Deed Of Absolute Sale Motor Vehicle Template for Philippines

1. Condition of Vehicle: Detailed description of the vehicle's current condition, to be included when selling used vehicles or when specifically requested by either party

2. Payment Terms: To be included if payment is not made in full at signing, detailing installment schedule and conditions

3. Taxes and Fees: Detailed breakdown of responsibility for transfer taxes and registration fees, if these need to be explicitly stated

4. Prior Encumbrances: To be included if there are any existing liens or encumbrances that need to be cleared before or as part of the sale

5. Governing Law: While Philippine law automatically applies, this section may be included for clarity or if parties are from different jurisdictions

6. Acknowledgment by Spouse: Required if the Vendor is married and the vehicle is conjugal property

1. Schedule A - Vehicle Details: Complete technical specifications and features of the vehicle

2. Schedule B - Vehicle Registration Documents: Copies of current registration, insurance, and other relevant certificates

3. Schedule C - Vehicle Inspection Report: Detailed report of vehicle condition, including photographs and noted defects if any

4. Schedule D - Payment Receipt: Official receipt of payment and any relevant bank documents

5. Appendix 1 - LTO Clearance: Land Transportation Office clearance confirming no pending violations

6. Appendix 2 - Insurance Documents: Details of existing insurance and transfer requirements