vehicle deed of sale form philippines

Download article as a PDF Also available in PDF | A written sales contract will help you and the other party better understand the details of the agreement, while minimizing the chances of a dispute later on. Although all contracts may -- in fact should -- vary in order to accurately reflect the intent of the parties in particular circumstances, the following sales contract is a sample of what such contracts may look like. It is intended to be a starting point and a guide to help you and your attorney create a contract that includes all of the terms relevant to your business interactions. CONTRACT FOR THE SALE OF GOODS_______________________, hereinafter referred to as Seller, and _____________________, hereinafter referred to as Buyer, hereby agree on this ____ day of _______________, in the year ____________, to the following terms. A. Identities of the PartiesSeller, whose business address is _____________________, in the city of _______________, state of _________________________, is in the business of ___________________________.
Buyer, whose business address is ____________________, in the city of _________________, state of _________________________, is in the business of ____________________________. B. Description of the GoodsSeller agrees to transfer and deliver to Buyer, on or before ________________________ [date], the below-described goods: C. Buyer's Rights and ObligationsBuyer agrees to accept the goods and pay for them according to the terms further set out below.Buyer agrees to pay for the goods: In full upon receipt In installments, as billed by Seller, and subject to the separate installment sale contract of __________________ [date] between Seller and Buyer. Half upon receipt, with the remainder due within 30 days of delivery.Goods are deemed received by Buyer upon delivery to Buyer's address as set forth above.Buyer has the right to examine the goods upon receipt and has ____ days in which to notify seller of any claim for damages based on the condition, grade, quality or quality of the goods.
Such notice must specify in detail the particulars of the claim. Failure to provide such notice within the requisite time period constitutes irrevocable acceptance of the goods.Until received by Buyer, all risk of loss to the above-described goods is borne by Seller.Seller warrants that the goods are free from any and all security interests, liens, and encumbrances.Agreed to this _____ day of _____, in the year ____________. By: ___________________________ Official Title: ____________________________motorcycle oil change santa clara On behalf of ______________________________________, Sellergta 5 motorcycle locations offline I certify that I am authorized to act and sign on behalf of Seller and that Seller is bound by my actions. motorcycle helmet accessories mohawk
On behalf of _____________________________________, Buyer I certify that I am authorized to act and sign on behalf of Buyer and that Buyer is bound by my actions. Consult with a Lawyer Before Signing a Sales Contract Sales contracts are quite common in businesses and don't always need the oversight of an attorney. But if you're just starting out and need some advice on how to write valid sales contracts in general, or have specific questions about a particular contract, it may be in your best interests to obtain professional legal advice. motorbike for sale victoria bcFind a business and commercial law attorney licensed to practice in your state.cool motorcycle helmets with mohawks See FindLaw's Contract Law and Drafting Contracts sections for more articles and resources.vega motorcycle jackets reviews
Contact a qualified business attorney to help younegotiate and craft airtight contracts. (e.g., Chicago, IL or 60611) Bill of Sale FormsDeeds are legal documents that transfer ownership of real property from one party to another. The real property in question could be a vacant parcel of land, a mobile home, an apartment, or even a large factory. There are several different types of deeds used for real estate transfers, each of which conveys a different type of interest in the property from the grantor/seller (the person giving the property) to the grantee/buyer (the person receiving the property).motorcycle dealerships oceanside ca Quitclaim deeds (sometimes misspelled as "quick claim deeds") are one such type of deed. They're rarely used in an ordinary, arms' length real estate sale, however. That's because they could present a significant risk for the buyer. Whether you are a buyer or a seller, you should be aware of the uses of and risks associated with this type of legal document.
Normally, something called a "grant deed" or "warranty deed" is used to convey title to a particular property or parcel of land. In exchange for a fixed amount of money, the seller agrees to give good title to the buyer. “Good title” in this context means that the seller actually owns the parcel; the buyer won’t move any furniture into the house, only to have a third party suddenly emerge and claim to be the true owner. A buyer who was given a grant deed or warranty deed in the above scenario would likely sue the seller for fraudulent misrepresentation, among other claims. After all, the seller promised good title to the property. A quitclaim deed is quite different. A seller who gives a quitclaim deed is promising merely to convey whatever interest he or she might have in the property. That interest could be full title, or it could be absolutely nothing. A quitclaim deed passes only such right, title, and interest as the grantor has at the time of making the deed. Put differently, the grantor makes no warranties, guarantees, or promises about the property.
This is the complete opposite of a warranty deed, in which the grantor transfers property with a guarantee of clear title. Given all of this, why would anyone want to use or accept a quitclaim deed? The simplest situation in which a quitclaim deed is useful is for transfers where the property is being given to someone else, rather than being sold. For example, parents may quitclaim a property to their children when they move to an assisted living center, or for various financial reasons. A married co-owner may quitclaim his or her share of the property to the other co-owner during their divorce. Or, a sole owner can create co-ownership with someone else by using a quitclaim deed, perhaps after marriage in order to establish co-ownership of the home. An owner might also quitclaim title to the property into a revocable living trust, for estate-planning reasons. Quitclaim deeds may also be used to deal with the possibility of existing or possible questions about a property’s title.
A quitclaim deed is also known as a “deed of release” for this reason. If there’s a chance that someone could have a claim to the property, such as a divorced or divorcing spouse, or there’s a problem with the chain of title to the property (e.g., a paid-off loan that wasn’t properly released) a quitclaim deed from the appropriate party can be used to resolve the possible “cloud” or defect in the title. Such “clouds” can affect value and the ability to sell property. Consider this example: Bob and Susan are getting a divorce. Susan will be keeping the house, and that issue is resolved between them, although no final decree of divorce has been entered. Susan wants to sell the house to Rita and move to a smaller apartment. Rita is worried, however, about potential third-party claims by Bob after she buys the house from Susan, given that he and Susan are technically still married, and Bob's name is on the house title. Rita’s concerns would be resolved, however, if Bob simply provides her with a quitclaim deed.
This quitclaim deed would grant to Rita any interest that Bob may or may not ever have in the property. This would allow the sale between Susan and Rita to proceed. Consider another example: In a tax sale, a local government or “taxing body” sells a property in order to collect unpaid taxes. Through a quitclaim deed, the government conveys to the tax-sale buyer the interest it gained in the property under state tax foreclosure laws, and no more. Such a deed notifies the buyer that title might be clouded. Each state's laws contain specific requirements for completing a quitclaim deed. Most every state requires the following information on the document: In some states, the grantee must also sign the quitclaim deed. A few states, such as Florida and Georgia, also require the signatures of witnesses before the deed can be recorded. After completing a quitclaim deed, it must be filed in the land records office in the county where the property is located (sometimes called the recorder or county clerk).