Quote Originally Posted by lloydi12345 View Post
Sorry mali ako ng pagkasabi. Yes po signed iyon ng Buyer and seller PLUS lawyer sooo.. I carefully inspected the document and it's like parang FAILED transfer of ownership siya. Closed deed of sale pala po yung "Deed of Sale" document na ginawa yun nga lang hindi nailipat sa pangalan ni LADY1 yung ownership.
So it was notarized, but the lady buyer ( 1st buyer ) failed to transfer the title due to some problems? If that is the case, then check with the LTO office where the CR was first issued, ask the custodian for advice, papayuhan ka naman nila. Since close na yung 1st deed, you need a deed of sale from the lady to the suceeding buyers in order to consumate the transaction.

Before, we bought a car with an open deed with only 1 id of the original owner, but during transfer nagkaroon ng problema because iba ang signature ng 1st owner from the mortgage papers, so the LTO ask us to find the 1st owner which we couldn't do, they just asked us to execute an affidavit stating that we tried locating the 1st owner but failed to located him/her before they issued a new CR and OR to us. Btw, LTO North Dist. Office po ito - Tayuman.