This contract establishes the sale of construction materials from RC Construction Supply to Asaph Cerda of DMCI Corporation. RC Construction Supply agrees to deliver specified materials on three dates in February and March 2014. The total cost is 1,000,000 Philippine pesos to be paid in two installments - 200,000 pesos upon signing and 800,000 pesos upon delivery. The contract specifies terms regarding delivery delays, quality standards, and cost of delivery. Both parties signed on February 1, 2014 in Makati City in the presence of witnesses.
This contract establishes the sale of construction materials from RC Construction Supply to Asaph Cerda of DMCI Corporation. RC Construction Supply agrees to deliver specified materials on three dates in February and March 2014. The total cost is 1,000,000 Philippine pesos to be paid in two installments - 200,000 pesos upon signing and 800,000 pesos upon delivery. The contract specifies terms regarding delivery delays, quality standards, and cost of delivery. Both parties signed on February 1, 2014 in Makati City in the presence of witnesses.
This contract establishes the sale of construction materials from RC Construction Supply to Asaph Cerda of DMCI Corporation. RC Construction Supply agrees to deliver specified materials on three dates in February and March 2014. The total cost is 1,000,000 Philippine pesos to be paid in two installments - 200,000 pesos upon signing and 800,000 pesos upon delivery. The contract specifies terms regarding delivery delays, quality standards, and cost of delivery. Both parties signed on February 1, 2014 in Makati City in the presence of witnesses.
This contract establishes the sale of construction materials from RC Construction Supply to Asaph Cerda of DMCI Corporation. RC Construction Supply agrees to deliver specified materials on three dates in February and March 2014. The total cost is 1,000,000 Philippine pesos to be paid in two installments - 200,000 pesos upon signing and 800,000 pesos upon delivery. The contract specifies terms regarding delivery delays, quality standards, and cost of delivery. Both parties signed on February 1, 2014 in Makati City in the presence of witnesses.
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CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this 1 st day of February, 2014 by and between:
RC CONSTRUCTION SUPPLY, and with residence and postal address at , #234 Tagak St., Barangay Rizal, Makati City, hereinafter referred to as the "SELLER/VENDOR";
-AND-
ASAPH CERDA, Filipino and with residence and postal address at #845 Acacia St. Gubat, Sorsogon, hereinafter referred to as the "BUYER/VENDEE" acting in behalf of DMCI CORPORATION.
WITNESSETH;
WHEREAS, the SELLER/VENDOR is obliged to deliver the following construction materials on Feb. 12, 2014: 156 9mm steel bar 89 2x2 lumber 67 2x4 lumber 6 kls #5 nail 100 sacks of cement 3 cubic meter of pure sand 5 cubic meter of gravel 1000 hallow blocks Feb. 28,2014:
167 sacks of cement 18 cans of paint 100m electric wire 70 8mm steel bar 21 cubic sand 15 cubic meter gravel 100 hallow blocks
March 01, 2014
17 electric tape 100 teflon tape 200 cans of paint 30 cubic meter pure sand 30 sacks sahara cement 100 9mm steel bar 500 hallow blocks
WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has agreed to sell the above mentioned property under the terms and conditions herein below set forth;
NOW THEREFORE, for and in consideration of the total sum of (Amount in words) (Php: 1,000,000.00) Philippine Currency, and of the covenants herein after set forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid property subject to the following terms and conditions:
1. The total consideration shall be One Million (Php: 1,000,000.00) PESOS, Philippine Currency, payable as follows: a) The amount of THREE HUNDRED THOUSAND (Php: 200,000.00) PESOS, representing earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this Contract to Sell;
b) The remaining balance in the amount of SEVEN HUNDRED THOUSAND (Php: 800,000.00) PESOS, shall be paid in Cash on delivery
2. In case the seller delays on the delivery the buyer shall have the right to automatically rescind this contract 3. The seller must deliver the construction supply in good quality which is passed on international standards of construction, failure to observe this shall give the buyer the right to reject the delivery and shall pay only if the goods were delivered on good conditions;
4. The Cost of delivery shall be borne by the seller
5. The seller shall issue receipts upon delivery.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this 1st day of February, 2014 atMakati City, Philippines.
RC CONSTRUCTION SUPPLY ASAPH CERDA Name Name
SIGNED IN THE PRESENCE OF:
TESS TIGO IRMA PIRMA
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES) MAKATI CITY ) SS.
BEFORE ME, a Notary Public, this 1 ST day of February, personally appeared the following:
Name CTC Number Date/Place Issued RECHELLE CADUNGAN (in behalf of RC Corp.) 10000000 February 5, 2003/ Pasay City (ASAPH CERDA) 10000000 January 14, 2007/ Quezon City
This instrument, consisting of 3 page/s, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.
Atty. Abe O. Gado Notary Public for Makati Unit 1, X building, Fez Ave. Makati City Appointment No. 123, Until 12, 31, 16 IBP No. 12345; 01/10/05 Manila PTR No. 122345; 01/10/10 - Makati Roll No. 123456; 05/05/05 MCLE No. I - 001562525; 9/09/09 MCLE No. II - 095624587; 9/09/11 Serial No. of Commission M - 123
Doc. No. 12 - 35465; Page No. 13; Book No. V; Series of 2014.