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Deed Of Sale Car As Is Where Is Basis
"I need a Deed of Sale Car As Is Where Is Basis for selling my personal Toyota Fortuner to a private buyer in Manila, with clear disclaimers about the vehicle's existing transmission issues and a planned transfer date of March 15, 2025."
1. Parties: Identifies and provides complete details of the Seller and Buyer, including their full legal names, addresses, and government ID details
2. Background: Brief context about the sale and the current ownership status of the vehicle
3. Definitions: Defines key terms used in the deed, including 'as is, where is basis' and other relevant terms
4. Subject Matter: Detailed description of the vehicle including make, model, year, color, engine number, chassis number, plate number, and registration details
5. Purchase Price: States the agreed purchase price and payment terms
6. 'As Is, Where Is' Declaration: Explicit statement that the vehicle is being sold on an 'as is, where is' basis, with clear explanation of what this means
7. Buyer's Acknowledgment: Buyer's confirmation of having inspected the vehicle and accepting its current condition
8. Warranties and Representations: Seller's basic warranties about ownership and authority to sell, explicitly excluding warranties about vehicle condition
9. Transfer of Ownership: Terms regarding the transfer of vehicle title and registration
10. Taxes and Fees: Specifies responsibility for transfer taxes, registration fees, and other related expenses
11. Execution: Signing requirements and execution details
1. Payment Terms: Detailed section about installment payments - only needed if not paying in full upon signing
2. Delivery Terms: Details about vehicle delivery arrangements - needed if not immediately collected
3. Known Defects Disclosure: List of known issues with the vehicle - recommended for transparency even in 'as is' sales
4. Third-Party Claims: Additional provisions regarding existing liens or encumbrances - needed if any exist
5. Power of Attorney: Authorization for registration transfer - needed if seller won't be personally handling the transfer
6. Governing Law and Jurisdiction: Specific jurisdiction details - needed if parties are from different Philippine jurisdictions
1. Vehicle Details Schedule: Comprehensive technical specifications and details of the vehicle
2. Photographic Evidence: Photos of the vehicle showing its current condition and any damage or defects
3. Maintenance Records: Available service history and maintenance records of the vehicle
4. Registration Documents: Copies of current registration papers and other relevant vehicle documents
5. Payment Receipt: Official receipt of payment and any related financial documents
Authors
Automotive
Transportation
Fleet Management
Vehicle Leasing
Car Dealerships
Used Car Market
Insurance
Legal Services
Financial Services
Legal
Compliance
Sales
Fleet Management
Operations
Risk Management
Administrative
Procurement
Asset Management
Documentation
Finance
Fleet Manager
Car Sales Manager
Legal Counsel
Compliance Officer
Vehicle Registration Officer
Automotive Sales Representative
Used Car Manager
Corporate Fleet Administrator
Risk Management Officer
Procurement Manager
Asset Disposal Manager
Vehicle Documentation Specialist
Administrative Officer
Business Owner
Operations Manager
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