AUTHORITY TO SELL

TO:

RICHARD E. VILLANUEVA, ELIZABETH V. DELGADO, MARIBEL F. LLAMAS,

EFREN JIMENEZ, RAMON V. APIN JR, MALOU FIKO, GERALDINE BANAYO
AND JOSEPHINE BRIONES.

I hereby give you from this date and for such further periods as I may authorize, the exclusive
authority to negotiate for the sale of the following described property, subject to the terms and conditions
herein stated.
OCT NO.
LOCATION
LOT AREA
PRICE
TERMS OF PAYMENT

: 4136
: BOTOLAN, ZAMBALES
: 407 HECTARES
: (50) FIFTY PESOS PER SQ.M. (NET)
: CASH BASIS

COMMISSION: Five percent (5%) of the purchase price payable upon consumption of then contract.
EXPENSES:
All maintenance, utility account and real estate taxes up to date of consummation of the sale shall
be the account of the buyer.
Capital gains tax and withholding tax or value added tax shall be for the account of buyer.
Documentary stamps to be affixes on the Deed of Absolute Sale, Registration and Transfer Fees, Legal
Notarial and other incidental expenses shall be for account of the buyer.

WILFREDO SUMULONG TORRES

Chairman / President

DELMO DELA CRUZ DELGADO

Atty. In-Fact/Authorized Representative

Conformed: Authorized Agents

SUBSCRIBED and SWORN

__________________________.

TO

BEFORE

ME

this

___

day

of

____________

Notary Public

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2016.

in

MEMORANDUM OF AGREEMENT

We, the undersigned, of legal age for and in consideration of our mutual interest, do hereby
voluntary agree to share the (5%) five percent commission derived our of the final selling from the
BUYER, in the event that the real estate property more particularly described below:
TITLE/OCT NO.
LOCATION
AREA
PRICE

: 4136
: BOTOLAN, ZAMBALES
: 407 HECTARES
: P50.00 PER SQUARE METER (NET)

Negotiate for the sale to the group represented by ht undersigned is successfully consummated the sharing
of the commission of the final selling price of 2.5% two ways.
Name of Agent
RICHARD E. VILLANUEVA
ELIZABETH V. DELGADO
MARIBEL F. LLAMAS
EFREN JIMENEZ
MALOU FIKO
RAMON V. APIN JR.
GERALDINE BANAYO
JOSEPHINE BRIONES

ID Number
273-532-673-000
_______________________
914-988-888-000
_______________________
_______________________
_______________________
_______________________
_______________________

Signature
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________
_______________________

REGISTERED BUYER:
REGISTERED OWNER OF THE PROPERTY: IGNACIO CONRADO
This agreement would be final and executor immediately upon consummation of the sale of the
property to the buyer. However, if the said transaction does not materialize; then this agreement will have
been deemed void and spurious.
IN WITNESS WHEREOF, the parties set their hands this ____ day of March 2016, in the City of
Manila.

Notary Public

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2016.

AGREEMENT WITH UNDERTAKING

KNOW ALL MEN BY THESE PRESENTS:

This agreement made me and entered into this March , 2016, by and between DELMO DELA
CRUZ DELGADO of legal age, married, Filipino and with residence at Tondo, Manila authorized
representative of the Registered Co-Owners by virtue of a substitution of Attorney-In-Fact, dated July 2,
2015 and entered into the Notarial Register of Atty. Cris T. Palulanan entered as documents no. 1236,
page no. 50, book no.VI and series of 2015 hereafter referred to as the owner.
-andRICHARD E. VILLANUEVA, MARIBEL F. LLAMAS, ELIZABETH V. DELGADO, EFREN
JIMENEZ, MALOU FIKO AND GERALDINE BANAYO, legal age, Filipinos and residents of
Sariaya,Quezon and San Pablo, Laguna respectively, hereafter referred to as the AGENTS, attest and
witnesseth.
That the subject matter of this agreement pertains to the power to offer and negotiate the sale of
the undivided portion, in particular, the Four Hundred Seven Hectares (407 HA) owned and registered in
the names of the owner IGNACIO CONRADO and which property is covered by Original Certificate of
Title (OCT) No. 4136, consisting of 407 hectares and located in Botolan, Zambales.
That the Agents were authorized commissioned and hired to find, identify and broker the said
property (portion) to prospective or interested buyers, under the agreement that the Agents shall be
entitled and shall receive form the owner the amount equivalent to (5%) five percent of the gross selling
price for which they said property were sold by the owners, and which shall be paid by the owner up to
the Agents upon the payment by the Buyer of the said property.
That the owner hereby confirms that the Agents had already pursued and facilitated the offer and
negotiation to have the said property sold, and the owner hereby recognized that the agents have first
registered and attend to the Buyer, its affiliates first among any Agents which may have placed any
interest on the property.
That the owner fixed the price of the property at the minimum price Fifty Pesos (P50.00) per
Square Meter (SQ.M.) net. By had expressly allowed the Agents to over it at a higher price or margin in
which events to over price shall belong to the Agents in addition to the five percent (5%) commission
computed from the price Fifty Pesos (P50.00) per Square Meter fixed.
That in the event that a consent to sell was executed by the Owner and the Buyer, the Owner shall
release and pay the Agents the corresponding total amount computed on the first or partial payment made
by the Buyer, and the same process shall be observed. For any term payments to be made by the Buyer to
the Owner until the full payment of the purchase price has been made.
That the parties have fully understand the terms and tenor of this contract and have covenanted to
be strictly bound by the same.
IN WITNESS WHEREOF, we have
__________________________ at the City of Manila.

hereunto

DELMO DELA CRUZ DELGADO

For Himself and as Attorney-In-Fact
of the Registered Co-Owner

affixed

our

signatures,

this

CONFORMED:
RICHARD E. VILLANUEVA
ELIZABETH V. DELGADO
MARIBEL F. LLAMAS
EFREN JIMENEZ
RAMON V. APIN JR.
MALOU FIKO
GERALDINE BANAYO
JOSEPHINE BRIONES
AGENTS
SIGNED IN THE PRESENCE OF:
__________________________________

_______________________________

REPUBLIC OF THE PHILIPPINES

CITY OF MANILA)
x-----------------------------------------x

ACKNOWLE DGMENT
BEFORE ME, a Notary Public for and in City of Manila this March
appeared the following persons with their
to wit.
DELMO D. DELGADO
RICHARD E. VILLANUEVA
ELIZABETH V. DELGADO
MARIBEL F. LLAMAS
EFREN JIMENEZ
MALOU FIKO
RAMON V. APIN JR.
GERALDINE BANAYO
JOSEPHINE BRIONES

, 2016 personally

______________________
______________________
______________________
______________________
______________________
______________________
______________________
______________________
______________________

Known to me and known as the same persons who executed the foregoing agreements with undertaking,
consist of two (2) pages, including this acknowledgement to me that the same is their free act and deed.
WITNESS MY HAND AND SEAL, this ________________________, at the City of Manila.

Notary Public

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2016.