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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."
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
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
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
Automotive
Transportation
Retail
Insurance
Financial Services
Motorcycle Dealerships
Vehicle Leasing
Logistics
Delivery Services
Personal Transportation
Legal
Sales
Compliance
Administrative
Operations
Finance
Procurement
Documentation
Fleet Management
Risk Management
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
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