CONDITIONAL CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT made and entered into in Butuan City City, Philippines, this
_____day of ______________, 200__ by and between:
Butuan Habitat for Humanity, a nonstick nonprofit housing ministry created and
existing under the laws of the republic of the Philippines, with office at BCLDS< JC Aquino
Avenue, Butuan city, represented herein by its President MRS. JOWENA JAN M. HIPONIA by
virtue of BOD Resolution No. ____ series of 2009 hereinafter referred to as the HABITAT
--and
LYzel plaza-Mero of legal age, Filipino, with residence and postal address
Block__Lot__Lopez Habitat Village, Purok 5, Baan, Butuan City and herein after referred to as
the HOMEPARTNER.
WITNESSETH: THAT
WHEREAS, the homepartner would like to avail the Habitat house and lot at Baan3,
Butuan City through PAG-IBIG;
WHEREAS, HABITAT is willing to grant the HOMEPARTNERS request
NOW THEREFORE, for and in consideration of the foregoing premises, the HABITAT
agrees to sell and the HOMEPARTNER to buy the above described house & lot under the
following terms and conditions.
1. The HOMEPARTNER shall apply for a lot purchase and house construction loan
with PAB-IBIG in the amount of __________ to pay HABITAT for the house and
lot. The proceeds/check of the PAG-IBIG loan shall be paid to and in the name of
BUTUAN HABITAT FOR HUMANITY, INC.
2. For purposes of the loan, HABitat shall allow the transfer of the title in the name of
the HOMEPARTNER but only after the issuance of a letter of guarantee from PAGIBIG.
3. That after receipt of the payment, HABITAT shall start house construction in
accordance with the approved plans, procedures and specifications.
4. All expenses, such as capital gains tax, transfer tax, documentary tax, notaial fees,
real property tax, etc., shall be to the account of the HOMEPARTNER
This Contract shall be binding upon the heirs, successors, executors, administrators and
assigns of the respective parties hereto.
IN WITNESS WHEREOF, the parties have hereunto set their hands at the place and
date first above written:
BUTUAN HABITAT FOR HUMANITY, INC
By:
Jowena-jan m. hiponia
President
CTC NO/date/place issued:_____________

LYZEL PLAZA-MERO
HOMEPARTNER
ctc no/date/place issued:__________

TIN _________________

TIN _____________________

SIGNED IN THE PRESENCE OF:

____________________
Witness

_______________________
Witness
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES

CITY OF Butuan

)
) S. S.

I certify that on this date, before me, notary public duly authorized in the city name
above to take acknowledgments, personally appeared the abovenamed persons, who were
identified by me through competent evidence of identity to be the same persons described in the
foregoing instrument, who acknowledge before me that their respective signatures on the
instrument were voluntarily affixed by them for the purposes stated therein, and who declared to
me that they have executed the instrument as their free and voluntary act and deed and that they
have authority to sign on behalf of the respective principals.
The foregoing instrument is a Conditional Contract to sell covering the abovementioned
property
WITNESS MY HAND AND SEAL, this ____ day of __________ in Butuan City.

Doc. No. ____;

Page No. ____;
Book No. ___;
Series of 20__: