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Contract Drafts for Real Estate Transactions

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0% found this document useful (0 votes)
8 views9 pages

Contract Drafts for Real Estate Transactions

Uploaded by

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

OBLICON Assignment – Contract Drafts

Instructions: Handwritten in long bond paper. These are templates; replace assumed details with actual handwritten
content.

1. DEED OF CONDITIONAL SALE FOR LAND

DEED OF CONDITIONAL SALE

This Deed of Conditional Sale is executed on this 24th day of November 2025, in Davao City, Philippines, by and between:

Juan D. Santos, of legal age, Filipino, single, and resident of Brgy. Sto. Niño, Davao City, hereinafter referred to as the
SELLER;

-and-

Maria P. Reyes, of legal age, Filipino, single, and resident of Brgy. San Miguel, Digos City, hereinafter referred to as the
BUYER;

WITNESSETH:

WHEREAS, the SELLER is the absolute and registered owner of a parcel of land situated in Brgy. Sto. Niño, Davao City,
covered by TCT No. 123456, containing an area of 500 square meters, more or less;

WHEREAS, the SELLER agrees to sell and the BUYER agrees to buy the above-described property for the total price of
One Million Pesos (₱1,000,000.00), subject to the terms herein agreed;

NOW THEREFORE, for and in consideration of the foregoing premises, the parties hereby agree:

1. The BUYER shall pay a down payment of ₱200,000.00 upon signing of this contract.

2. The balance of ₱800,000.00 shall be paid in 12 monthly installments of ₱66,666.67 starting January 30, 2026.

3. Delivery of title and execution of the Deed of Absolute Sale shall be made only upon full payment of the
purchase price.

4. Default in two consecutive payments shall automatically cancel this contract, and all payments made shall be
forfeited in favor of the SELLER.

IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place above written.

SELLER: _______________________ JUAN D. SANTOS

BUYER: _______________________ MARIA P. REYES

WITNESSES:

ACKNOWLEDGMENT

Republic of the Philippines ) Davao City ) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, Philippines, personally appeared:

Juan D. Santos — ID No. __________ Maria P. Reyes — ID No. __________


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

IN WITNESS WHEREOF, I hereunto set my hand this 24th day of November 2025 at Davao City, Philippines.

NOTARY PUBLIC:

Notary Public Notarial Commission No. ________

2. DEED OF ABSOLUTE SALE

(To continue below...)

---- PAGE BREAK ----

2. DEED OF ABSOLUTE SALE

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and executed this 24th day of November 2025 in Davao City, Philippines, by and
between:

Pedro L. Mendoza, of legal age, Filipino, married to Anna R. Mendoza, and a resident of Brgy. Ma-a, Davao City,
hereinafter referred to as the SELLER;

-and-

Carla V. Domingo, of legal age, Filipino, single, and residing at Brgy. Poblacion, Tagum City, hereinafter referred to as the
BUYER;

WITNESSETH:

WHEREAS, the SELLER is the registered owner of a parcel of land situated in Brgy. Ma-a, Davao City, covered by TCT No.
654321, with an area of 350 square meters, more or less;

WHEREAS, the SELLER has offered to sell the above-described property for the total sum of Eight Hundred Thousand
Pesos (₱800,000.00), and the BUYER has accepted the same;

NOW THEREFORE, for and in consideration of the foregoing, the SELLER hereby sells, transfers, and conveys absolutely
unto the BUYER the above-described parcel of land, together with all its improvements, free from all liens and
encumbrances.

IN WITNESS WHEREOF, the parties have signed this document on the date and place above written.

SELLER: _________________________ PEDRO L. MENDOZA

BUYER: __________________________ CARLA V. DOMINGO

WITNESSES:
ACKNOWLEDGMENT

Republic of the Philippines ) City of Davao ) S.S.

BEFORE ME, a Notary Public for and in Davao City, Philippines, personally appeared:

Pedro L. Mendoza – ID No. __________ Carla V. Domingo – ID No. __________

Known to me to be the same persons who executed this instrument and acknowledged the same to be their free and
voluntary act.

IN WITNESS WHEREOF, I set my hand this 24th day of November 2025.

NOTARY PUBLIC:

Notary Public Commission No. ________

---- PAGE BREAK ----

3. COMPROMISE AGREEMENT

COMPROMISE AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Compromise Agreement is executed on this 24th day of November 2025 at Davao City, Philippines, by and between:

Antonio R. Villanueva, of legal age, Filipino, married, residing at Brgy. Catalunan Grande, Davao City, hereinafter referred
to as the FIRST PARTY;

-and-

Roberto M. Castillo, of legal age, Filipino, married, residing at Brgy. Matina Aplaya, Davao City, hereinafter referred to as
the SECOND PARTY;

WITNESSETH:

WHEREAS, a dispute exists between the parties regarding the unpaid balance of ₱250,000.00 representing the remaining
obligation from a loan agreement executed on April 10, 2024;

WHEREAS, both parties desire to amicably settle the matter to avoid litigation and maintain harmonious relations;

NOW THEREFORE, both parties hereby freely agree to the following terms:

1. The SECOND PARTY acknowledges his outstanding indebtedness in the amount of ₱250,000.00.

2. The SECOND PARTY shall pay the FIRST PARTY the amount of ₱50,000.00 upon signing of this agreement.

3. The balance of ₱200,000.00 shall be paid in four (4) equal monthly installments of ₱50,000.00 starting
December 30, 2025.

4. Failure to pay any installment shall render the agreement automatically terminated, and the FIRST PARTY may
pursue legal action to collect the entire balance plus damages.
5. Both parties waive any future claims and agree that this agreement serves as full and final settlement of the
dispute.

IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first written.

FIRST PARTY:

ANTONIO R. VILLANUEVA

SECOND PARTY:

ROBERTO M. CASTILLO

WITNESSES:

JURAT

SUBSCRIBED AND SWORN TO before me this 24th day of November 2025 in the City of Davao, affiants exhibiting to me
their competent IDs:

Antonio R. Villanueva — ID No. __________ Roberto M. Castillo — ID No. __________

I HEREBY CERTIFY that I personally examined the affiants and that they voluntarily executed the foregoing instrument.

NOTARY PUBLIC:

Notary Public Commission No. ________

---- PAGE BREAK ----

4. DEED OF DONATION INTER VIVOS

DEED OF DONATION INTER VIVOS

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Donation is executed this 24th day of November 2025 in Davao City, Philippines, by and between:

Leonora B. Delgado, of legal age, Filipino, widow, residing at Brgy. Mintal, Davao City, hereinafter referred to as the
DONOR;

-and-

Sofia C. Delgado, of legal age, Filipino, single, daughter of the DONOR, and a resident of Brgy. Mintal, Davao City,
hereinafter referred to as the DONEE;
WITNESSETH:

WHEREAS, the DONOR is the lawful and registered owner of a parcel of land situated in Brgy. Mintal, Davao City, covered
by TCT No. 778899, containing an area of 420 square meters, more or less;

WHEREAS, the DONOR desires to donate the above-described parcel of land to the DONEE out of love and affection;

NOW THEREFORE, for and in consideration of the foregoing and the love and affection of the DONOR for the DONEE, the
DONOR hereby voluntarily donates, transfers and conveys by way of inter vivos donation the above-described property,
together with all its improvements, to the DONEE, who hereby accepts the donation.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date and place above written.

DONOR:

LEONORA B. DELGADO

DONEE:

SOFIA C. DELGADO

WITNESSES:

ACKNOWLEDGMENT

Republic of the Philippines ) City of Davao ) S.S.

BEFORE ME, a Notary Public for and in Davao City, Philippines, personally appeared:

Leonora B. Delgado — ID No. __________ Sofia C. Delgado — ID No. __________

Known to me as the same persons who executed the foregoing instrument and who acknowledged to me that the same
is their free and voluntary act.

IN WITNESS WHEREOF, I have hereunto set my hand this 24th day of November 2025.

NOTARY PUBLIC:

Notary Public Commission No. ________

---- PAGE BREAK ----

5. SPECIAL POWER OF ATTORNEY


SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I, Daniel S. Fuentes, of legal age, Filipino, married, residing at Brgy. Talomo, Davao City, do hereby name, constitute and
appoint Miguel R. Fuentes, of legal age, Filipino, single, residing at Brgy. Talomo, Davao City, as my true and lawful
Attorney-in-Fact to act in my name, place, and stead, to do and perform the following acts:

1. To negotiate, execute, and sign documents relative to the sale of my parcel of land located at Brgy. Talomo,
Davao City, covered by TCT No. 998877, containing an area of 600 square meters;

2. To receive and issue receipts for payments relative to the said sale;

3. To sign any documents, contracts, or government filings in connection with the transfer of the title.

HEREBY giving and granting unto my Attorney-in-Fact full power and authority to perform any act necessary to carry out
the foregoing purposes.

IN WITNESS WHEREOF, I have hereunto set my hand this 24th day of November 2025, in Davao City, Philippines.

PRINCIPAL:

DANIEL S. FUENTES

ATTORNEY-IN-FACT:

MIGUEL R. FUENTES

WITNESSES:

JURAT

SUBSCRIBED AND SWORN TO before me this 24th day of November 2025, affiant exhibiting ID No. __________.

NOTARY PUBLIC:

Notary Public Commission No. ________

---- PAGE BREAK ---

6. REAL ESTATE MORTGAGE CONTRACT (LAND)

REAL ESTATE MORTGAGE CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This Real Estate Mortgage Contract is executed this 24th day of November 2025, at Davao City, Philippines, by and
between:
JASON T. MERCADO, of legal age, Filipino, married, and a resident of Brgy. Ulas, Davao City, hereinafter referred to as
the MORTGAGOR;

-and-

PRIME TRUST LENDING CORPORATION, a lending institution duly registered with the SEC, represented herein by MARIA
L. VILLAR, of legal age, Filipino, single, with office address at J.P. Laurel Avenue, Davao City, hereinafter referred to as
the MORTGAGEE;

WITNESSETH:

WHEREAS, the MORTGAGOR obtained a loan from the MORTGAGEE in the amount of Seven Hundred Fifty Thousand
Pesos (₱750,000.00);

WHEREAS, as security for the payment of the said loan, the MORTGAGOR voluntarily mortgages a parcel of land more
particularly described as follows:

A parcel of land situated in Brgy. Ulas, Davao City, covered by TCT No. 556677, containing an area of Four Hundred
(400) square meters, bounded as follows: North – Residential Lot; South – Barangay Road; East – Lot of Santos Family;
West – Creek.

NOW THEREFORE, for and in consideration of the above, the MORTGAGOR hereby mortgages the above-described land
to the MORTGAGEE, subject to foreclosure in case of nonpayment.

This mortgage shall remain valid until the full settlement of the loan including interest of 12% per annum, payable within
twelve (12) months from the date of execution.

IN WITNESS WHEREOF, the parties have affixed their signatures on the date and place above written.

MORTGAGOR:

JASON T. MERCADO

MORTGAGEE:

MARIA L. VILLAR
Representative, Prime Trust Lending Corp.

WITNESSES:

ACKNOWLEDGMENT

Republic of the Philippines )


City of Davao ) S.S.

BEFORE ME, a Notary Public in and for Davao City, personally appeared:
Jason T. Mercado – ID No. _______
Maria L. Villar – ID No. _______

Known to me as the same persons who executed this document and acknowledged that it is their free and voluntary act.

IN WITNESS WHEREOF, I hereby affixed my signature this 24th day of November 2025.
NOTARY PUBLIC

---- PAGE BREAK ----

7. CONTRACT TO SELL

CONTRACT TO SELL

This Contract to Sell is made and executed this 24th day of November 2025 in Tagum City, Philippines, by and between:

LORENZO P. RAMOS, of legal age, Filipino, married, and a resident of Brgy. Magugpo East, Tagum City, hereinafter
referred to as the SELLER;

-and-

BEATRIZ M. DELA CRUZ, of legal age, Filipino, single, and residing at Brgy. Madaum, Tagum City, hereinafter referred to
as the BUYER;

WITNESSETH:

1. The SELLER is the lawful owner of a parcel of land located at Brgy. Magugpo East, Tagum City, covered by TCT No.
889900 containing an area of 300 square meters.

2. The SELLER agrees to sell and the BUYER agrees to purchase said property at a price of One Million Pesos
(₱1,000,000.00).

3. The BUYER shall pay a down payment of ₱200,000.00 upon signing of this contract.

4. The remaining balance of ₱800,000.00 shall be paid in 10 equal monthly installments of ₱80,000.00 starting
January 30, 2026.

5. Ownership and transfer of title shall be executed only upon the full payment of the purchase price.

6. Failure to pay two consecutive installments shall automatically cancel this contract.

IN WITNESS WHEREOF, parties sign on the date written.

SELLER: ___________________________
LORENZO P. RAMOS

BUYER: ____________________________
BEATRIZ M. DELA CRUZ

WITNESSES:

---- PAGE BREAK ----


8. LEASE CONTRACT

LEASE AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Lease Agreement is executed this 24th day of November 2025, in Digos City, Philippines, by and between:

ERNESTO A. GREGORIO, of legal age, Filipino, married, residing at Brgy. Aplaya, Digos City, hereinafter referred to as the
LESSOR;

-and-

KATRINA F. SORIA, of legal age, Filipino, single, residing at Brgy. Tres de Mayo, Digos City, hereinafter referred to as the
LESSEE;

WITNESSETH:

1. The LESSOR rents out to the LESSEE a commercial space located at Brgy. Aplaya, Digos City for business
purposes.

2. The lease is for a period of one (1) year, beginning December 1, 2025 to November 30, 2026.

3. Monthly rental is ₱15,000.00, payable every 1st day of the month.

4. A security deposit of ₱15,000.00 shall be paid upon signing.

5. Utilities shall be borne by the LESSEE.

6. Either party may terminate this contract upon 30-day written notice.

Signed this 24th day of November 2025.

LESSOR: ___________________________
ERNESTO A. GREGORIO

LESSEE: ____________________________
KATRINA F. SORIA

WITNESSES:

ACKNOWLEDGMENT

Duly subscribed and sworn to before me this 24th day of November 2025 in Digos City.

NOTARY PUBLIC

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