NOW THEREFORE, for and taking into account the total sum of (amount in words) (Php: 000,000.00) of the Philippine currency, and agreements mentioned in this regard after the installation of the VENDOR, the property mentioned above for sale, and the BUYER/VENDEE undertakes to purchase the property mentioned above under the following conditions: (Note: Terms and Conditions are only models, please revise) Philippines Legal Forms is the website to find the basic formats of forms, contracts and agreements commonly used in the Philippines, for example. B sale. All Philippine legal forms and contracts on this website are to be copied free of charge for visitors to the site and reviewed for their personal use. However, a new publication in print, online or other media is subject to written authorization. To copy a free template, contract or agreement on this site, check the entire document with the right mouse button, then copy it on MS Word or Notepad. Fill in the names of the parties involved, their addresses, witnesses to the agreement and other information, and then leave the notarial document hay. It is strongly recommended to consult a lawyer and have a custom document drawn according to your requirements. It is essential to clearly understand everything that is written in a pre-signature legal document, as it will be legally binding. All legal forms of this site are designed as a reference and are proposed as before. By using a document on this site, it means that you understand and agree to keep the author free of any responsibility. Always seek legal advice before entering into a contract, agreement or executing a legal document. (b) The balance of SEVEN HUNDRED THOUSAND (PHP: 700,000.00) PESOS must be paid in cash on or before the purchase/seller has offered to buy and that the seller/Vendor has agreed to sell the property mentioned above under the terms listed below; 4.
The holding of the property concerned is handed over by the VENDEUR/VENDOR to THE BUYER/VENDEE for payment of the entire consideration; 5. If the total price is paid in full, the VENDEUR/VENDOR signs and executes a DEED OF ABSOLUTE SALE for the benefit of THE BUYER/VENDEE. The VENDEUR/VENDOR also executes all documents and/or provides all documents, including, but not limited, to the original copy of the title certificate, tax return and all other documents necessary for the transfer of ownership from VENDEUR/VENDOR to BUYER/VENDEE. One. The total contribution is one million (Php: 1,000,000.00) pesos, Philippine Mint, payable as follows: c) If the cheque representing the payment of the balance provided in paragraph b is disgraced by the draw bank, the serious money of 3 HUNDRED THOUSAND (Php: 300,000.00) pesos is cancelled in favor of the VENDRS/VENDOR.