SALE AGREEMENT
Sample SALE AGREEMENT
This agreement is being entered unto between _________________ and ______________, married, of legal ages, residents of _________________.
And
________________, married to ______________, of legal age, with registered address at ________________ as follows:
1. THAT Ms. ____________ is the legal owner of a certain lot with an area of more or less ______, located at ______________.
2. THAT Mr. _____________ agreed to buy said property for the amount of P ___________, and that said amount will be deposited in the Bank Account of ____________, at ___________, with an account no. __________.
3. THAT both agreed that the initial down payment will be P ______________ and the balance will be given by Mr. ___________ upon execution of the Deed of Sale in favor of Mr. ___________ within a period of two to three months from date of receipt of down payment.
4. THAT the vendor is liable for any legal or criminal liability regarding the authenticity for the ownership of said property and the vendee is free from whatever liens and encumbrances that may occur.
IN WITNESS WHEREOF, We have hereto affixed our signatures this _______ of ______, 2006.
______________________ _______________________
SIGNED IN THE PRESENCE OF
_____________________ _______________________
A C K N O W L E D G E M E N T
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