CONDITIONAL DEED OF SALE OF MOTOR VEHICLE

WITH DOWNPAYMENT
KNOW ALL MEN BY THESE PRESENTS:
This AGREEMENT OF CONDITIONAL SALE made and executed by and between
__________________________________of legal age, married/single, Filipino, and a resident of
_____________________________________________hereinafter called the Vendor in favor of
__________________________________of legal age, Filipino, married/single, and a resident of
_____________________________________________hereinafter called the Vendee;
WITNESSETH:
That FOR AND INCONSIDERATION OF THE SUM OF ________________________
__________________________ (P _______________ ) Philippine currency, receipt of which in
the amount of ______________________________________________ (P ________________ )
as down payment is hereby acknowledge from the Vendee, by and to the partial satisfaction of
the Vendor, said Vendor HEREBY SELLS, TRANSFER AND CONVES unto the Vendee, his
heirs, assigns and successors in interest, that certain Motor Vehicle and more particularly
described as follows:
MAKE/SERIES
TYPR OF BODY
MODEL
MOTOR No.
CHASSIS No.
PLATE No.
COLOR

: ____________________________
: ____________________________
: ____________________________
: ____________________________
: ____________________________
: ____________________________
: ____________________________

of which I am the sole and absolute owner free from all liens and encumbrances;
That is agreed that the Vendee shall pay the remaining balance of ___________________
__________________________________ (P _______________ ) or before ________________
________________________;
That failure on the part of the Vendee to settle the balance on due date, the Motor Vehicle
shall be ________________________________________
IN WITNESS WHEREOF, the parties hereby affixes their signature this ______ day of
______________, 2010 at Cotabato City, (for Datu Piang, Maguindanao), Philippines.
CONFIRMED AND ACCEPTED:
___________________________
Vendee

__________________________
Vendor

SIGNED IN THE PRESENCE OF:

1.__________________________
2. ___________________________
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
IN THE CITY OF COTABATO
)S.C
(For Datu Piang, Maguindanao
)
X -------------------------X
BEFORE ME, this _____ day of __________________, 2010 at Cotabato City (For Datu
Piang, Maguindanao), personally appeared ___________________________________________
Known to be the same executed the foregoing instrument and acknowledge to me the same is
his/her free and voluntary act and deed.
WITNESS MY HAND AND NOTARIAL SEAL.
Doc No. : _______
Page No. : _______
Book No. VII
Series of 2010