Sample Deed Of Sale Of Motor Vehicle In The Philippines In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00443BG
Format:
Word; 
Rich Text
Instant download

Description

Artwork in tangible form is personal property. Transfer of title can therefore be made by a Bill of Sale. A Bill of Sale also constitutes a record of the transaction for both the artist and the person buying the artwork. It can provide the seller with a record of what has been sold, to whom, when, and for what price. The following form anticipates that the seller is the artist and therefore reserves copyright and reproduction rights.

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Bill of Sale

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FAQ

The Deed of Sale also needs to be notarized, otherwise, the transaction is considered invalid. When the transaction is considered invalid, even the signed contract of sale is considered nothing better than a tissue paper.

4.1. Register of Deeds: If the Deed of Sale had already been presented to the Register of Deeds for registration, the Register of Deeds should have a copy. You can request a certified true copy (CTC) of the Deed of Sale from the Register of Deeds where the property is located.

If you go to the recorder's office in person, bring proof of identification to get replacement documents. The county recorder staff can search for your deed in many ways: address, name, or legal description of the property.

A Deed of Sale alone is usually insufficient when buying a house on land without a registered title in the Philippines. A Deed of Sale can bind the seller and buyer, but without a Torrens title (or the possibility of securing one), you will not have the guaranteed protection that a duly registered title provides.

Transferring the land title from the owner to the buyer usually takes at least three to four months. Given that you need to go to different agencies like the BIR, Registry of Deeds, Treasurer's Office, and Assessor's Office, just to transfer the land title document under your name.

An unnotarized deed of sale is not automatically void. In fact, under Philippine law, a contract of sale is valid as long as the essential elements of a contract are present: consent, object, and cause or consideration.

A handwritten agreement that fulfills all essential requisites of a contract of sale can be binding between the parties. However, when it comes to real property, the sale must be in a public instrument (i.e., notarized) to be enforceable against third parties.

A handwritten agreement that fulfills all essential requisites of a contract of sale can be binding between the parties. However, when it comes to real property, the sale must be in a public instrument (i.e., notarized) to be enforceable against third parties.

It is generally required that the requesting party or their duly authorized representative personally appear at the court's Office of the Clerk of Court. Bring one or more valid government-issued identification documents (such as a Philippine passport, driver's license, or a national ID).

Like any other legal document like an Affidavit of Loss, the Deed of Sale almost always generally require the following information: Names and identity of the parties. Addresses of both parties. Details of the vehicle. General details in the certificate of registration.

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Sample Deed Of Sale Of Motor Vehicle In The Philippines In Phoenix