Sample Deed of Sale of Motor Vehicle



DEED OF ABSOLUTE SALE


KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and entered into in Quezon City this _____ day of _________ by and between:

____________________, of legal age, Filipino, with residence address at ______________________________ hereinafter referred to as SELLER;

- and -

____________________, of legal age, Filipino, with residence address at ________________________________ hereinafter referred to as BUYER;

WITNESSETH:

WHEREAS, the SELLER is the absolute and registered owner of the following motor vehicle, more particularly described as follows:

                    MODEL/MAKE : ___________________
                    COLOR : ________________________
                    BODY : _________________________
                    MOTOR NO. : ____________________
                    SERIAL/CHASSIS NO. : ____________
                    PLATE NO. : _____________________

       WHEREAS, the SELLER desires to sell the aforesaid motor vehicle and the BUYER is able, willing and ready to purchase the same under the terms and conditions herein below set forth;

     NOW THEREFORE, for and in consideration of the sum total of FIFTY THOUSAND PESOS (PHP50,000.00), Philippine currency, VAT Inclusive and receipt hereof is hereby acknowledged by the said SELLER, the SELLER hereby SELL,CEDE, TRANSFER and CONVEY unto the BUYER, in a manner absolute and irrevocable the above-described 1 Unit of 1997 MITSUBISHI L-300 Motor Vehicle, free from any and all liens and encumbrances whatsoever and on an “AS IS WHERE IS BASIS”.

      The SELLER warrants that the Motor Vehicle is free from any liens and encumbrances and that said SELLER shall defend the title and rights of the BUYER from any claims of whatever kind or nature from third persons.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date and at the place first above-written.


     ______________________                ______________________
                   Seller                                          Buyer


SIGNED IN THE PRESENCE OF:

      ______________________              ______________________


ACKNOWLEDGMENT

Republic of the Philippines)
Quezon City, Metro Manila ) S.S.

BEFORE ME, a Notary Public, for and in Quezon City, this _______ day of _________________________ personally appeared:

         Name                          Identification Card       Issued On/At

____________________     ________________      _____________   
____________________     ________________      _____________   

all known to me to be the same persons who executed the foregoing instrument and hereby acknowledged to me that the same is their free and voluntary act and deed.

        This instrument consisting of two (2) pages, including this page on which this acknowledgment is written refers to a DEED OF SALE of 1 Unit of 1997 MITSUBISHI L-300 and has been signed by the parties and their witnesses and sealed with my notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. ____
Page No. ____
Book No. ____
Series of 2013.



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