How will he renew registration without the original owner's ID and authorization? ...
How will he renew registration without the original owner's ID and authorization? ...
Kailangan lang ng latest photocopy ng OR at CR para sa pag renew ng rehistro. Hindi komplikado magparehistro ng sasakyan
Correct you'll only need those IDs pag ililipat yun name saiyo, pag regular renewal lang and walang changes OR and CR lang need.
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just renew LTO annually.
all you need are the xerox copies of the CR and the latest OR. make sure you have extra copies, as LTO may not return to you the copies that you submit to them, everytime you renew.
and the emissions test and TPL insurance, both of which will also require xerox of the above.
no other documents needed.
they will not even ask why you are the one walking the papers.
your use of that car is near-unlimited, naman.
of course, if someone buys it from you, he will be in the same predicament as you.
just keep a copy of the deeds of sale in the car, for justin.
Kasalanan nung 2nd owner yan, una bakit wala syang ID nung original owner, pangalawa, bakit hindi nya nilipat sa name nya yung sasakyan bago nya binenta.
You can still renew the registration yearly, pero mahihirapan ka ibenta yan.. so next time, do not buy pag hindi nakapangalan sa seller yung OR/CR.
kung tutuusin,
kasalanan ng buyer.
bakit bumili nang kotse sa taong hindi naman nakapangalan sa kanya ang sasakyan?
but we're already beyond that.
our aim is to enjoy the car, without fear of the consequences.
for a few years now, i have been driving around with a car whose ownership still hasn't transfered to me.
i suspect, there are myriads of motoristas out there, just like me.
Last edited by dr. d; April 5th, 2022 at 12:56 PM.
Kung super luma na yun sasakyan or small value procured lang pwede siguro yan kahit di mo na transfer.. gamitin na lang till masira na..
Pero kung significant pa yung amount na bibilhin mo... negabibs ako dyan.. para di naman masyado lugi come resell time
Mas madali kasi benta or trade kung nasa name ng owner eh
May nakausap ako na binebenta niya suv pero yung OR/CR nakapangalan pa sa 1st owner. Mukhang hindi pa ata notarized yung deed of sale kasi sabi niya "open" pa din daw (interpretation ko walang nakapangalan na buyer sa deed of sale).
So kung bibilhin ko itong suv at ipapa transfer ko sa name ko yung LTO registration, hahanapin yung notarized deed of sale at OR/CR. Dapat ba yung pangalan ng seller sa deed of sale ay same din dapat sa OR/CR ?
Meron pa kayang workaround kapag ganito yung situation na yung nagbebenta na 2nd owner ay hindi pa na transfer sa name niya yung LTO registration?
Yes, OR CR dapat same sa DOS, most important is that person's ID should not be expired if it's an expiring ID like driver's license, PRC, etc
Kung sa 2nd owner mo buy at open DOS sya, wala sya sa picture sa transaction, as far as documents are concerned, owner appearing in the DOS as seller, then, Ikaw as buyer.
So kung gusto mo, don't transfer it to your name, so pagbenta mo, pasa mo rin Open DOS sa buyer mo
you are correct. open DOS means the deed of sale is complete, including the signature of the owner whose name is also on the CR. the buyer's name is a blank line.
if you buy it, your name will be written on the blank space of the deed of sale, which will then be notarized (despite the physical absence of the seller).
and yes, there's the seller's un-expired ID, as already mentioned above.
so, is it legit?
well... notarization requires the physical presence of both buyer and seller, in front of the notary public...
how come it is practiced?
"who's complaining?"
bottomline, your "seller" who is not really the owner, will not appear in the documents at all.
if you, in the future, have some beef with him, you won't be able to implicate him.
does it matter? if the transaction goes smoothly, not really.
matitiklo lang yan, if the seller/owner complains, i.e., "carnap". in which case, wala tayong habol.
Thank you guys for sharing your insights, especially to you Dr. D!
Nung nalaman ko na "open" deed of sale, may "alarm bells" kagad sa utak ko. Sabi ko kelan pa naging legit ang deed of sale na hindi kumpleto ang details.
Mukhang naging common practice na ito sa buy and sell ng kotse at mas lalo na siguro sa motorcyles.
Nakita ko itong old article about this illegal practice of open deed of sale. So lesson for me, the first question to ask when looking for a 2nd hand car, ask for a legit deed of sale with valid gov ids. Kung wala mga yan just walk away. It's a risky deal.
Brainstorm: The Next Generation | Open deed of sale? - Mindanao Times
usually pag sa buy and sell mo binenta, open deed of sale talaga.. pero as soon as mabenta nya sa iba.. papa notarized agad nya.. and will give you a copy.. ganyan yung binenta ko dati.. pero in 3 days may notarized deed of sale na agad.. yan eh kung maayos kausap yung binentahan mo..
Unfortunately, an open DoS is the nature of the beast in this business
Kung hihigpitan ito at strictong susundin ang batas, maraming used car businesses masisirado
Marami ring gustong magbenta ng sasakyan nila mahihirapan o matatagalan ang pagbenta
Looking to buy a second hand car but the current registered owner is already dead. Friend ng owner yung nag benta, meron deed of sale signed ny the wife, death certificate, extra judicial settlement and copies of ID of owner, wife and daughter. Anyone tried to transfer ownership before with similar circumstances?
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i have no experience in such, because i automatically avoid such potentially complicated purchase.
the used car market is currently a buyer's paradise, sir.
i would advise going into a less controversial purchase.
you can google "car purchase dead owner LTO".
you may also have to consult a knowledgeable person, to read the extrajudicial settlement document.
good luck.
my opinion only.
Last edited by dr. d; October 15th, 2022 at 07:38 PM.
If the deceased's family was really serious about selling the car they should probably get it transferred to the owner's wife first.