DEED OF ABSOLUTE SALE OF MOTORCYCLE
KNOW ALL MEN BY THESE PRESENTS:
This Deed of Absolute Sale is made and executed on [date] in [city or municipality], Philippines, by and between [Seller full name], of legal age, [civil status], Filipino, with address at [address] (the "VENDOR"), and [Buyer full name], of legal age, [civil status], Filipino, with address at [address] (the "VENDEE").
1. Ownership
The VENDOR is the registered owner of the motorcycle described below, as shown in Certificate of Registration No. [CR number] and Official Receipt No. [OR number]:
Make: [make] · Model: [model] · Year model: [year] · Color: [color] · Engine number: [number] · Chassis number: [number] · Plate number: [number] · MV file number: [number]
2. Sale and price
For and in consideration of the sum of [amount in words] PESOS (₱[amount in figures]), receipt of which in full is acknowledged by the VENDOR, the VENDOR sells, transfers and conveys absolutely to the VENDEE the vehicle described above.
3. Warranties of the VENDOR
The VENDOR warrants that the vehicle is free from liens and encumbrances, that it has not been used in any unlawful act, and that the VENDOR will defend the VENDEE’s title against all lawful claims.
4. Condition and delivery
The vehicle is sold in its present condition, as inspected by the VENDEE. It was delivered to the VENDEE on [date and time], together with the original CR and OR, keys and [other items].
5. Liability after delivery
From the date and time of delivery, the VENDEE assumes all liability for the use of the vehicle and will register the transfer of ownership with the LTO within the period required by its rules.
6. Electronic signature
The parties agree that this Deed may be signed electronically under Republic Act 8792. For filing with the LTO, the parties will sign a printed copy before a notary public.
IN WITNESS WHEREOF, the parties sign this Deed on the date and at the place first written above.
VENDOR Signature: ______________________ Name: [full name] Valid ID: [type and number] Date: [date] | VENDEE Signature: ______________________ Name: [full name] Valid ID: [type and number] Date: [date] |
SIGNED IN THE PRESENCE OF Witness: [full name] Witness: [full name] |
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES ) [City or municipality] ) S.S.
BEFORE ME, a Notary Public for and in [city], this [date], personally appeared the VENDOR and the VENDEE, identified by competent evidence of identity, who acknowledged that the foregoing Deed of Absolute Sale is their free and voluntary act and deed.
Doc. No. ___; Page No. ___; Book No. ___; Series of [year].