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1. Parties: Identifies and provides complete details of the Vendor (seller) and Vendee (buyer), including their full names, addresses, and government IDs
2. Background: Brief context of the transaction and confirmation of the seller's ownership and authority to sell
3. Definitions: Defines key terms used throughout the document
4. Subject Matter: Detailed description of the motor vehicle including make, model, year, color, engine number, chassis number, plate number, and other identifying details
5. Consideration: States the agreed purchase price and payment terms
6. Acknowledgment of Receipt: Seller's confirmation of receiving full payment and buyer's acknowledgment of receiving the vehicle
7. Warranties and Representations: Seller's warranties regarding vehicle ownership, absence of liens or encumbrances, and condition of the vehicle
8. Transfer of Ownership: Clear statement transferring all rights, title, and interests in the vehicle to the buyer
9. Taxes and Registration: Responsibilities for payment of taxes and handling of registration transfer
10. Governing Law: Specifies that the deed is governed by Philippine law
11. Execution: Formal closing and signature blocks for parties and witnesses
1. Conditions Precedent: Used when there are specific conditions that must be met before the sale becomes final
2. Installment Terms: Include when the payment is not made in full at the time of sale
3. Insurance: Details about transfer or procurement of vehicle insurance when relevant
4. Third-Party Authorization: Include when either party is acting through an attorney-in-fact or authorized representative
5. Encumbrances: Detailed section about existing liens or encumbrances and their resolution, if any
6. Inspection Certificate: Reference to professional inspection results if required by either party
1. Vehicle Details Schedule: Comprehensive technical specifications and features of the vehicle
2. Payment Schedule: Detailed breakdown of payment terms if not paid in full
3. Inspection Report: Technical inspection results and current vehicle condition assessment
4. Maintenance Records: History of vehicle maintenance and repairs
5. Documentary Requirements: List of all required documents for LTO transfer
6. Photographs: Recent photographs of the vehicle showing its current condition
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