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Car Sale Deed Agreement Template for Philippines

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Key Requirements PROMPT example:

Car Sale Deed Agreement

"I need a Car Sale Deed Agreement for my car dealership in Manila to sell a new 2024 Toyota Fortuner to a corporate client, with payment to be made in three installments between January and March 2025, including comprehensive warranties and maintenance package details."

Document background
The Car Sale Deed Agreement is a crucial legal document used in the Philippines for both private and commercial vehicle sales transactions. It serves as the primary instrument for documenting the transfer of vehicle ownership, incorporating requirements from the Civil Code of the Philippines, Land Transportation and Traffic Code (RA 4136), and relevant LTO regulations. This agreement is essential when selling or purchasing any motor vehicle, whether between private individuals or commercial entities, and must include specific details about the vehicle, parties involved, and terms of sale. The document is designed to protect both buyer and seller by clearly stating all conditions of the sale, warranties, and responsibilities, while ensuring compliance with Philippine vehicle transfer regulations and tax requirements. It forms the basis for vehicle registration transfer at the LTO and serves as evidence of the transaction for tax and legal purposes.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with complete legal names, addresses, and government-issued ID details as required by Philippine regulations

2. Background: Brief context of the sale transaction and confirmation that the Seller is the legitimate owner of the vehicle

3. Definitions: Definitions of key terms used throughout the agreement

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

5. Sale and Purchase: Core terms of the sale including the agreed purchase price and confirmation of the transfer of ownership

6. Payment Terms: Details of the payment amount, method, and schedule if applicable

7. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and absence of liens or encumbrances

8. Transfer of Ownership: Process and obligations regarding the transfer of registration and other documentation with the LTO

9. Taxes and Fees: Allocation of responsibility for transfer taxes, registration fees, and other applicable charges

10. Delivery and Acceptance: Terms regarding the physical transfer of the vehicle and acceptance conditions

11. Governing Law: Specification that the agreement is governed by Philippine law

12. Execution: Signature blocks for parties and witnesses as required under Philippine law

Optional Sections

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

2. Payment Security: Additional terms regarding payment security measures, to be included when payment is in installments or when using post-dated checks

3. Insurance: Provisions regarding transfer or procurement of insurance, particularly relevant when there is a gap between sale and delivery

4. Dispute Resolution: Specific procedures for handling disputes, recommended for high-value vehicles or complex payment arrangements

5. Third-Party Authorization: Required when either party is acting through an authorized representative

6. Inspection Period: Terms allowing buyer inspection and potential withdrawal, useful for remote purchases or when buyer hasn't fully inspected the vehicle

Suggested Schedules

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

2. Schedule 2 - Vehicle Documents: Copies of registration papers, insurance certificates, and maintenance records

3. Schedule 3 - Payment Schedule: If payment is in installments, detailed breakdown of payment dates and amounts

4. Schedule 4 - Deed of Absolute Sale: The official deed format required by the LTO for vehicle transfer

5. Appendix A - Vehicle Photographs: Recent photographs of the vehicle from multiple angles, including any existing damage

6. Appendix B - Maintenance History: Record of vehicle maintenance and repairs

Authors

Alex Denne

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

Relevant legal definitions







































Clauses































Relevant Industries

Automotive

Retail

Transportation

Fleet Management

Car Dealership

Vehicle Leasing

Insurance

Financial Services

Legal Services

Corporate Services

Relevant Teams

Legal

Sales

Operations

Finance

Procurement

Administration

Compliance

Risk Management

Documentation

Corporate Secretariat

Relevant Roles

Legal Counsel

Sales Manager

Fleet Manager

Compliance Officer

Administrative Officer

Finance Manager

Procurement Officer

Business Owner

General Manager

Operations Manager

Legal Assistant

Corporate Secretary

Risk Manager

Vehicle Asset Manager

Documentation Specialist

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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