vehicle deed of sale sample philippines

Free Legal Contract Note: These form is free to copy and revise for single use and not forIt is advised to consult with a lawyer before entering into any agreement or executing any legal document. KNOW ALL MEN BY THESE PRESENTS: That I, (Name of Seller), Filipino, of legal age, a resident of (Address of Seller), is the lawful owner of a certain motor vehicle which is more particularly described as follows: TYPE OF BODY : That for and in consideration of the sum of Amount in Words (P000.000.00) PESOS, Philippine Currency, receipt whereof is hereby acknowledged to my entire satisfaction, I hereby sell, transfer and convey by way of Absolute Sale unto (Name of Buyer), Filipino, of legal age, and resident of (Address of Buyer), the above described motor vehicle, free from all liens and encumbrances. IN WITNESS WHEREOF, we have hereunto affixed our hands this____ day of _______________ at ________________. in the presence of: Republic of the Philippines )

CTC Number Date/Place Issued __ / Angeles City (Name of Buyer) 10000000 Jan 04, Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed. WITNESS MY HAND AND SEAL, on the date and place first above written. homepage of Legal forms & Contracts Affidavit of Loss | Authority to sell | Acknowledgement of Debt | Contract to Sell | Deed of Sale | Deed of Donation | Power of Attorney | Published on May 18, 2015 For Car Owners Only!!! Be the first to like this Deed of Sale of Motor Vehicle That I, (Name of Seller), Filipino, of legal age, a resident of (Address of Seller), is the lawful owner of a certain motor vehicle which is more particularly described as follows: That for and in consideration of the sum of Amount (in Words) (P000.000.00) PESOS, receipt whereof

is hereby acknowledged to my entire satisfaction; I hereby sell, transfer and convey by way of Absolute Sale unto (Name of Buyer), Filipino, of legal age, and resident of (Address of Buyer), the above described motor vehicle, free from all liens and IN WITNESS WHEREOF, we have hereunto affixed our hands this____ day of _______________ at Signed in the presence of: BEFORE ME, personally appeared: Name CTC Number Date/Place Issued Known to me and to me known to be the same persons who executed the foregoing instrument and
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DEED OF SALE WITH RIGHT TO REPURCHASE This DEED OF SALE executed and entered by and between; ELIEZAR O. BRAVO of legal age, Filipino single, resident of Davao City, Philippines Herein after called as VENDOR; EVANGELINE G. CLATA of legal age, Filpino Citizen and resident of Davao City, Philippines,herein after called as the VENDEE; “A parcel of land identified as Lot 1487-L-B-3, Psd-112402-038612, being a portion of Lot 1487- L-1-B, Psd-11-007651, situated in Purok 4C IPA Hills Ilang, City of Davao, Island of Mindanao,
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That for and in consideration of the sum SEVENTY THOUSAND (PHP70,000.00), Philippines currency, receipt which is herby acknowledge in full by the VENDOR from the herein VENDEE, to its entire satisfaction, by these presents, therefore. The VENDOR hereby sells, cedes and transfer, by way of absolute deed of sale unto the VENDEE, his heirs successors, and assign, the above mentioned parcel of land, free from all liens and encumbrances of whatever nature
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IN WITNESS WHEREOF, we have hereunto set our hands this 2nd day of March, 2014 at Republic of the Philippines} In the City of Davao ………} BEFORE ME, a Notary Public for and in the city of Davao personally appeared E. BRAVO with UMID ID No. CRN-006-0168-7062-4, known to me and to me known to be the same person who executed the foregoing instrument and acknowledged to me the same of their own free act and voluntary deed. WITNESS MY HAND AND SEAL, this __________________at Davao City, Philippines.Deeds are generally used to prove a transfer of real estate. Jupiterimages/Comstock/Getty Images More Articles Certificate of Title Vs. Deed What Is a Quitclaim Assignment? Assignment of Deed of Trust Vs. Deed or Grant Deed Land Sale Contract Vs. Trust Deed What Is the Assignment of Insurance Benefits? What is an Assignment of Trust Deed? The deed of absolute sale, which is used in most real estate purchases, transfers property without any conditions beyond satisfaction of the purchase price.

A deed of assignment, by contrast, can be used any time one party wants to transfer contractual rights to another. Deeds of assignment are common between mortgage lenders. Absolute Sale Deeds The deed of absolute sale is used in many real estate sales. A deed is a document that states that one party is transferring his real estate property rights to another. The deed proves the transfer, but, if properly recorded with the county recorder, it serves to give other prospective purchasers notice that all of the seller's rights in the property have now passed on to another party. An "absolute sale" deed is defined by having no conditions attached to the sale except the buyer's payment of the purchase price. When the seller signs and delivers the absolute sale deed, this is generally recognized by law as the moment of sale. Deed Requirements To be valid, an absolute sale deed must clearly describe the property being transferred, either by address or other distinguishing information. The deed must also clearly identify the seller and purchaser, the date on which the transfer becomes legally effective, and pertinent information such as the purchase price.

In modern real estate transactions, the parties often get around trying to cram all of this information into the deed by having an ancillary real estate sales contract. However, the deed must reference the information contained in the contract. Assignment Assignment is slightly different from an outright transfer. An assignment occurs when two parties are in a contractual relationship and one party wants to give all of his contractual rights to a third party and entirely remove himself from the contract. The new party, known as the "assignee," effectively replaces the old contracting party, taking on not only his rights under the contract, but his obligations as well. Typically, unless the original contract states otherwise, both of the parties to the original contract must approve an assignment before it can take place. Deed of Assignment The deed of assignment is the document used to transfer the contracting party's rights. The parties may also choose to accomplish assignment via an assignment contract.