
Originally Posted by
bogart
HG,
You've been a very good help in this thread! Here's my situation:
I bought a second-hand vehicle from a 3rd owner. He gave me a signed open deed of sale with a photocopy of his passport, as well as a notarized deed of sale from the 2nd owner to the 3rd owner and a notarized deed of sale from the original owner to the 2nd owner.
I had the registration checked at PNP-TMG (through text to a friend) for possible carnap or hot- vehicle status and the vehicle turned out clean. I also had the registration renewed for 2 year here in Las Pinas.
To summarize, these are what I have:
1. Notarized deed of sale from 1st owner to 2nd owner, with photocopy of 2 ID’s of the 1st owner;
2. Notarized deed of sale from 2nd owner to 3rd owner, no photocopy of ID of 2nd owner;
3. Signed open deed of sale from 3rd owner, with photocopy of 3rd owner’s passport;
4. The original CR/OR under the 1st owner's name
Will there be a problem if I will sell it to others without transferring the same to my name? Or is it better to transfer the registration to my name before I sell it?
Thanks in advance!