October 18th, 2007, 11:25 AM #1
what exactly is open deed of sale? I'm a little confused. Can you have a deed of sale notorized if open sya?
From my understanding, open deed of sale is a contract between buyer and seller. If there is no name of the seller on the deed of sale, that is open deed of sale..(from my understanding).
now the question here is, can the notary public notarize this document when there is no signature of the buyer?
how much do you think it will cost to notarize a "deed of sale"?
should you have two deed of sale, one the original price, the other is under valued price?
thanks in advance.
October 18th, 2007, 11:40 AM #2From my understanding, open deed of sale is a contract between buyer and seller. If there is no name of the seller on the deed of sale, that is open deed of sale..(from my understanding).
the cost of making it notarized will depend kung saan/kanino ka magpapa-notarize. may mga pinagtanungan ako, highest e 1700, lowest e 250. syempre alam mo na kung kanino ako nagpa-notarize.
October 18th, 2007, 12:01 PM #3
One is an undated deed of sale but already signed by the parties. The other is what was discussed here which is a deed of sale but with the buyer not being indicated in the document.
The notary public will generally not sign the deed of sale which does not indicate the contracting party, unless the acknowledgement page specifically indicates that only one of the parties personally appeared before the notary. The effect is, the buyer will also have to notarize the document separately.
October 18th, 2007, 12:02 PM #4
any other tsikoteers have insights
October 18th, 2007, 12:07 PM #5
but for notarizations, the process entails that the contract is closed, meaning the contract or the deed of sale should be signed by both seller and buyer na. by then, it is a closed deed of sale na.
October 18th, 2007, 12:17 PM #6
October 18th, 2007, 12:47 PM #7
October 18th, 2007, 12:50 PM #8
October 18th, 2007, 01:12 PM #9
ang alam ko dito, yung pangalan ng seller yung nasa deed, pero blank yung buyer. yung mga nagaahente ata ng kotse ang gumagamit nito eh, para di na nila kailangan i transfer sa name nila yung kotse habang nagaantay naman sila ng buyer.
pede rin ata kung ibebenta mo yung kotse pero wala ka sa pnas kung mangyari yung sale.
October 18th, 2007, 01:43 PM #10
thanks sa mga replies tsikoteers... helpful tlga.