Scribd Logo
Upload

Welcome to Scribd!

  • 60 views

    Deed of Absolute Sale of A Motor Vehicle

    Uploaded by

    MarizSharmaine David Matibag
    This document is a deed of absolute sale for a 2020 Mitsubishi Montero Sport GT from seller Rowell Matibag to buyer Gilbert Mendoza. The purchase price is 1.35 million pesos, with a down payment of 1.05 million pesos and 12 monthly installments of 25,000 pesos each. Ownership of the vehicle transfers to the buyer upon delivery. The seller warrants that the vehicle is free of liens and encumbrances and that the seller has full authority to sell the vehicle to the buyer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Deed of Absolute Sale of A Motor Vehicle

    Uploaded by

    MarizSharmaine David Matibag
    60 views3 pages
    This document is a deed of absolute sale for a 2020 Mitsubishi Montero Sport GT from seller Rowell Matibag to buyer Gilbert Mendoza. The purchase price is 1.35 million pesos, with a down payment of 1.05 million pesos and 12 monthly installments of 25,000 pesos each. Ownership of the vehicle transfers to the buyer upon delivery. The seller warrants that the vehicle is free of liens and encumbrances and that the seller has full authority to sell the vehicle to the buyer.

    Original Title

    deed_of_absolute_sale_of_a_motor_vehicle

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is a deed of absolute sale for a 2020 Mitsubishi Montero Sport GT from seller Rowell Matibag to buyer Gilbert Mendoza. The purchase price is 1.35 million pesos, with a down payment of 1.05 million pesos and 12 monthly installments of 25,000 pesos each. Ownership of the vehicle transfers to the buyer upon delivery. The seller warrants that the vehicle is free of liens and encumbrances and that the seller has full authority to sell the vehicle to the buyer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    60 views3 pages

    Deed of Absolute Sale of A Motor Vehicle

    Uploaded by

    MarizSharmaine David Matibag
    This document is a deed of absolute sale for a 2020 Mitsubishi Montero Sport GT from seller Rowell Matibag to buyer Gilbert Mendoza. The purchase price is 1.35 million pesos, with a down payment of 1.05 million pesos and 12 monthly installments of 25,000 pesos each. Ownership of the vehicle transfers to the buyer upon delivery. The seller warrants that the vehicle is free of liens and encumbrances and that the seller has full authority to sell the vehicle to the buyer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    DEED OF ABSOLUTE SALE

    OF A MOTOR VEHICLE

    KNOW ALL MEN BY THESE PRESENTS:

    This DEED OF ABSOLUTE SALE (the "AGREEMENT") is made and executed at


    QUEZON CITY, this day of 23 December 2021, by and between:

    ROWELL JAE R. MATIBAG, Filipino, of legal age, married to Mariz Sharmaine D.


    Matibag, and with address at B14 L29 Matthew St, Francisco Homes 2, Brgy. Graceville,
    San Jose Del Monte Bulacan, hereinafter referred to as the SELLER

    -and-

    GILBERT Z. MENDOZA, Filipino, of legal age, married to Jinky Marie S. Mendoza, and
    with address at 642 A Calabash Rd. Sampaloc, Manila, hereinafter referred to as the
    BUYER

    WITNESSETH:

    WHEREAS, the SELLER is the registered owner of a motor vehicle (the "Motor Vehicle")
    as shown by Certificate of Registration No. 39340532-0, a copy of which is hereto
    attached as Annex "A" and specifically described as follows:

    Make: MITSUBISHI  
    Series: MONTERO SPT GT  
    Type of Body: WAGON  
    Year Model: 2020  
    Engine No.: 4N15UGJ9721  
    Serial or Chassis No.: MMBBGUKR10LH008092  
    Plate No.: NGM2617

    WHEREAS, the SELLER desires to sell the Motor Vehicle to the BUYER and the
    BUYER desires to buy the same from the SELLER.

    NOW THEREFORE, for and in consideration of the foregoing premises and mutual
    covenants herein contained, the SELLER hereby absolutely and unconditionally, sells,
    assigns, conveys and transfers upon the BUYER, and its successors and assigns, the
    Motor Vehicle described above, as follows:

    1. Purchase Price. The purchase price for the Motor Vehicle shall be One Million
    Three Hundred Fifty Thousand Philippine Pesos (₱1,350,000.00).

    2. Payment. The BUYER shall make a down payment of One Million Fifty Thousand
    Philippine Pesos (₱1,050,000.00), the receipt of which is duly acknowledged by the
    SELLER. Thereafter the BUYER shall pay Twelve (12) monthly installments of equal
    amounts of Twenty-Five Thousand Philippine Pesos (₱25,000.00).

    Installment payments shall be paid every 23rd day of the month, except when said
    date falls on a weekend or legal holiday then the installment payments shall be due
    on the next business day.
    3. Transfer of Title. The ownership will transfer to the BUYER upon actual or
    constructive delivery of the Motor Vehicle.

    4. Warranties. The SELLER hereby warrants and represents that:

    a. The Motor Vehicle is free from any liens and encumbrances;

    b. The SELLER is the full and absolute owner of the Motor Vehicle with the
    requisite right, power and authority to sell and covey the same to the BUYER;

    c. The SELLER will defend that title and rights of the BUYER from any claims of
    whatsoever kind and nature;

    d. The BUYER shall fully hold and have peaceful possession of the Motor
    Vehicle upon delivery thereof.

    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date
    and place first stated above.

    ROWELL JAE R. MATIBAG


    Seller

    GILBERT Z. MENDOZA
    Buyer
    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES )  


    CITY OF QUEZON CITY )S.S.

    BEFORE ME, a Notary Public, for and in the CITY OF QUEZON CITY, METRO
    MANILA, Philippines, this __________________ personally appeared:

    1. ROWELL JAE R. MATIBAG, with the following competent proof of identification:


    Driver's License with number N04-14-016337 which expires on 08/31/2025.

    2. GILBERT Z. MENDOZA, with the following competent proof of identification:


    Driver's License with number N04-08-013652 which expires on 05/15/2022.

    All known to me to me and to me known to be the same persons who executed the
    foregoing DEED OF ABSOLUTE SALE and they acknowledged to me that the same is
    their free and voluntary act and deed.

    IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal
    on the date and at the place written above.

    Doc. No. _________;  


    Page No. ________;  
    Book No. ________;  
    Series of ________.

    You might also like