DEED
OF ASSIGNMENT AND TRANSFER OF RIGHTS
KNOW ALL MEN BY THIS PRESENTS:
This deed, made and entered into this ___ day of __________, 20__ at the City of Manila, by and between:
Juan de la Cruz,
Filipino Citizen, of legal age, married to Juanita de la Cruz with residence
and postal address at 1234 Oak Lane, Standard Subdivision, Quezon City,
hereinafter referred to as the "ASSIGNOR"
-and-
Pedro San Juan,
Filipino Citizen, of legal age, married to Patricia San Juan with residence and
postal address at 123A Somerville Plaza Tower, 5678 Mahogany Avenue, Manila,
hereinafter referred to as the "ASSIGNEE".
WITNESSETH
that -
WHEREAS the ASSIGNOR is the buyer of a 2-bedroom unit, located at 18C,
Grand Towers Condominium, 234 Taft Avenue, Manila, with an area of SEVENTY
EIGHT (78) SQUARE METERS more or less, covered by Condominium Certificate Title
No. 98765 of the register of Deeds of Manila, registered in the
name of the
Bank of the Philippine Islands.;
WHEREAS, the ASSIGNOR has offered to to assign all his rights, title and
interest over the above unit, as referred in said Contract to Sell and the
ASSIGNEE hereby accepts the assignment in accordance with the terms herein set
forth;
NOW, THEREFORE, for and in consideration of the foregoing premises and
the sum of ONE MILLION PESOS (1,000,000.00), PHILIPPINE CURRENCY, which
the ASSIGNOR hereby acknowledged to have received from the ASSIGNEE, the
ASSIGNOR hereby assigns, transfers and conveys unto the ASSIGNEE, all his
rights, title and interest to the aforementioned property and and appurtenant
interest in the Condominium project pursuant to this Agreement and the ASSIGNEE by these presents hereby accepts
the assignment and agrees to be bound by the terms and conditions of the
Contract to Sell and the rules and regulations, and restrictions pertaining to
the said unit.
IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first above written.
(Juan
de la Cruz)
(Pedro San Juan)
ASSIGNOR
ASSIGNEE
Signed in
the presence of:
_____________________________
______________________________
ACKNOWLEDGEMENT
NOTE: AN ACKNOWLEDGMENT
FORM CAN BE VIEWED IN ANOTHER POST UNDER LEGAL FORMS