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DEED OF SALE

(MOTOR VEHICLE)

KNOW ALL MEN BY THESE PRESENTS:

This contract was made and entered into by and between the
following parties this ____ day of March, 2016:

(NAME OF VENDOR), of legal age, Filipino


citizen, with place of residence address
at___________________________ and hereinafter referred
to as VENDOR;

-and-

(NAME OF VENDEE), of legal age, Filipino and


with residence address
________________________________ referred to as
VENDEE;

-WITNESSETH-

WHEREAS, VENDOR has (PROPERTY or PROPERTIES TO


BE SOLD), which is/are located at ____________________________;

WHEREAS, the VENDEE intends to buy the properties


belonging to the VENDOR,

NOW, THEREFORE, for and in consideration of the foregoing


premises and covenants and undertakings hereinafter set forth,
parties hereto have agreed as follows:

1. That for and in consideration of the sum of


_____________________________ PESOS Philippine Currency
in hand paid by the VENDEE, VENDOR hereby acknowledges
receipt thereby and hereby sell, cede, transfer and convey unto
the VENDEE the property described as follows:

(Description of the property)


2. That the VENDEE may demand
possession/custody of the said property from the VENDOR
provided that the Official Receipt of its payment shall be
presented to the Disposal Committee; Provided further, that the
VENDEE has already effected the transfer in its name the
registration of the said vehicle with the Land Transportation
Office and/or other government agency and proof thereof shall
be presented to the Disposal Committee.

3. That the VENDEE shall remove/pull-out the


said vehicles from receipt of notice of approval from the
TIEZA/VENDOR after the VENDEE has complied with the
aforestated payment and registration requirements;

4. That should the VENDEE failed to pull-


out/remove the said vehicle, the TIEZA/VENDOR shall not be
liable to whatever damage or destruction to the said vehicles;

5. The TIEZA/VENDOR further declares that the


above described unserviceable vehicles are free from liens and
encumbrances and warrants ownership from any claims
whatsoever,

IN WITNESS WHEREOF, the parties have here unto set their


hands on ____day of ______, 2016.

By:

____________________ ____________________
VENDOR VENDEE

SIGNED IN THE PRESENCE OF:

____________________ ______________________

ACKNOWLEDGEMENT

2
REPUBLIC OF THE PHILIPPINES)
CITY OF MAKATI ) S.S.

BEFORE ME, a Notary Public for and in the City of Makati, this
_____ day of ____________ 2016, personally appeared
____________________ and ________________________, exhibiting
their_________________ Nos. _______________ and
_____________issued on _____________at Makati City and
___________ issued on _________________ at
______________________, respectively, known to me and to me
known to be the same persons who executed the foregoing
instrument consisting of two (2) pages including this page upon
which this acknowledgment is written and acknowledged that the
same is their own free act and deed and that of the entities which
they represent.

WITNESS MY HAND AND NOTARIAL SEAL on the date


and place abovewritten.

Doc. No. ________;


Page No. ________;
Book No. _______;
Series of 2003.

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