Deed of Sale of Motor Vehicle


This
is only a sample Deed of Absolute Sale format involving sale of personal
property.  It could be subject to
modifications to suit the purpose/s of its execution and requirements of the
parties.  It is advisable that before an
execution of any legal document, one must seek legal advice or assistance from
a Lawyer.
Legal Notes:
Sale – By the contract of sale one of the
contracting parties obligates himself to transfer the ownership and to deliver
a determinate thing, and the other to pay therefor a price certain in money or
its equivalent.
A
contract of sale may be absolute or conditional. (Article 1458, Civil Code of the Philippines)
DEED OF
ABSOLUTE SALE OF MOTOR VEHICLE
KNOW ALL MEN BY THESE
PRESENTS:
       This Deed of Absolute
Sale, made and entered this ____ day of ________, 2015, in Makati City, Metro
Manila, by and between:
__________________________________________________, of legal age, Filipino, single/married/widow/widower to
________________, and with residence and postal address at _____________________________, hereinafter referred to as
the “SELLER”;
and
___________________________________________________, of legal age, Filipino, married, with residence and postal
address at __________________________________,
hereinafter referred to as the “BUYER”.
WITNESSETH: THAT
WHEREAS,
the SELLER is the lawful and
registered owner of a motor vehicle particularly described as follows:
MAKE
MOTOR NO.
SERIAL/CHASSIS NO.
TYPE OF BODY
YEAR MODEL
PLATE NO.
ORCR No.
WHEREAS,
the BUYER is willing to buy the said motor vehicle on “AS-IS-WHERE-IS” condition.
NOW
THEREFORE,
For and in consideration  of the sum of 
______________________________only
(Php____________________)
,  the
receipt whereof is hereby acknowledged , do hereby  SELL, TRANSFER, CONVEY and DELIVER,  by way of 
ABSOLUTE SALE,  unto  said ______________,
their heirs, assigns and successors- in-interest the above described motor
vehicle;
FURTHER,
the SELLER hereby warrants his/her
valid title to and peaceful possession of the property herein sold and conveyed
and further declares that the same is free and clear of all liens and
encumbrances of any kind whatsoever.
IN WITNESS WHEREOF, the parties have
hereunto signed this DEED OF ABSOLUTE
SALE
on the date and place first above mentioned.
_____________________________
Seller
TIN No:______________________
______________________________
Buyer
TIN No:____________________
Signed in the presence of:
________________________            __________________________
ACKNOWLEDGEMENT
Republic of the
Philippines)
___________, Metro Manila ) S.S.
BEFORE ME, a Notary Public for and in ____________________,
Metro Manila, personally appeared the following and presented their respective
Government Identification Cards:
Name
Government Issued ID
Date and Place of
Issue
known to me to be the same persons who
executed the foregoing document of DEED
OF ABSOLUTE SALE  of MOTOR VEHICLE
 and they acknowledged to me that they executed
the same as their free and voluntary act and deed.
I HEREBY CERTIFY that the foregoing
document consists of ____________ pages including this page, and that the
parties and their witnesses signed their names on each page of this instrument.
 IN WITNESS WHEREOF, I have hereunto set may hand and affixed my notarial seal this
____ day of ____________ 20___.
                                                                        NOTARY PUBLIC

Doc. No. ____;
Page No. ____;
Book No. ____;
Series of 20___.
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