Deed of Sale of Motor Vehicle

This is only a sample Deed of Absolute Sale format involving sale of personal property.  It could be subject to modifications to suit the purpose/s of its execution and requirements of the parties.  It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

Legal Notes:

Sale - By the contract of sale one of the contracting parties obligates himself to transfer the ownership and to deliver a determinate thing, and the other to pay therefor a price certain in money or its equivalent.

A contract of sale may be absolute or conditional. (Article 1458, Civil Code of the Philippines)

DEED OF ABSOLUTE SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

       This Deed of Absolute Sale, made and entered this ____ day of ________, 2015, in Makati City, Metro Manila, by and between:

__________________________________________________, of legal age, Filipino, single/married/widow/widower to ________________, and with residence and postal address at _____________________________, hereinafter referred to as the “SELLER”;

and

___________________________________________________, of legal age, Filipino, married, with residence and postal address at __________________________________, hereinafter referred to as the “BUYER”.

WITNESSETH: THAT

WHEREAS, the SELLER is the lawful and registered owner of a motor vehicle particularly described as follows:

MAKE
MOTOR NO.
SERIAL/CHASSIS NO.
TYPE OF BODY
YEAR MODEL
PLATE NO.
ORCR No.

WHEREAS, the BUYER is willing to buy the said motor vehicle on “AS-IS-WHERE-IS” condition.

NOW THEREFORE, For and in consideration  of the sum of  ______________________________only (Php____________________),  the receipt whereof is hereby acknowledged , do hereby  SELL, TRANSFER, CONVEY and DELIVER,  by way of  ABSOLUTE SALE,  unto  said ______________, their heirs, assigns and successors- in-interest the above described motor vehicle;

FURTHER, the SELLER hereby warrants his/her valid title to and peaceful possession of the property herein sold and conveyed and further declares that the same is free and clear of all liens and encumbrances of any kind whatsoever.

IN WITNESS WHEREOF, the parties have hereunto signed this DEED OF ABSOLUTE SALE on the date and place first above mentioned.

_____________________________

Seller

TIN No:______________________

______________________________

Buyer

TIN No:____________________

Signed in the presence of:

________________________            __________________________

ACKNOWLEDGEMENT

Republic of the Philippines)
___________, Metro Manila ) S.S.

BEFORE ME, a Notary Public for and in ____________________, Metro Manila, personally appeared the following and presented their respective Government Identification Cards:

Name	Government Issued ID	Date and Place of Issue

known to me to be the same persons who executed the foregoing document of DEED OF ABSOLUTE SALE  of MOTOR VEHICLE  and they acknowledged to me that they executed the same as their free and voluntary act and deed.

I HEREBY CERTIFY that the foregoing document consists of ____________ pages including this page, and that the parties and their witnesses signed their names on each page of this instrument.

 IN WITNESS WHEREOF, I have hereunto set may hand and affixed my notarial seal this ____ day of ____________ 20___.

                                                                        NOTARY PUBLIC

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Compromise Agreement

This is only a sample of COMPROMISE AGREEMENT format.  It could be subject to modifications to suit the purpose/s of its execution and requirements of the parties.  It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

Legal Notes:

A compromise is a contract whereby the parties, by making reciprocal concessions, avoid a litigation or put an end to one already commenced. (Article 2028, Civil Code of the Philippines)

REPUBLIC OF THE PHILIPPINES

NATIONAL CAPITAL JUDICIAL REGION

REGIONAL TRIAL COURT

Branch 143, City of Manila

ILOVEFIL INC.

                                      Plaintiff;

-versus-                                                     CIVIL CASE NO. 13-122870

                                                                    For Sum of Money

DIWATA ACOH

                                      Defendant.

x-------------------------------------x

COMPROMISE AGREEMENT

 

KNOW ALL MEN BY THESE PRESENTS:

This Compromise of Agreement is executed this 14^th day of February 2015   in City of Manila, by and between:

ILOVEFIL INC. (ILOVEFIL), is a domestic corporation registered with Securities and Exchange Commission, and with principal office address at 111 Mabuhay Avenue, Barangay 123, City of Manila, represented by ATTY. BINIBINI C. MAGANDA Head, Legal Department pursuant to the resolution issued by its Board of Directors dated 24 October 2014, (copy of which is hereto attached as Annex “A” and made an integral part of this Compromise Agreement), and hereinafter referred to as the “FIRST PARTY”;

and

DIWATA B. ACOH, of legal age, married, with residence and postal address at No. 118 Diamond Road, Global City hereinafter referred to as the “SECOND PARTY”;

 WITNESSETH: THAT

WHEREAS, the FIRST PARTY is the Plaintiff in Civil Case No. 13-122870, entitled "ILOVEFIL, INC. versus DIWATA B. ACOH”, pending in the Regional Trial Court of City of Manila, Branch 143,  hereinafter referred to as the "Pending Case";

WHEREAS, all the parties are desirous of settling amicably the Pending Case in order to avoid inconvenience and costly litigation;

NOW, THEREFORE, in consideration of the foregoing premises, the parties hereby undertake as follows:

1.      The SECOND PARTY shall pay the FIRST PARTY the unpaid balance of the Loan amounting to Eight Hundred Eight  Thousand Pesos (Php808,000.00) and the interest amounting to Two Hundred Two Thousand Pesos (P202,000.00), or the aggregate amount of One Million Ten Thousand Pesos (P1,010,000.00);

2.      The SECOND PARTY shall deliver on or before 30 March 2015 to the FIRST PARTY the Ten (10) post dated checks (PDCs) in the amount of ₱101,000.00 each, payable to the FIRST PARTY (ILOVEFIL, INC).  Each check must be dated every 30^th day of the month beginning 30 March 2015 and the succeeding 9 months thereafter;

3.      In case of delay and/or default in funding the check on said dates, the whole obligation becomes due and demandable without further notice from the FIRST PARTY; 

4.      All other claims and counterclaims not included in this Agreement shall be deemed waived;

5.      This agreement shall not in any way be construed as an admission on the part of any party of any fault, negligence or liability, of whatever kind and nature, in connection with the Pending Case; and

6.      In case of material breach of the terms and conditions of this agreement, the innocent party is hereby authorized to apply for a Writ of Execution in the Pending Case for the purpose of compelling compliance with the terms and conditions of this agreement.

IN WITNESS WHEREOF, the parties have hereunto set their hand at the place and on the date written above.

First Party

ILOVEFIL, INC

by:

____________________________

ATTY. BINIBINI C. MAGANDA

Second Party

______________________

DIWATA B. ACOH

Witnessed By:

__________________________   __________________________

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in City of Manila, personally appeared the following and presented their Government Identification Cards:

1.           ATTY. BINIBINI C. MAGANDA

LTO Driver’s License ID No. N02-18-073109

Quezon City

Valid until 12/28/2016

2.           DIWATA B. ACOH

Driver’s License ID No. N02-09-123456

Quezon City

Valid until 11/13/2015

and they acknowledged to me that they are the same persons who executed the foregoing instrument, consisting of 4 pages, including this page; that ATTY. BINIBINI C MAGANDA is duly authorized to appear in behalf of ILOVEFIL, INC and DIWATA B ACOH, in his personal capacity as Defendant in the aforecited case; and that they executed the foregoing instrument as their own free and voluntary act and deed, in behalf of the said Principal and for herself, respectively.

                                                                   NOTARY PUBLIC

         

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Authority To Sell Property

This is only a sample Authority to Sell format.  It could be subject to modifications to suit the purpose/s of its execution and requirements of the parties.  It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

An Authority to Sell  is executed when granting a right to a  person (an agent) to find a buyer for a property. The agent is not permitted to enter into an agreement for sale.  The agent is allowed to market the property for sale and is entitled to compensation for finding a buyer.  (http://www.investorwords.com/)

AUTHORITY TO SELL

         THIS IS TO AUTHORIZE _______________________, of legal age, single/married, a resident of _______________________________________________, to do and perform any and all of the following acts:

        

TO OFFER THE SALE of particular house and lot located at ___________________________________________, more particularly described in Original Certificate of Title/Transfer Certificate of Title No. ___________________, registered in the name of the undersigned under the following terms and conditions:

Terms	Particulars
Contract Price	____________
Total Area	____________
Capital Gains and Documentary Stamp Taxes and Registration of Sale	____________
Commission of 3% of the Brokers for Successful transaction	_____________
-      Clean Title (no encumbrance or lien) -      With Approved Building Permit, Occupancy Permit, Locational Clearance, Business Permit (if any and applicable) -      Updated Real Property Tax Payment	-      Due Diligence on the account of the Buyer

       

        This authority shall become effective only from ________until _____________________, subject for renewal in writing after the said date.

________________________

Owner/Seller/Attorney-In-Fact

Address

Contact Nos. ______________________

Conformity:

____________________

REB No. ____________

Witness:

__________________________                    __________________________

JURAT

SUBSCRIBED AND SWORN to before me, this _____ day of _____ 20___ in the Municipality/City of ______, affiant exhibiting before me her (Government-Issued Identification Card No. ________)  issued at ____________ on __________.

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Affidavit of Two Disinterested Persons

This is only a sample of Affidavit of Two Disinterested Persons.  It could be subject to modifications to suit the facts to be stated by the affiants. It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

Republic of the Philippines)

Makati City,                         ) Sc.

AFFIDAVIT OF TWO DISINTERESTED PERSONS

We, MAGANDA B. KOH and DIWATA C AKOH, both of legal age, both married, Filipinos, and with postal address at Diamond Circle, Brgy. Bel-Air, Makati City, after being sworn to in accordance with law, hereby depose and say that:

1. We are the neighbors/friends of spouses KEN A. DISNEY and BARBIE C. DISNEY, the parents of CINDERELLA CANWOOD DISNEY;

2. Likewise, we personally knew that said CINDERELLA CANWOOD DISNEY is the first daughter of the aforesaid spouses who was born on December 28, 1970 at Barangay Princesa, Nueva Ecija, we, being present during her birth at the behest of his parents who is a very close friend of ours;

3. In fact, when they moved in this city immediately after her birth, we became neighbors up to the present and said CINDERELLA CANWOOD DISNEY, in fact, became the playmate of our children here in Brgy. Bel-Air, Makati City;

4. The foregoing is executed for the purpose of proving that CINDERELLA CANWOOD DISNEY is the lawful daughter of KEN A. DISNEY and BARBIE C. DISNEY, for purposes not contrary to law, morals, good customs and public policy and for other purposes this may serve.

 AFFIANTS FURTHER SAYETH NAUGHT.

          IN WITNESS WHEREOF, we have hereunto set our hand this 18^th day of January 2015 in Makati City, Philippines.

          MAGANDA B. KOH                                           DIWATA C AKOH

                   Affiant                                                       Affiant

JURAT

          SUBSCRIBED AND SWORN TO before me, in Makati City, this 26^th day of January 2015, affiants: MAGANDA B. KOH and DIWATA C AKOH, personally appeared and exhibited their LTO Driving License No. N02-02-123456 (valid until November 2, 2016) and N01-12-345678 (valid until 28 December 28, 2017), respectively, issued by the Land Transportation Office at Quezon City, Philippines.

NOTARY PUBLIC

Doc No.   _____;

Page No. _____;

Book No. _____;

Series of 2015.

Affidavit of Whereabouts

This is only a sample of Affidavit of Whereabouts.  It could be subject to modifications to suit the facts to be stated by the affiant. It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

Republic of the Philippines}

City Of Manila                    } Sc.

AFFIDAVIT OF WHEREABOUTS

I, MALAKAS AKOH, Filipino, of legal age, married and a resident of 143  ILOVEU St., Barangay May Forever, City of Manila , after being sworn to in accordance with law, depose and state that:

1.      I am married to MAGANDA SIYA-AKOH since July 21, 1980 in the City of Manila;

2.      Out of that marriage, MARIKIT S. AKOH was born on December 28, 1982.  Copy of the Birth Certificate is hereto attached as Attachment 1 and made an integral part of this Affidavit;

3.      Our only child, MARIKIT S. AKOH died last July 31, 2014 at Nagpapagaling Hospital in Manila after giving birth to her 1^ST child. Copy of the Death Certificate of MARIKIT S. AKOH is hereto attached as Attachment 2 and made an integral part of this Affidavit;

4.      Sometime in 1983, few months after the said child was born, MAGANDA SIYA-AKOH left the conjugal dwelling and has disappeared from our lives since then;

5.      Our only child never met her mother during her lifetime since we have no personal knowledge whatsoever of the whereabouts of MAGANDA SIYA-AKOH;

6.      Since MAGANDA SIYA-AKOH left our family dwelling in 1983 until as of date, I never saw her again and no information whatsoever of her whereabouts;

7.      Diligent efforts were made to locate said person but no avail.  We have no contact whatsoever from the relatives and friends of MAGANDA SIYA-AKOH;

8.      I   execute   this   affidavit   to   attest   to   the   veracity   of   the   foregoing averments and for any purpose it may serve.

IN WITNESS WHEREOF, I have hereto set my hand this 23rd day of August 2016  in the City of Manila.

MALAKAS AKOH

Affiant

Senior Citizen ID No. 12345,

Issued on June 16, 2012 at City of Manila

Signed in the presence of:

____________________                    _______________

JURAT

SUBSCRIBED AND SWORN to before me this _____ day of ______________________ in the ________________, affiant appeared and presented his Government Issued Identification Card and I hereby certify that I have personally examined the affiant and I am convinced that the foregoing affidavit is his voluntary act and deed and the contents thereof are true and correct of his personal knowledge.

NOTARY PUBLIC

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