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Conditional Motor Vehicle Sale Agreement

This document is a conditional deed of sale for a motor vehicle with a down payment. It details the sale of a vehicle from Vendor Michael Angelo L. Memoracion to Vendee [name left blank] for a total price, with an acknowledged down payment received and the remaining balance to be paid by a certain date. If the balance is not paid by the due date, the vehicle will be [left blank]. It provides identifying details of the vehicle and is signed by both parties and a notary.

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Myco Memo
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328 views2 pages

Conditional Motor Vehicle Sale Agreement

This document is a conditional deed of sale for a motor vehicle with a down payment. It details the sale of a vehicle from Vendor Michael Angelo L. Memoracion to Vendee [name left blank] for a total price, with an acknowledged down payment received and the remaining balance to be paid by a certain date. If the balance is not paid by the due date, the vehicle will be [left blank]. It provides identifying details of the vehicle and is signed by both parties and a notary.

Uploaded by

Myco Memo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Conditional Deed of Sale
  • Acknowledgement and Execution

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


MICHAEL ANGELO L. MEMORACION of legal age, single, Filipino, and a resident of 589
UNIT 3I MERIDIAN PLACE CALBAYOG STREET, MAUWAY, MANDALUYONG CITY,
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 acknowledged 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 : ____________________________
TYPE 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
______________, 2021 at ____________________, Philippines.

CONFIRMED AND ACCEPTED:


___________________________ MICHAEL ANGELO L. MEMORACION
Vendee Vendor

SIGNED IN THE PRESENCE OF:

1.__________________________ 2. ___________________________

ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
IN THE CITY OF IMUS, CAVITE, PHILIPPINES
X-------------------------X
BEFORE ME, this _____ day of __________________, 2021 at Imus city, Cavite, Philippines,
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 2021

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