Exchange of Real Estate


DEED OF EXCHANGE

KNOW ALL MEN BY THESE PRESENTS:

 

This DEED OF EXCHANGE, made and executed by and between __________________ Filipino, of legal age, single (or married to _________________), with residence and post-office address at ______________________ and ___________________ Filipino, of legal age, single (or married to_________________), with residence and post-office address at ________________________________.

 

WITNESSETH:

 

That the said _______________ is the owner in fee simple of that certain parcel of land with improvements thereon, situated in ______________________            , and more particularly described as follows, to wit:

 

(Description of property)

His title thereto being evidenced by Transfer (or Original) Certificate of Title No.____________           of the Registry of Deeds of ________________;

 

That the said ____________________ is, on the other hand, the owner in fee simple of that certain parcel of land with improvements thereon situated in ______________ and more particularly described as follows, to wit:

(Description  of  property)

 

His title thereto being evidenced by Transfer (or Original) Certificate of Title No.___________ of the Registry of Deeds of _______________;

 

That both parties hereto have mutually agreed to exchange their respective properties as above-described, each free from all liens and encumbrances whatsoever;

 

WHEREFORE, the said  ______________ does hereby CEDE, TRANSFER and CONVEY unto the said _______________ the real estate first above-described, with all the improvements thereon; and likewise, the said ____________________, in turn, does hereby CEDE, TRANSFER, and CONVEY unto the said ___________________ the real estate described in the second instance, with all the improvements thereon;

 

That the respective parties hereto warrant to each other the title to the properties they have respectively ceded, transferred, and conveyed, against all claims of any person whatsoever.

 

IN WITNESS WHEREOF, both parties have hereunto set their hands this             ___________day of________________________ ,19_______ ,in______________________________, Philippines.


________________________________________             ___________________________________
                      (Signature)                                                                                    (Signature)


Signed in the presence of:
________________________________
________________________________

 ACKNOWLEDGMENT