I'm selling my car. The problem is encumbered pa yung CR. I already have the cancellation of chattel mortgage. My question is dapat ba ako pa rin mag-ayos ng pagpapatanggal ng encumbered? Alam ko kasi pede yung buyer na yung gagawa nun plus change of owner na rin.

Then I have a potential buyer who's trying to convince me na lakarin ko yung encumbrance since malaki raw gastos dun. How much will cost me if ever? Thanks.