Are there real danger in Open deed of sale

**MAXBUWAYA** · July 25th, 2005 01:53 PM

Havent sell a car to a buy and sell guy though but have talk to some people
who says they wont sell their car again who will just hand them a blank deed of sale and let them sign it.

well it makes sense i mean will that blank piece of paper will hold as evidence if makapatay kotse mo and inabandon yung sasakyan? Well even mapayunayan mo na you were not driving malaking perwisyo pa din.

Or are there any other ways?

**theveed** · July 26th, 2005 01:09 PM

Well usually kung blanko deed mo, both parties should have adequate proof that the transaction took place. Usually ginagawa may side contract acknowledging the sale, with proof of identity like licenses from both parties and witness.

**bogart** · July 26th, 2005 01:18 PM

i have sold 2 previous vehicles with an open deed of sale.

i asked the buyer to sign 1 complete deed of sale (he can have 3 blank copies), plus an ackowledgement receipt, and as what theveed stated, photocopies of the i.d of the buyer.

**uniquetempo** · June 26th, 2009 03:58 PM

Please help on some info or advise.

above post is already 4 years old.
Does the advise still apply?
How does the side contract or ackowledgement receipt look like?

Please give some advise.
Am trying to sell my car very soon.
Thank you in advance.

**mey0r** · June 26th, 2009 05:36 PM

Very much applicable, kahit ilang taon pa mabaon yang post na yan

**carlo_41786** · October 15th, 2009 12:32 AM

Help naman mga sir.

Im really newbie and clueless about this "open deed of sale".

Im planning to sell my car and its not yet fully paid.

For sure somebody here already did this.

What i would like to know is what i should do regarding with the transaction and the documents.

I do have a template for the "deed of sale" but not really sure what to do with it.

Please do enlighten me.

**alpha-q** · December 18th, 2009 10:14 PM

Bumili kasi ako ng 2nd hand car pero tinatamad ako ilipat sa name ko. Kung ibebenta ko uli bigay ko lang yung unang deed of sale namin ng 1st owner, at bagong deed of sale ng namin ng buyer?

Pwede ba yun?

Dami kasi ako naririnig may mga kopya sila ng open deed of sale e para kung sakaling ibenta uli.

**mark_t** · December 19th, 2009 12:12 AM

meron ba tangang notario publiko na mag notario ng open deed of sale?

siguro wala.

kung hindi notariado legal ba ito?

kailangan pa bang i memorize yan?

**vanleano** · February 8th, 2010 11:29 AM

sino meron template ng open deed of sale???

**deadly_elegance** · February 15th, 2010 02:45 PM

Originally Posted by alpha-q

Bumili kasi ako ng 2nd hand car pero tinatamad ako ilipat sa name ko. Kung ibebenta ko uli bigay ko lang yung unang deed of sale namin ng 1st owner, at bagong deed of sale ng namin ng buyer?

Pwede ba yun?

Dami kasi ako naririnig may mga kopya sila ng open deed of sale e para kung sakaling ibenta uli.

yes pareho tayo ng sitwasyon, gusto ko ding malaman kung pwede ba ito, kasi iniisip ko nang ibenta yung sasakyan ko. .