Deed of Assignment and Transfer of Rights
DEED OF ASSIGNMENT AND TRASNFER OF RIGHTS
KNOW ALL MEN BY THESE PRESENTS:
This deed is made, executed and entered into by:
_________________, of legal age, single/married to _________________/widow/widower, Filipino, and with residence and postal address at _________________, hereinafter referred to as the ASSIGNOR,
_________________, of legal age, single/married to _________________/widow/widower, Filipino and with residence and postal address at _________________, hereinafter referred to as the ASSIGNEE.
WHEREAS, the ASSIGNOR is the owner of (describe property – could be shares of stock);
WHEREAS, the ASSIGNOR has offered to to assign all his rights, title and interest over the above property, and the ASSIGNEE hereby accepts the assignment in accordance with the terms herein set forth;
NOW, THEREFORE, for and in consideration of the foregoing premises and the sum of _________________ PESOS (P _________________), PHILIPPINE CURRENCY, which the ASSIGNOR hereby acknowledged to have received from the ASSIGNEE, the ASSIGNOR hereby assigns, transfers and conveys unto the ASSIGNEE, all his rights, title and interest to the aforementioned property and the ASSIGNEE by these presents hereby accepts the assignment.
IN WITNESS WHEREOF, the parties have hereunto set their hands, this day of 20_ at , Philippines.
SIGNED IN THE PRESENCE OF: