Sample Filled Up Deed Of Sale Of Motorcycle
A deed of sale is a legal document that serves as proof of transfer of ownership from the seller to the buyer. It is a crucial document in any transaction involving the sale of a motorcycle. In this article, we will provide you with a sample filled up deed of sale of motorcycle that you can use as a reference when creating your own.
What is a Deed of Sale of Motorcycle?
A deed of sale of motorcycle is a legal document that confirms the transfer of ownership of a motorcycle from the seller to the buyer. It is a binding agreement between the two parties that outlines the terms and conditions of the sale. The document is usually prepared by the seller and signed by both parties in the presence of a notary public or any authorized representative.
The deed of sale of motorcycle must contain the following information:
- Name and address of the seller and buyer
- Details of the motorcycle being sold, including the make, model, year, and vehicle identification number (VIN)
- Purchase price and mode of payment
- Date of the sale
- Signatures of both parties
It is important to note that the deed of sale of motorcycle is a legal document and should be treated as such. It is recommended that both parties seek legal advice before signing the document to ensure that their rights and interests are protected.
Sample Filled Up Deed of Sale of Motorcycle
Below is a sample filled up deed of sale of motorcycle that you can use as a reference:
DEED OF SALE OF MOTORCYCLE
KNOW ALL MEN BY THESE PRESENTS:
That I, [Seller's Name], of legal age, single/married, and a resident of [Seller's Address], Philippines, for and in consideration of the sum of [Purchase Price] (P[Amount in Words]), Philippine Currency, to me in hand paid by [Buyer's Name], likewise of legal age, single/married, and a resident of [Buyer's Address], Philippines, the receipt whereof is hereby acknowledged, have sold, transferred, and conveyed, and by these presents do hereby sell, transfer, and convey unto the said [Buyer's Name], his/her heirs and assigns, the following described motorcycle:
Make: [Motorcycle Make]
Model: [Motorcycle Model]
Year: [Motorcycle Year]
VIN: [Motorcycle VIN]
The said motorcycle is hereby sold in an "as-is" condition, and the seller makes no warranties or representations, express or implied, as to the condition of the motorcycle, its fitness for any particular purpose, or its merchantability.
It is understood and agreed that the said [Buyer's Name] shall take possession of the motorcycle upon full payment of the purchase price.
IN WITNESS WHEREOF, I have hereunto set my hand this [Date of Sale] at [Seller's Address].
SIGNED IN THE PRESENCE OF:
[Seller's Signature] [Buyer's Signature]
[Seller's Name] [Buyer's Name]
Conclusion
A deed of sale of motorcycle is an important legal document that serves as proof of ownership transfer from the seller to the buyer. It is important to ensure that the document contains all the necessary information and that both parties seek legal advice before signing it. We hope that this sample filled up deed of sale of motorcycle has provided you with a better understanding of what the document should look like.