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DEED OF ABSOLUTE SALE (annex A)

This Deed of Absolute Sale, made and entered into this September 24 2006 at Makati City,
Philippines, by and between:
Poging Pogi Real Estate Development Inc, with office address at Suite 1234 Tower One &
Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, represented in this act by the sole
partners ATTY. Ramon Bautista, hereinafter referred to as the SELLER
- and
Mrs. Jocelyn Castillo-Foster of legal age, married, Filipino, and with residence and postal
address at 1000 President Avenue, BF Homes, Paranaque, hereinafter referred to as the
BUYER
WITNESSETH: that-

WHEREAS, the SELLERS is the legal registered owner of a Condominium unit situated at Unit
1202, EGI Towers, Taft Ave., Manila, respectively covered by Condominium Certificate of Title
Nos. 8555 and 8556 issued by the Register of Deeds of Manila City (hereinafter referred to as the
PROPERTY), more particularly described as follows:
Condominium Certificate of Title No. 85555
Register of Deeds for Manila City

a Condominium unit situated at Unit 1202, EGI Towers, Taft Ave., Manila with a Net floor area
of 36 square meters.

Condominium Certificate of Title No. 85556


Register of Deeds for Manila City
WHEREAS, the SELLERS wishes to sell and the BUYER has agreed to purchase
the PROPERTY free from all liens and encumbrances of any kind and nature;
NOW, THEREFORE, for and in consideration of the foregoing premises and more particularly
for the price of THIRTEEN MILLION PESOS (PHP13,000,000.00), Philippine Currency, the
receipt whereof is hereby acknowledged from the BUYER to the entire satisfaction of
the SELLERS, the said SELLERS does hereby sell, transfer and convey in a manner absolute

and irrevocable unto the said BUYER, their heirs and assigns, the said PROPERTY
including all the rights and interests in the common areas, and the interests in the
condominium corporation appurtenant to such PROPERTY, and subject further to:
a)

The provisions of the Condominium Act;

b)

The Master Deed with the Declaration of Restrictions;

c)
d)

The Articles of Incorporation and the By-Laws of the condominium corporation;


The restrictions, limitations and easements of record;

e)
The zoning or other restrictions upon the use of the property as may be imposed by
the Government and other government authorities having jurisdiction over the same.
The payment of the capital gains tax due on the sale of the Property shall be for the sole account
of the SELLERS.
The documentary stamp taxes on the sale of the Property from the SELLERS to the
BUYER, transfer tax and the expenses for registration of the Property in the name of
the BUYER shall be for the sole account of the BUYER.
IN WITNESS HEREOF, we have hereunto set our hands on the date and at the place first
indicated above.

Atty. Ramon Bautista (sgd)


For
Poging Pogi Real Estate Development Inc
Sellers

Mrs. Jocelyn Castillo-Foster (sgd)


Buyer

ACKNOWLEDGMENT
Republic of the Philippines)
Makati City

) S.S.

BEFORE ME, a Notary Public for and in the above-indicated locality, on this
____________________ personally appeared:

NAME:

RES.

CERT. NO./
Passport No.

ATTY. Ramon Bautista

_________________

Mrs. Jocelyn Castillo-Foster

_________________

DATE/PLACE

ISSUED:

__/__/__/_____________
__/__/__/_____________

known to me and to me known to be the same persons who executed the foregoing Deed of
Absolute Sale and acknowledged to me that the same is their free and voluntary act and deed.
I HEREBY CERTIFY that this instrument which consists of three (3) pages, including this page
whereon this Acknowledgement is written, have been signed by the parties and their instrumental
witnesses on the appropriate spaces on page two (2) and on the left margin of the other pages,
and refers to the Deed of Absolute Sale covering two condominium units located at the
14TH Floor of Ayala Triangle, Tower 1, Ayala Avenue, Makati City, Philippines and covered by
Condominium Certificate of Title Nos. 85306 and 85307, issued by the Register of Deeds of
Makati City
WITNESS MY HAND AND SEAL on the date and at the place first above-written.
Doc No. _____

(sgd) Atty. Chino Tio

Page No:_____

Notary Public

Book No:_____

PTR No. xxxxx/ xxxx

Series No:_____

IBP No. xxxxx/xxxx Comm No. xxxx/xxx


Office Add: 13 Arnaiz St., Makati City

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