEROR do not and will not object to any legal
transaction to effect this transfer or waiver and this WAIVER
is subject to applicable laws and rules.

IN WITNESS WHEREOF, we have hereunto signed this Waiver and


Transfer of Rights this __________________ at General Santos
City, Philippines.

ARVEIN JOHN T. LLIDO LEAN HAPPIE L. BUSTAMANTE


Transferee Transferor
ID No. _______________ ID No. ___________________

SIGNED IN THE PRESENCE OF:


_______________________ & ________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF GENERAL SANTOS )S.S
X- - - - - - - - - - - - -X

BEFORE ME, a Notary Public this ______ day of ______, 2018


at General Santos City, Philippines, known to me to be the same
persons who executed the foregoing instrument and had shown to
me their respective CTC?ID’s and they acknowledged to me that
the same are their free act and voluntary deed.

WITNESS MY HAND AND SEAL.

Doc No. _____;


Page No. ____;
Book No. ____;
Series of 2018

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