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Waiver and Quitclaim

The document is a waiver and quitclaim signed by two individuals relinquishing their rights and interests in a Contract to Sell and property unit to a third party. Specifically: 1) The individuals previously entered into a Contract to Sell with a party to purchase a property unit, but have since transferred and assigned all their rights and interests in the contract and property to a third individual. 2) They release and discharge the original contracting party from any claims related to the contract or payments made, transferring all legal agreements to the third individual. 3) The individuals signed the waiver and quitclaim voluntarily to attest to the truth of relinquishing their rights to the property and contract.

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54 views2 pages

Waiver and Quitclaim

The document is a waiver and quitclaim signed by two individuals relinquishing their rights and interests in a Contract to Sell and property unit to a third party. Specifically: 1) The individuals previously entered into a Contract to Sell with a party to purchase a property unit, but have since transferred and assigned all their rights and interests in the contract and property to a third individual. 2) They release and discharge the original contracting party from any claims related to the contract or payments made, transferring all legal agreements to the third individual. 3) The individuals signed the waiver and quitclaim voluntarily to attest to the truth of relinquishing their rights to the property and contract.

Uploaded by

Donna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

That WE, __________ and ____________________, both of legal age, Filipinos


and with forwarding address at ___________________, after having been duly sworn
in accordance with law, depose and state:

1. We previously entered into a Contract to Sell (“Contract to Sell”) with


_______________________dated ______________, subject to the terms and conditions
stated herein.

2. That on _______________________, we voluntary and irrevocably


transferred/assigned all our rights, title, and interest, in said Contract to Sell and
Unit No. 2842 as well as any and all payments made in connection therewith in favor
of ______________________, a resident of ________________________.

3. That we hereby release and forever discharge, and do hereby release


and forever discharge, _______________, its officers and employees from any and all
claims, demands, causes and actions, damages, costs, expenses, attorneys fees and
obligation of any nature whatsoever, known or unknown, in law in equity, which we
may have now, or may hereafter have, arising out of or in any way connected with
the contract to sell and all payments made in connection therewith which we have
freely and voluntary transferred/assigned to __________________________ and any
other legal agreements/covenants with ______________________. We hereby
covenant and agree that we will never commence, aid in any way, prosecute or
cause to be prosecuted any action or other proceeding based upon any claims,
demands, cause of action, obligations, damages, or liabilities which are the subject of
this Waiver and Quitclaim and agree to indemnify and hold NSJBI free and harmless
from and against any and all such claims, demands, causes of action, obligation,
damages or liabilities.

4. That we have freely and voluntarily executed the foregoing Waiver


and Quitclaim to attest to the truth of the foregoing, and for what legal purpose/s it
may serve.

____________________________ ______________________
Affiant Affiant

1
SUBSCRIBED AND SWORN to this ________________in
_________________, Affiants exhibiting the following:

NAME IDENTIFICATION VALID PLACE


UNTIL ISSUED

known to me to be the same persons who executed the foregoing WAIVER AND
QUITCLAIM and they acknowledged to me that the same is their own free and
voluntary act and deed.

Doc. No. _____;


Page No. _____;
Book No. _____;
Series of 2019.

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