CONDITIONAL CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and between:
SELLER, married to SELLER, of legal age, Filipino, and with residence and postal address
at (Address), hereinafter referred to as the "SELLER/VENDOR";
-AND-
BUYER, single, of legal age, Filipino and with residence and postal address at (Address), hereinafter
referred to as the "BUYER/VENDEE".
WITNESSETH;
WHEREAS, SELLER is the absolute and registered owner of a parcel of land consisting of ONE
HUNDRED THIRTY square meters, more or less, located at (Address) and covered by
Transfer Certificate of Title No. 057-2014001769 issued by the Registry of Deeds for Province of Cavite;
WHEREAS, the BUYER would like to avail the said property through PAG-IBIG;
WHEREAS, the SELLER has agreed to sell the above-mentioned property under the terms and conditions
herein below set forth;
NOW THEREFORE, for and in consideration of the foregoing premises, the SELLER/VENDOR agrees
to sell, and the BUYER/VENDEE agrees to buy the above described house and lot under the following
terms and conditions:
1. The BUYER/VENDEE shall apply for a house and lot purchase loan with PAG-IBIG in the
amount of TWO MILLION TWO HUNDRED THOUSAND PESES (PHP 2,200,000.00) to pay
the SELLER/VENDOR for the house and lot. The proceeds/check of the PAG-IBIG loan shall be
paid to and in the name of SELLER/VENDOR;
2. For purposes of the loan, the SELLER/VENDOR shall allow the transfer of the title in the name
of the BUYER/VENDEE, but only after the issuance of a letter of guarantee from PAG-IBIG;
3. Capital Gains Tax and Real Estate Tax, shall be for the account of the SELLER/VENDOR;
4. Documentary Stamps Tax, Registration Fee, registration expenses, and all other miscellaneous
fees and expenses shall be to the account of the BUYER/VENDEE;
5. Possession to the subject property shall be delivered by the SELLER/VENDOR to
the BUYER/VENDEE upon full payment of the total consideration;
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
____________, 20__ at _________________________, Philippines.
______________________ _______________________ ______________________
(SELLER/VENDOR) (SELLER/VENDOR) (BUYER/VENDEE)
SIGNED IN THE PRESENCE OF:
__________________________ __________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
_____________________________ ) SS.
BEFORE ME, a Notary Public for and in the City of ___________________, personally appeared:
Name Competent Evidence of Identity Place Issued/Validity Period
BUYER ________________________ ________________________
SELLER ________________________ ________________________
This instrument, consisting of ___ page/s, including the page on which this acknowledgment is written,
has been signed on the left margin of each and every page thereof by the concerned parties and their
witnesses, and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.
Notary Public
Doc. No. ........;
Page No. .......;
Book No. .......;
Series of 20__.
