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This instrument is made and entered into this 1st day of January 20XX in Quezon City,
by and among:
JUAN DELA CRUZ, of legal age, Filipino, and residing at No. 1, San
Pedro, Quezon City (“SELLER”);
- and –
WITNESSETH:
WHEREAS, the SELLER is the absolute and registered owner of the motor
vehicle, more particularly described as follows:
WHEREAS, the SELLER desires to sell the aforesaid motor vehicle and
the BUYER is willing and able to purchase the same under the terms and conditions set
forth hereunder;
1. The contract price is exclusively for the payment of the motor vehicle only.
All taxes and expenses related to transfer shall be for the account of the
BUYER.
2. The motor vehicle shall only be released to the BUYER upon receipt of full
payment of the contract price by the SELLER.
3. The sale of the motor vehicle is exclusively on an “as is where is” basis.
4. The SELLER warrants that the motor vehicle is free from any liens and
encumbrances and shall defend the title and rights of the BUYER from any
claims of whatever kind or nature from third persons.
IN WITNESS WHEREOF, we have hereunto executed this instrument on the date and
in the place first above written.
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public, for and in Quezon City, this 1st day of January
20XX, personally appeared:
known to me and to me known to be the same persons who executed the foregoing Deed
of Sale of Motor Vehicle consisting of two (2) pages, including this page wherein the
acknowledgment is written, signed by the parties, and they acknowledged to me that the
same is their free and voluntary act and deed.
WITNESS MY HAND AND SEAL on the date and at the place first above written.