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Deed of Absolute Sale: Vendor Vendee

This document is a Deed of Absolute Sale transferring ownership of a 2001 Mitsubishi Space Gear wagon from the Vendor to the Vendee for Php 170,000. The Vendor warrants they are the legal owner and the vehicle is unencumbered. The Vendee assumes full responsibility for any accidents involving the vehicle. Both parties and witnesses have signed the agreement, which was notarized.

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0% found this document useful (0 votes)
1K views2 pages

Deed of Absolute Sale: Vendor Vendee

This document is a Deed of Absolute Sale transferring ownership of a 2001 Mitsubishi Space Gear wagon from the Vendor to the Vendee for Php 170,000. The Vendor warrants they are the legal owner and the vehicle is unencumbered. The Vendee assumes full responsibility for any accidents involving the vehicle. Both parties and witnesses have signed the agreement, which was notarized.

Uploaded by

Judah Pasco
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale of motor vehicle is hereby entered into on this ___ of
______________, 2018, by and between:

____________________, of legal age, single, Filipino, and with residence


address at ______________________________________and hereinafter
referred to as the “VENDOR.”
-and-
____________________, of legal age, married, Filipino, and with residence
address at _________________________________, and hereinafter referred to
as the “VENDEE.”

WITNESSETH:
That for good and in consideration of the amount of ONE HUNDRED SEVENTY
THOUSAND PESOS, (Php. 170,000.00), Philippine Currency, the VENDOR hereby SELLS,
TRANSFERS and CONVEYS unto the VENDEE the registered motor vehicle described below as
follows:

Make: Mitsubishi Chassis No: X123456


Model: 2001 Engine No: 2B64B-012345
Type: Space Gear (Wagon) Plate No: XXX-666
File No. 1213-000001234

The VENDOR warrants that he is the absolute owner of the above described property and
that the same is free from all liens and encumbrances and/or legal impediments and from any and
all claims whatsoever.
The VENDEE shall hold the VENDOR harmless from the consequences arising from an
accident involving the vehicle and that the VENDEE shall fully assume responsibility for such
consequences.

IN WITNESS WHEREOF, the parties have hereunto affixed my signature on this ____
day of _____________, 2018 at ________________________.

_______________________ _______________________
VENDOR VENDEE
SIGNED IN THE PRESENCE OF:

_________________________ _________________________

ACKNOWLEDGEMENT
Republic of the Philippines)
City of ________________) S.S.

BEFORE ME, a notary public for and in the city of ________________, on this _____
day of ________________, 2018 personally appeared ________________with
__________________, and ___________________with __________________, known to me and
to me known to be the same persons who executed the foregoing Deed of Absolute Sale of Motor
Vehicle, duly signed by them and their instrumental witnesses and they further acknowledge to
me that the same is their own free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place first above written.

NOTARY PUBLIC

Doc. No. _____


Page No. _____
Book No. _____
Series of _____

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