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Car Deed Of Sale Template for Philippines

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Key Requirements PROMPT example:

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."

Document background
The Car Deed of Sale is a fundamental legal instrument in the Philippines used to document and formalize the transfer of ownership of motor vehicles. This document is essential for compliance with both the Civil Code of the Philippines and Land Transportation Office regulations. It is required whenever a vehicle changes ownership, whether in private sales, dealership transactions, or corporate fleet transfers. The deed must include specific details about the vehicle, parties involved, and transaction terms, while ensuring compliance with local tax regulations and registration requirements. A properly executed Car Deed of Sale provides legal protection for both parties and serves as a crucial document for vehicle registration transfer at the LTO.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























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Relevant Industries

Automotive

Transportation

Insurance

Banking and Finance

Legal Services

Vehicle Dealership

Fleet Management

Private Transportation

Public Transportation

Logistics

Relevant Teams

Legal

Compliance

Fleet Management

Sales

Administrative

Finance

Insurance

Operations

Procurement

Risk Management

Corporate Services

Relevant Roles

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

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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