Patulong po. First time ko po bibili ng car kaso po di ko alam papano iproprocess legally.
What should I do? What papers do I need to process before I pay the seller?
I'm planning to buy a car.
Do I only need a Deed Of Sale? Should we go to an attorney at a Notary Public and the attorney be the witness?
How about the ORCR of the car? should the ORCR first be transferred to my name before I pay the car? Or should I just let the ORCR stay on the seller's name until the next registration of the car as long as I have the Deed of Sale?
Ano po dito ang tama?
1. I should have a Deed of Sale sign both of us even no attorney as witness then I can pay the seller now?
2. I should have a Deed of Sale sign both of us in the presence of attorney from Notary Public office, then I can pay the seller now?
3. Option 1(having a deed-of-sale without attorney as witness), plus, let the ORCR of the car stay in the seller's name until the next registration of the car before I transfer it to my name, then I can pay the seller now?
4. Option 2(having a deed-of-sale with attorney as witness), plus, the ORCR of the car should be transfered to my name immediately then I can pay the seller now?