This document is a conditional deed of sale for a motor vehicle that involves a down payment. It establishes an agreement between a vendor and vendee, where the vendor receives a down payment from the vendee in partial satisfaction of the total purchase price in exchange for conditionally selling the motor vehicle to the vendee. The key details provided are the names and identifying information of the vendor and vendee, the total purchase price, and the amount received as a down payment from the vendee to the vendor.
This document is a conditional deed of sale for a motor vehicle that involves a down payment. It establishes an agreement between a vendor and vendee, where the vendor receives a down payment from the vendee in partial satisfaction of the total purchase price in exchange for conditionally selling the motor vehicle to the vendee. The key details provided are the names and identifying information of the vendor and vendee, the total purchase price, and the amount received as a down payment from the vendee to the vendor.
This document is a conditional deed of sale for a motor vehicle that involves a down payment. It establishes an agreement between a vendor and vendee, where the vendor receives a down payment from the vendee in partial satisfaction of the total purchase price in exchange for conditionally selling the motor vehicle to the vendee. The key details provided are the names and identifying information of the vendor and vendee, the total purchase price, and the amount received as a down payment from the vendee to the vendor.
This AGREEMENT OF CONDITIONAL SALE made and executed by and between
___________________ of legal age, married/single, Filipino and a resident of ________________________________hereinafter called the vendor in favor of ______________________ of legal age . Filipino, married/single and a resident of __________________________________hereinafter called the Vendee;
WITNESSETH:
That FOR AND INCONSIDERATION OF THE SUM OF_________________________
______________________ (P ____________ ) Philippine currency, receipt of which in The amount of ______________________________________(P _________________ ) As down payment is hereby acknowledge from the Vendee, by and to the partial Satisfaction of