Short Bill Of Sale With Notary
Description
How to fill out Bill Of Sale - Short Form?
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FAQ
The deed of sale is drafted by the seller and it includes the details of the transaction. The document should then be notarized by a lawyer, otherwise, it will have no power when presented to authorities or court.
A fake bill of sale is illegal and must not be used for official purposes. When writing a bill of sale, endeavor to provide correct info to avoid problems in the future.
Bill of Sale Templates are created in Microsoft Word. They are provided with all the basic information. For example buyer's detailed information as in Buyer's contact Info and also seller's in Seller's Contact Info.
Don't do it! An open deed of sale has become accepted practice in the Philippines, but that doesn't make it correct or risk-free for the seller. You see, if you give an Open DOS, the buyer may have the option to delay registering the car under his/ her name.
Notaries usually charge a fee of one percent to 1.5 percent of the property's selling price for a Deed of Absolute Sale. Supposing the value of the property is P1,000,000, one percent of that amount is P10,000.
