Deed of Sale-Absolute
Deed of Sale-Absolute
Deed of Sale-Absolute
This DEED OF SALE made and executed by and between _____________, a citizen of
___________, of legal age, with postal address at _________________ (hereinafter called the
SELLER) and_______________, of legal age, a citizen of _the Philippines_ and with postal
address at ________________________ (hereinafter called the BUYER).
WITNESSETH THAT:
WHEREAS, the SELLER is the owner of a motor vehicle [hereinafter called the Vehicle]
described as follows:
Make :
Type :
Year :
Motor No. :
Chassis No. :
License Plate No. :
WHEREAS, the SELLER desires to sell and the BUYER is willing to buy the Vehicle;
1. For and in consideration of the amount of ______ paid by the BUYER to the SELLER,
receipt of which is hereby acknowledged by the SELLER, the SELLER cedes, sells and conveys all
his rights, title and interest in the Vehicle to the BUYER free from all claims of the third persons
whomsoever with effect from the delivery of the Vehicle to the BUYER from the SELLER on a date
not later than the __________, subject to the SELLER meeting all conditions and obligations in
Paras. 2 to 4 below.
2. The BUYER will make payment of all import duties and all other taxes which may be
assessed and levied/charged by the Philippine Government on the Vehicle not later than
________.
3. The BUYER and SELLER agree and hereby represent that: (i) the BUYER has not made
and will not make any other payment to the SELLER in addition to the total price as indicated in
Para. 1 above, and (ii) the SELLER has not provided and will not provide any other monetary or
non-monetary benefits to the BUYER in connection with this sale transaction.
4. The BUYER further acknowledges that he has fully inspected the Vehicle and agrees to
purchase the same in an "as is" condition free of any representation or warranties from the
SELLER as to the mechanical or other condition of the Vehicle.
1
IN WITNESS WHEREOF, the parties hereto have hereunto signed their names this
______day of __________ 2017, at __________, Philippines.
________________ ____________
SELLER BUYER
2
REPUBLIC OF THE PHILIPPINES)
____________, METRO MANILA) S.S.
BEFORE ME, the undersigned Notary Public for and in _____, Metro Manila,
Philippines, on this ____ day of ____________, 20____ personally appeared the following
with their respective Residence Certificates/Passports, to wit:
Residence Certificate/
Name Passport No. Date/Place of Issue
2.
both known to me and to me known to be the same persons who executed the foregoing
Deed of Sale and who acknowledged to me that the same is their free will and voluntary act
and deed.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written.
_____________________
NOTARY PUBLIC
My Commission expires on______