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Deed of Sale Motor Vehicle
Deed of Sale Motor Vehicle
and
The Seller hereby sells, cedes, transfers and conveys to the Buyer the
subject motor vehicle for a consideration of Pesos: (Insert amount in words),
(Php__________), receipt by the latter of which is hereby acknowledged by
the parties.
2.
The Seller warrants full title and ownership over the subject vehicle and that
the same is free from liens and encumbrances in favor of any third party or
entity.
3.
In the event that the said title and ownership shall be defective, the Seller
shall be responsible for any and all damages that the buyer shall incur.
4.
The Buyer shall be responsible for all taxes and fees due on the herein
transaction required to be paid by any government agency or entity.
5.
This Agreement constitutes the entire understanding between the parties and
may only be modified, altered or amended only with the prior written consent
of the party of or parties against whom, such modification, alteration, or
amendment shall take effect.
IN WITNESS WHEREOF, the parties have executed this Agreement on the date and
place above specified.
SELLER
BUYER
SIGNED IN THE PRESENCE OF:
________________
___________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
)S.S.
BEFORE ME, this (insert date) in (insert place), personally appeared:
Name
CTC No.
Issued at
Issued on
known to me to be the same persons who executed the foregoing instrument consisting
two (2) pages including this Acknowledgment, and who acknowledged to me that the
same is their voluntary and free act and deed.
IN WITNESS WHEREOF, I set my hand and affix my notarial sea on the date and
place above written.
Notary Public
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of ______.