New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines

Results 1 to 7 of 7
  1. Join Date
    May 2007
    Posts
    101
    #1
    meron magsasangla ng auto saken, in other words i-collateral nya yung auto nya sa utang. iiwan nya saken yung car, keys, papeles..
    pero

    1)anong papeles ba talaga kailangan ko?

    2)ano ang kailangan nya iprovide at ano ding papers ang kailangan ko iprovide para sa agreement ng pagsangla?

    3)ano pa po ang mga mahalagang bagay na dapat ko malaman?

    TIA

  2. Join Date
    Jan 2007
    Posts
    2,326
    #2
    AFAIK, other than the ownership papers, kailangan mo din ng chattel mortgage agreement na annotated (I don't remember by who) -- I suggest you ask a lawyer talaga para detalyado ang info mo kasi mahirap na sumabit.

  3. Join Date
    May 2007
    Posts
    101
    #3
    *pup2 baka ganon na nga lang gawin sir.. thanks anyway

  4. Join Date
    Sep 2004
    Posts
    2,976
    #4
    No need for a chattel mortgage, pag individual to individual lang naman ang transaction. Conditional deed of sale lang, ok na. Just have it notarized.

  5. Join Date
    May 2007
    Posts
    101
    #5
    open deed of sale saying na pag di nabayaran yung napagkasunduang amt within a certain time frame e considered na sold sayo yung auto?

    do you need to have it notarized right then and there or pwede ipanotarize na lang if hindi nya tinubos?

  6. Join Date
    Jan 2024
    Posts
    5
    #6
    Quote Originally Posted by lnce420 View Post
    meron magsasangla ng auto saken, in other words i-collateral nya yung auto nya sa utang. iiwan nya saken yung car, keys, papeles..
    pero

    1)anong papeles ba talaga kailangan ko?

    2)ano ang kailangan nya iprovide at ano ding papers ang kailangan ko iprovide para sa agreement ng pagsangla?

    3)ano pa po ang mga mahalagang bagay na dapat ko malaman?

    TIA
    Hello.
    - Original CR & OR
    - Deed of Conditional Absolute Sale (Stating na pag hindi nya nabayaran yung utang nya sayo na amount with interest, considered as sold na yung sasakyan sayo) - pwedeng ipanotarize nalang yun pag nag default payment na siya.
    - photocopy of valid IDs of 1st owner with 3 specimen signature

  7. Join Date
    Jan 2024
    Posts
    5
    #7
    Quote Originally Posted by lnce420 View Post
    open deed of sale saying na pag di nabayaran yung napagkasunduang amt within a certain time frame e considered na sold sayo yung auto?

    do you need to have it notarized right then and there or pwede ipanotarize na lang if hindi nya tinubos?
    yes po ganto nga po.
    yung notarize ng conditional deed of sale. pwedeng pag nag default payment nalang po siya. para di ka gumastos.
    or pwede ipanotarized na agad then deduct nalang sa loan amount nya yung expense.
    parang sa company namin. lahat ng legal expenses ng car mortgage, nileless sa loan proceeds ni client

sangla ng auto