Certificate of Tax Exemption No. NSH-0672-2020

December 21, 2020 CERTIFICATE OF TAX EXEMPTION NO. NSH-0672-2020 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that the Deed of Absolute Sale (DOAS) executed by the Landowners in favor of the National Housing Authority (NHA) over the parcels of land described below, to wit: Date of Deed of Absolute Sale 1 Names of Landowners/Sellers Transfer Certificate of Title No. (TCT) Area (Sq.m.) Area Transferred (Sq. m.) Location November 13, 2020 Elisa Tolentino Cruz 2 Edwina Olga T. Cruz Rubispierre T. Cruz _____ 5,296 5,296 Brgy. Pulong Yantok, Angat, Bulacan November 13, 2020 Elisa Tolentino Cruz Edwina Olga T. Cruz Rubispierre T. Cruz _____ 24,950 24,950 Brgy. Pulong Yantok, Angat, Bulacan November 13, 2020 Elisa Tolentino Cruz Edwina Olga T. Cruz Rubispierre T. Cruz _____ 25,113 25,113 Brgy. Pulong Yantok, Angat, Bulacan November 13, 2020 Elisa Tolentino Cruz Edwina Olga T. Cruz Rubispierre T. Cruz _____ 2,392 2,392 Brgy. Pulong Yantok, Angat, Bulacan November 13, 2020 Elisa Tolentino Cruz Edwina Olga T. Cruz Rubispierre T. Cruz Nerissa T. Villareal 4 _____ 41,750 41,750 Brgy. Pulong Yantok, Angat, Bulacan November 13, 2020 Myra S. Garces Peter S. Garces Ellen A. Caluag Rafael S. Alejo Daisy S. Alejo Olivia A. Capulong Reynaldo Santos Benjamin Santos Isagani Santos _____ 11,455 11,455 Brgy. Pulong Yantok, Angat, Bulacan TOTAL 110,956 110,956 which shall be used for the Doa Carmela Heights Housing Project , with 1,486 housing units, located in Brgy. Pulong Yantok, Angat, Bulacan, a socialized housing project under the National Housing Authority (NHA) Resettlement Program for Informal Settler Families (ISF's) through the Community Based Initiative Approach (CBIA), to be undertaken by PHINTECSTAR CONSTRUCTION, INC. , are not subject to creditable withholding tax/capital gains tax and documentary stamp tax pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and value-added tax pursuant to Section 109 (1) (P) of the Tax Code of 1997, as amended. It is, however, understood that this CTE is never intended, and shall not be construed, as giving authority to the concerned Register of Deeds to effect transfer of the land titles in the name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the documentary requirements provided under Revenue Memorandum Order (RMO) No. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. Upon application for exemption, a lien on the titles of the lands, shall be annotated by the Register of Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. Issued this 21st day of December, 2020. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. This Certificate of Tax Exemption does not include exemption from estate tax, on the transfer of lots from the registered owners to their heirs. 2. Elisa T. Cruz is the heir of Ryan Francis T. Cruz (deceased co-owner). 3. * Special Power of Attorney dated June 23, 2020, was granted to Olivia A. Capulong to execute the Deed of Absolute Sale on behalf of the landowners for the sale of the properties identified and described in TCT Nos. ___________ and ___________. 4. Nerissa T. Villareal is the heir of Belen Tolentino and Segundo Villareal, both deceased and registered co-owners of TCT No. ___________. 5. * Special Power of Attorney dated October 29, 2020, was granted to Olivia A. Capulong to execute the Deed of Absolute Sale on behalf of the landowners. 6. * Special Power of Attorney dated June 23, 2020, was granted to Olivia A. Capulong to execute the Deed of Absolute Sale on behalf of the landowners.