January 18, 2015
MAGANDA B
AKOH
No.
123 May Bukas Pa Road,
Barangay
Bagong Buhay,
City
of Mandaluyong
NOTARIAL CANCELLATION OF CONTRACT TO SELL
Dear
Ms. Akoh:
This refers
to the house and lot that you purchased from Carmela Homes, Inc per Contract to
Sell dated 21 June 2012 located No. 123 May Bukas Pa Road, Barangay Bagong
Buhay, City of Mandaluyong, and covered by Transfer Certificate of Title No.
05-1234567 of the Registry of Deeds of Mandaluyong City.
As of
December 31, 2014, your outstanding obligation amounted to ONE MILLION FIVE HUNDRED FIVE THOUSAND PESOS (₱1,505,000.00). Despite
written demands and the lapsed of the grace period provided by law, your past
due obligation with Carmela Homes, Inc. remains unpaid.
In view
thereof, please be informed that your rights under the aforesaid Contract To
Sell is hereby cancelled effective Thirty
(30) days from receipt of this notice.
Very truly
yours,
ATTY. DIWATA NG BAHAGHARI
Head, Legal
Department
JURAT
SUBSCRIBED AND SWORN to, before
me, in City of Mandaluyong, this 20th day of January 2005, after the
affiant exhibited to me her TIN No. 118-618-1228 issued on 25 January 1992, at Mandaluyong
City.
NOTARY
PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2015.
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ACKNOWLEDGMENT
Received by: _______________________________________
Date : _______________________________________
Hi. Jurat in an NOC is no longer a sufficient notarial act. If an NOC is notarized with a Jurat, the notarized NOC requirement under maceda is not satisfied. Consequently, the Contract to sell is not considered cancelled. Thus buyer has right to treat the contract as valid and subsisting.
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