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Car Deed Of Sale
"I need a Car Deed of Sale for my 2020 Toyota Camry that I'm selling to a private buyer in Manila, with the transfer scheduled for March 15, 2025; the sale includes a payment plan with a 50% down payment."
1. Parties: Identification of the Seller and Buyer with complete names, addresses, and government ID details
2. Background: Brief context of the sale transaction and confirmation of the Seller's ownership right
3. Definitions: Key terms used throughout the document defined for clarity
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, plate number, and registration details
5. Purchase Price: The agreed selling price and payment terms
6. Transfer of Ownership: Clear statement of transfer of title and ownership from Seller to Buyer
7. Seller's Representations and Warranties: Seller's declarations regarding vehicle condition, ownership, and absence of liens
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Execution Requirements: Requirements for valid execution including notarization and witness details
10. Governing Law: Specification that Philippine law governs the deed
11. Signatures: Space for signatures of all parties, witnesses, and notary public
1. Installment Payment Terms: Detailed payment schedule and conditions when purchase price is paid in installments
2. Encumbrances: Declaration of any existing liens or encumbrances on the vehicle
3. Insurance Provisions: Terms regarding transfer or procurement of vehicle insurance
4. Third-Party Consent: Required when there are existing liens or co-owners of the vehicle
5. Delivery Terms: Specific arrangements for vehicle handover if not immediate
6. Dispute Resolution: Specific procedures for handling disputes if parties want to specify mediation or arbitration
1. Vehicle Inspection Report: Detailed report of vehicle condition at time of sale
2. Payment Schedule: Detailed breakdown of installment payments if applicable
3. Vehicle Documents: List of all documents being transferred with the vehicle
4. Photographs: Date-stamped photographs of the vehicle showing its condition
5. Maintenance Records: History of vehicle maintenance and repairs
Authors
Automotive
Transportation
Insurance
Banking and Finance
Legal Services
Vehicle Dealership
Fleet Management
Private Transportation
Public Transportation
Logistics
Legal
Compliance
Fleet Management
Sales
Administrative
Finance
Insurance
Operations
Procurement
Risk Management
Corporate Services
Legal Counsel
Compliance Officer
Fleet Manager
Car Dealership Manager
Sales Manager
Administrative Officer
Finance Manager
Insurance Agent
Vehicle Registration Officer
Procurement Manager
Operations Manager
Transportation Manager
Business Owner
Corporate Secretary
Risk Manager
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