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Deed Of Sale Of Motorcycle Vehicle Template for Philippines

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Key Requirements PROMPT example:

Deed Of Sale Of Motorcycle Vehicle

"I need a Deed of Sale of Motorcycle Vehicle for the transfer of my Honda CBR600RR motorcycle to a private buyer, with full payment to be made upon signing and immediate transfer of registration on March 15, 2025."

Document background
The Deed of Sale of Motorcycle Vehicle is a crucial legal instrument in the Philippines used to document and formalize the transfer of motorcycle ownership. This document is essential for both private sales and commercial transactions, requiring compliance with the Philippine Civil Code, Land Transportation Office regulations, and local government requirements. It serves as official proof of the transaction and is necessary for vehicle registration transfer, insurance purposes, and legal protection of both parties. The deed typically includes comprehensive details about the motorcycle, parties involved, purchase terms, and warranties, while ensuring adherence to Philippine documentary requirements for vehicle transfers. It's particularly important as it helps prevent future legal disputes and ensures the transaction meets all regulatory requirements for motorcycle ownership transfer in the Philippines.
Suggested Sections

1. Parties: Identifies and provides complete details of the Seller and Buyer, including their full legal names, addresses, and government-issued ID numbers

2. Background: Brief context explaining the Seller's ownership of the motorcycle and intention to sell to the Buyer

3. Definitions: Defines key terms used throughout the deed, including 'Vehicle', 'Purchase Price', 'Registration Documents', etc.

4. Description of the Motorcycle: Detailed specification of the motorcycle including make, model, year, color, engine number, chassis number, plate number, and registration details

5. Sale and Purchase: Core provision stating the transfer of ownership from Seller to Buyer for the agreed purchase price

6. Purchase Price and Payment Terms: States the total purchase price and details of payment, including method and timing

7. Seller's Representations and Warranties: Seller's declarations regarding ownership, condition of the motorcycle, absence of liens or encumbrances

8. Transfer of Registration: Details the process and responsibilities for transferring the motorcycle's registration to the Buyer

9. Delivery and Receipt: Specifies the time, place, and conditions for the physical transfer of the motorcycle

10. Execution: Formal closing section with date and signatures of both parties and witnesses

Optional Sections

1. Condition of Vehicle: Detailed description of the motorcycle's current condition, including any existing damage or defects - used when selling second-hand vehicles

2. Payment Instructions: Included when payment is to be made in installments or through specific banking channels

3. Third-Party Authorization: Required when either party is acting through an authorized representative

4. Maintenance Records: Include when the motorcycle has a documented service history that forms part of the sale

5. Insurance Transfer: Used when existing insurance coverage is being transferred to the new owner

6. Governing Law and Jurisdiction: Added when parties are from different jurisdictions within Philippines or when additional clarity on applicable law is needed

Suggested Schedules

1. Schedule A - Vehicle Documentation: Copies of registration papers, insurance certificates, and maintenance records

2. Schedule B - Inspection Report: Detailed report of the motorcycle's condition at time of sale, including photographs

3. Schedule C - Payment Schedule: If payment is in installments, detailed breakdown of payment dates and amounts

4. Appendix 1 - LTO Requirements: Checklist of documents required by Land Transportation Office for transfer of registration

5. Appendix 2 - Deed of Absolute Sale Template: Standard LTO template for motorcycle transfer, if required to be attached

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






























Clauses



























Relevant Industries

Automotive

Transportation

Retail

Insurance

Financial Services

Motorcycle Dealerships

Vehicle Leasing

Logistics

Delivery Services

Personal Transportation

Relevant Teams

Legal

Sales

Compliance

Administrative

Operations

Finance

Procurement

Documentation

Fleet Management

Risk Management

Relevant Roles

Sales Manager

Automotive Dealer

Legal Counsel

Compliance Officer

Administrative Officer

Fleet Manager

Business Owner

Procurement Officer

Documentation Specialist

Vehicle Registration Officer

Insurance Agent

Dealership Manager

Legal Assistant

Operations Manager

Finance 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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