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Sample Deed of Sale of Motor Vehicle With Assumption of Mortgage
Sample Deed of Sale of Motor Vehicle With Assumption of Mortgage
1
1. The total consideration shall be FIVE HUNDRED FIVE THOUSAND AND
NINE HUNDRED EIGHT PESOS (P505,908.00) Philippine Currency,
payable as follows:
4. Upon full payment of the total price, the SELLER/VENDOR shall sign and
execute a DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE.
The SELLER/VENDOR shall likewise execute and/or deliver any and all
documents, including but not limited to the original copy of Certificate of
Registration, and all other documents necessary for the transfer of ownership
to the BUYER/VENDEE. Expenses paid for the transfer of ownership of the
subject motor vehicle shall be borne by the3 BUYER/VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this
th
8 day of October, 2017 at Cebu City, Philippines.
__________________________ ____________________________
2
ACKNOWLEDGMENT
BEFORE ME, a Notary Public, this 8th day of October ,2017 personally
appeared the following:
Name ID Number Date/Place Issued
ATTY. JURIL PATIÑO G06-08-010199 Oct. 30, 2014 / Cebu City
ANNA MARIE PARAAS G06-94-034438 July 21, 2015/Cebu City
This instrument, consisting of three (3) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place
above written.
Notary Public
Doc. No. ........;
Page No. .......;
Book No. .......;
Series of 2017.