Deed Of Sale Agreement For A Car Template for Philippines

1. Condition Report: Detailed description of the vehicle's current condition, including any known defects or damage. Include when selling used vehicles or when specifically requested by the buyer

2. Payment Terms: Detailed section on installment payments, if the purchase is not made in full at signing. Include when the purchase price is paid in installments

3. Security Interest: Creates a security interest in the vehicle until full payment is received. Include when there are installment payments

4. Broker/Agent Details: Information about any broker or agent involved in the transaction. Include when the sale is facilitated by a third party

5. Previous Owner History: Details of previous ownership if relevant. Include for used vehicles with multiple previous owners

6. Dispute Resolution: Specific procedures for handling disputes. Include when parties want to specify mediation or arbitration procedures

1. Schedule A - Vehicle Inspection Report: Detailed technical inspection report of the vehicle's condition, including photographs

2. Schedule B - Vehicle Documents: List of all documents being transferred with the vehicle (registration papers, maintenance records, etc.)

3. Schedule C - Payment Schedule: If applicable, detailed schedule of installment payments including dates and amounts

4. Appendix 1 - Vehicle Photographs: Recent photographs of the vehicle showing all angles and any noted damage or defects

5. Appendix 2 - Maintenance Records: Copies of service history and maintenance records

6. Appendix 3 - LTO Clearance: Certificate from Land Transportation Office showing the vehicle is free from any liens or encumbrances