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.
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.
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.
Name Identification Card Issued On/At
____________________ ________________ _____________
____________________ ________________ _____________
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.
Page No. ____
Book No. ____
Series of 2013.