Affidavit Of Sale Of Motor Vehicle for Philippines

Affidavit Of Sale Of Motor Vehicle Template for Philippines

An Affidavit of Sale of Motor Vehicle is a legally binding sworn statement used in the Philippines to document and verify the transfer of ownership of a motor vehicle from one party to another. This document, which must be notarized to be valid, includes detailed information about the seller, buyer, and the vehicle being transferred, including its make, model, registration details, and sale price. The document complies with the requirements of the Land Transportation Office (LTO) of the Philippines and serves as a crucial piece of documentation for the official transfer of vehicle ownership, registration update, and related regulatory compliance.

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What is a Affidavit Of Sale Of Motor Vehicle?

The Affidavit of Sale of Motor Vehicle is a critical document required by Philippine law for the legal transfer of motor vehicle ownership. This sworn statement is necessary when selling or transferring ownership of any motor vehicle in the Philippines and must be properly executed before a notary public. The document is designed to protect both the seller and buyer by clearly documenting the terms of the sale and the vehicle's details, while also meeting the requirements of the Land Transportation Office (LTO) for vehicle registration transfer. It includes comprehensive information about the vehicle, parties involved, sale price, and any relevant conditions or warranties. The affidavit serves as a key supporting document for LTO transactions, tax payments, and insurance transfers, and helps prevent potential legal disputes regarding the vehicle's ownership and transfer.

What sections should be included in a Affidavit Of Sale Of Motor Vehicle?

1. Title and Jurisdiction: States the document type and the jurisdiction where it is being executed

2. Affiant Information: Complete details of the seller making the sworn statement, including full name, age, citizenship, and complete address

3. Buyer Information: Complete details of the buyer, including full name, age, citizenship, and complete address

4. Vehicle Description: Comprehensive details of the vehicle including make, model, year, color, engine number, chassis number, plate number, and registration details

5. Transaction Details: Information about the sale including the date of sale and agreed purchase price

6. Representations and Warranties: Seller's sworn statements about vehicle ownership, absence of liens or encumbrances, and authority to sell

7. Transfer of Rights: Statement confirming the transfer of all rights, title, and interests in the vehicle to the buyer

8. Attestation: Final sworn statement affirming the truth of all declarations made in the affidavit

9. Notarial Section: Space for notary public's details, signatures, and seal

What sections are optional to include in a Affidavit Of Sale Of Motor Vehicle?

1. Liens and Encumbrances: Required if there are existing liens or encumbrances that need to be disclosed or addressed

2. Third-Party Authorization: Include when the seller or buyer is represented by an authorized representative

3. Special Conditions: Any special agreements or conditions related to the sale

4. Payment Terms: Required if the payment is not made in full at the time of sale

5. Vehicle Condition Disclosure: Detailed description of the vehicle's condition and known defects, recommended for used vehicles

6. Prior Registration History: Include if the vehicle has been registered in multiple locations or has undergone significant changes

What schedules should be included in a Affidavit Of Sale Of Motor Vehicle?

1. Copy of Original Certificate of Registration: Photocopy of the vehicle's current registration certificate

2. Official Receipt of Registration: Copy of the latest registration payment receipt

3. Valid Government IDs: Photocopies of valid government-issued IDs of both seller and buyer

4. Photographs of Vehicle: Recent photographs of the vehicle showing its current condition

5. Insurance Documentation: Copies of current insurance policies and transfer documentation

6. Tax Clearance: Proof of payment of required taxes related to the vehicle transfer

7. Deed of Sale: Copy of the deed of sale if executed separately from the affidavit

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Affidavit

Cost

Free to use
Relevant Industries

Automotive

Transportation

Fleet Management

Car Dealerships

Insurance

Legal Services

Banking and Finance

Logistics

Vehicle Leasing

Public Transportation

Corporate Services

Relevant Teams

Legal

Compliance

Administrative Services

Fleet Management

Operations

Risk Management

Documentation

Corporate Services

Procurement

Asset Management

Transportation

Sales Administration

Relevant Roles

Fleet Manager

Compliance Officer

Legal Counsel

Administrative Officer

Vehicle Registration Specialist

Property Manager

Operations Manager

Risk Management Officer

Documentation Specialist

Corporate Secretary

Procurement Manager

Asset Manager

Transportation Manager

Sales Manager

Dealership Manager

Legal Administrator

Corporate Services Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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