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Affidavit of Adverse Claim

The document is an Affidavit of Adverse Claim filed by an individual who entered into a Deed of Conditional Sale in 2013 to purchase a parcel of land, but still owes a balance of 500,000 pesos that is due within one year. Under the terms of the Deed, ownership will only transfer upon full payment. The Affidavit is being filed to support a request to annotate an adverse claim on the title since the Deed itself could not be directly annotated.

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Haryeth Camsol
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100% found this document useful (3 votes)
5K views2 pages

Affidavit of Adverse Claim

The document is an Affidavit of Adverse Claim filed by an individual who entered into a Deed of Conditional Sale in 2013 to purchase a parcel of land, but still owes a balance of 500,000 pesos that is due within one year. Under the terms of the Deed, ownership will only transfer upon full payment. The Affidavit is being filed to support a request to annotate an adverse claim on the title since the Deed itself could not be directly annotated.

Uploaded by

Haryeth Camsol
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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REPUBLIC OF THE PHILIPPINES)

La Trinidad, Benguet ) S.S.


x-------------------------------------x

AFFIDAVIT OF ADVERSE CLAIM


I, _______________, of legal age, Filipino, single and a resident of _______________,
after having been duly sworn to in accordance with law, depose and state:

1. That on July 10, 2013, I have entered into a Deed of Conditional Sale which was
acknowledged on the same date before Notary Public Juan Tamad of Makati City
and entered in his Notarial Register as Doc. No. 2, Page 2, Book II, Series of
2013. A copy of the said Deed is hereto attached as ANNEX “A” and made an
integral part of this Affidavit;

2. That in the said Deed of Conditional Sale, I was the VENDEE of a certain parcel
of land covered by Transfer Certificate of Title No. 111222, more particularly
described as follows:

(Technical Description of Property)

3. That because I still have a balance on the purchase price in the amount of
P500,000.00 which is payable within one (1) (year) from the date of signing
thereof, it was stipulated in the aforementioned Deed that title and ownership
over the subject property will only be transferred upon full payment of the same;

4. That the VENDOR in the said Deed of Conditional Sale agreed that upon its
execution, said Deed shall be annotated in the Title with the Office of the
Register of Deeds of Makati City;

5. However, since the said Deed of Conditional Sale per se could not be annotated
on the Title with the Office of the Register of Deeds, I am therefore executing this
Affidavit for the purpose of attesting to the truthfulness of the foregoing
allegations and in support of my request for the annotation of an adverse claim
over the parcel of land covered by the Transfer Certificate of Title No. 111222.

IN WITNESS WHEREOF, I have hereunto set my hand this ___ day of ___________ in
La Trinidad, Benguet, Philippines.

_____________________________
Affiant

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