Deed of Absolute Sale of a Motor Vehicle - Form

DEED OF ABSOLUTE SALE
OF A MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE (the "Agreement") is made and executed at the City/Municipality of _______________________________ Province of _______________________________, this day of _________________, by and between:

________, Filipino, of legal age, single, and with address at ________, hereinafter referred to as the SELLER

-and-

________, Filipino, of legal age, single, and with address at ________, hereinafter referred to as the BUYER

WITNESSETH:

WHEREAS, the SELLER is the registered owner of a motor vehicle (the "Motor Vehicle") as shown by Certificate of Registration No. ________, a copy of which is attached herewith and specifically described as follows:

Make: ________
Series: ________
Type of Body: Utility Vehicle
Year Model: ________
Motor No.: ________
Serial or Chassis No.: ________
Plate No.: ________

WHEREAS, the SELLER desires to sell the Motor Vehicle to the BUYER and the BUYER desires to buy the same from the SELLER.

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1. Purchase Price. The purchase price for the Motor Vehicle shall be ________ (₱________), the receipt of which is duly acknowledged by the SELLER.

2. Delivery. The SELLER shall deliver the Motor Vehicle, its registration papers evidencing ownership, and other documents, to the BUYER at the signing of this AGREEMENT at:

________

3. Warranties. The SELLER hereby warrants and represents that:

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b. The SELLER is the full and absolute owner of the Motor Vehicle with the requisite right, power, and authority to sell and convey the same to the BUYER;

c. The SELLER will defend that title and rights of the BUYER from any claims of whatsoever kind and nature;

d. The SELLER shall execute and deliver to the BUYER any and all documents, and shall do such other acts as may be necessary or proper to effect the transfer of the registration and ownership of the Motor Vehicle to the BUYER.

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

________
Seller

________
Buyer

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
_______________________________, _______________________________ ) S.S.

BEFORE ME, a Notary Public, for and in the above jurisdiction, this ________ day of ______________________, 20______ personally appeared:

1. ________, with the following competent proof of identification: _______________________________________________________________;

2. ________, with the following competent proof of identification: _______________________________________________________________.

All known to me and to me known to be the same persons who executed the foregoing DEED OF ABSOLUTE SALE and they acknowledged to me that the same is their free and voluntary act and deed.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the date and at the place written above.

Doc. No. _________;
Page No. ________;
Book No. ________;
Series of ________.