
Originally Posted by
LikeMike
Hi Guys,
Replying to this thread kasi di pa ata ako pwedeng mag post ng new thread.
I am about to buy a second hand car, First owner ung may ari, problem is seaman sha, so ang kausap ko is ung father nya.
As per them, di pa nila maibibigay ung deed since wala si anak nya nasa barko pa. Maybe delayed by weeks.
So ang alternate course of action na inoffer nya to get the car is by acknowledgement receipt of the payment. signed by him and me with valid id's of owner and him. turn over the original OR/CR insurance docs (all of them and the car itself) and then i pay cash.
Basically to follow ung Deed of sale. which as we agreed should be closed deed.
Safe kaya tong arrangement na to. need your thoughts. cons?
Regards,
Mike