Friday, November 13, 2015

Deed of Donation Inter Vivos (Parcel of Land)


DEED OF DONATION INTER VIVOS
(PARCEL OF LAND)


Know all men by these presents:

That this DEED OF DONATION, made and entered into by and between: ______________________, Filipino citizen, of legal age, widow and a resident of ______________________, Philippines, hereinafter referred to as the DONOR, and ______________________, single, ______________________, married, and ______________________, married, all Filipino citizens, of legal ages and residents of  ______________________, ______________________, and ______________________, Philippines, respectively, hereinafter referred to as the DONEES:

-- WITNESSETH –

That the DONOR is the owner of  a parcel of  land situated at ______________________ and more particularly described and bounded as follows:
           
“A parcel of land (Lot _____, Case _____, Cad-_____) under OCT No. ___________ in the name of ______________________, situated in the ______________________, bounded on the SW., along line ______ by lot _____, along line ______ by lot ______, on the NW., on point .... all of Cad-_____, ______________________, containing an area of ______________________ Square Meters (_____ Sq.m.) more or less. [herein attached as Annex “A”]”

That for and in consideration of the love and affection which the DONOR has for her CHILDREN, the DONEES, the said DONOR hereby TRANSFERS, GIVES and CONVEYS unto the DONEES, their heirs, successors and assigns, the property above-described, including all existing improvements found thereon, free from all liens and encumbrances and charges of whatsoever nature;

That the DONOR hereby states, for the purpose of giving full effect and validity to this donation, that she has reserved for herself sufficient property, in full ownership or in usufruct, which is necessary and adequate for her support in consonance with her standing in society;

That the DONOR further states, for the purpose as expressed in the next preceding paragraph, that this donation is not made with the object of defrauding her creditors, having reserved to herself  sufficient property  to answer for her debts contracted prior to this date;

That the DONEES hereby accept this donation and hereby express their gratitude for the kindness and liberality of the DONOR, their beloved MOTHER;

IN WITNESS WHEREOF, the DONOR and the DONEES have hereunto set their hands on this ________________________ at ______________________, Philippines.



                ______________________                            ______________________
       DONOR                                                       DONEE


     ______________________                             ______________________
                             DONEE                                                          DONEE


SIGNED IN THE PRESENCE OF:


______________________________            ______________________________
                           Witness                                                      Witness



ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
CITY OF ________________          ) S.S.


            BEFORE ME A NOTARY PUBLIC, for and in the City of Cebu, on ____________________ personally appeared the following with their respective IDs:

Name
ID No.
Date & Place of Issue













personally known to me to be the same persons who executed the foregoing instrument and being informed by me of the contents of the foregoing instrument, they acknowledged before me that they executed the same on their own free will and deed.

            WITNESS MY HAND AND SEAL on the date and place first above written.


Doc. No. _____;        
Page No. _____;
Book No. _____;
Series of 2015.

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