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Deed of Sale of Motor Vehicle
Deed of Sale of Motor Vehicle
This DEED OF SALE, entered unto at the place and on the date hereinbelow
written, by and between:
- and -
WITNESSETH:
That the VENDOR is the lawful and registered owner of the following vehicles,
more particularly described as follows:
That for and in consideration of the sum of PESOS: ONE MILLION FOUR
HUNDRED THOUSAND & 00/100 (Php1,400,000.00) only, receipt of which in full from
the VENDEE is hereby acknowledged by the VENDOR, by virtue of these presents, the
VENDOR does hereby sell, convey and transfer the aforementioned motor vehicles unto
the said VENDEE, his heirs, assigns and successors-in-interest, on an “as is, where is”
basis, free from all liens and/or encumbrances whatsoever;
That it is hereby mutually agreed that the VENDEE shall bear all the expenses in
the registration of this Deed of Sale and the transfer of ownership with the Land
Transportation Office (LTO);
That it is likewise agreed hereto by the parties that the VENDEE shall hold the
VENDOR free and harmless from any consequence arising from any accident involving
the subject vehicles and that VENDEE shall assume full responsibility for such
consequence.
IN WITNESS WHEREOF, we hereunder affixed our signatures this ____ day of
March 2016 at Iba, Zambales, Philippines.
___________________________ ___________________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in _____________________, this ____ day of
March 2016, personally appeared Mr. Rolando R. Huang and Mr. Jesse P. Bal, both known to
me to be the same persons who executed the foregoing Deed of Sale, consisting of two (2)
pages including this page where the Acknowledgment is written and they both acknowledged to
me that the same is their free and voluntary act and deed. The said persons exhibited to me the
following:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on
the date and place above-written.
NOTARY PUBLIC
Doc. No. ____;
Page No.____;
Book No.____;
Series of 2016.