Conditional Deed of Sale of Motor Vehicle

March 16, 2017 | Author: Abbyr Nul | Category: N/A
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CONDITIONAL DEED OF SALE OF MOTOR VEHICLE WITH DOWNPAYMENT KNOW ALL MEN BY THESE PRESENTS: 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 the Vendor, said Vendor HEREBY SELLS, TRANSFER AND CONVES unto the Vendee, his heirs, assigns and successors in interest, that certain Motor Vehicle and more particularly described as follows: MAKE/SERIES TYPR OF BODY MODEL MOTOR No. CHASSIS No. PLATE No. COLOR

: ____________________________ : ____________________________ : ____________________________ : ____________________________ : ____________________________ : ____________________________ : ____________________________

of which I am the sole and absolute owner free from all liens and encumbrances; That is agreed that the Vendee shall pay the remaining balance of ___________________ __________________________________ (P _______________ ) or before ________________ ________________________; That failure on the part of the Vendee to settle the balance on due date, the Motor Vehicle shall be ________________________________________ IN WITNESS WHEREOF, the parties hereby affixes their signature this ______ day of ______________, 2010 at Cotabato City, (for Datu Piang, Maguindanao), Philippines. CONFIRMED AND ACCEPTED: ___________________________ Vendee

__________________________ Vendor

SIGNED IN THE PRESENCE OF: 1.__________________________ 2. ___________________________ ACKNOWLEDGEMENT REPUBLIC OF THE PHILIPPINES) IN THE CITY OF COTABATO )S.C (For Datu Piang, Maguindanao ) X -------------------------X BEFORE ME, this _____ day of __________________, 2010 at Cotabato City (For Datu Piang, Maguindanao), personally appeared ___________________________________________ Known to be the same executed the foregoing instrument and acknowledge to me the same is his/her free and voluntary act and deed. WITNESS MY HAND AND NOTARIAL SEAL. Doc No. : _______ Page No. : _______ Book No. VII Series of 2010

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