Help! change of ownership question

[carli]

I'm planning to buy a second hand honda civic, the problem is that the seller did not transfer the civic to their name. All they have is a signed deed of sale from the first owner selling the car to them.

My question is: when i'll transfer the civic to my name, will LTO recognize their old deed of sale? I'll be submitting 2 deed of sales? Is this the correct procedure? thanks in advance

[swordsman]

that's not a problem. the LTO will recognize that, it happens all the time. you'll have 2 deed of sale. as long as you have the notarized deed of sale and the papers are all okay. make sure you have a copy of id of the previous owner(1st owner).

[carli]

ah ok! thanks for the information sir swordsman...

[10323015]

ah ok! thanks for the information sir swordsman...

hep hep... bago mo bilhin, bigyan mo na lang ng mga 5k (higher or lower depending on the selling price) yung seller para sa transfer of ownership, along with your

name
age
address
civil status

ang sakit sa ulo mag transfer ng ownership, kahit pulido 100% malinis yung kotse, pasasakitin pa din ulo mo.

i-indicate mo na lang sa deed of sale ninyong dalawa yung storya na ikaw nagbayad ng post sale expenses (transfer of ownership, renewal of registration etc.)

good luck!

[leonleon]

hep hep...
ang sakit sa ulo mag transfer ng ownership, kahit pulido 100% malinis yung kotse, pasasakitin pa din ulo mo.

good luck!

Agree, sobrang sakit ng ulo yan. Lalo na kung ngayong Disyembre mo gagawin. Siyempre, expect ng mga tao sa LTO me dagdag sa mga bulsa nila para pamasko. At pag matiyempuhan ka, yung mga pi-pirma para sa release ng bagong CR eh naka bakasyon / leave na at next year na ang balik. Tiyak, mabibinbin lang yung mga papeles mo at pabalik balik ka sa LTO.

And you will really need the current ID or ID's of the current registered owner. Di puwede yung ID na "expired" na. Kaya yung iba dyan, gumagawa ng fake ID's para lang malipat agad without hassle.

In the end, pera - pera pa rin.

[leonleon]

hep hep... bago mo bilhin, bigyan mo na lang ng mga 5k (higher or lower depending on the selling price) yung seller para sa transfer of ownership,!

Parang mataas sobra yung 5k. Last year pinalakad ko, PHP 3,500.00 ang lahat nagastos ko. Kasama na doon pampadulas, pang meryenda, pamasko, at fake ID's of the current registered owner (di na kasi mahagilap iyong tao, nag-abroad na eh yung zerox ng driver's license niya eh tiyempo expired na at napansin ng mga tao sa LTO).

Para makatipid ka sa gastos, mas maganda kung isasabay mo sa annual registration yung transfer of ownership. HTH.

[kenshinx]

1. Its OK to transfer the ownership of the car with 2 deeds of sale. You just have to pay for the penalty for the the older deed of sale dahil may duration lang ang ito (I'm not sure pero baka 3 months lang). Just make sure na doon sa deed of sale ay may photocopies ng ID's of both the seller and the buyer

2. leonleon is correct, pwede mo isabay yung transfer of ownership sa renewal. I paid 2k dun sa naglakad ng papers ko. transfer of ownership kasi has 2 parts. PNP for clearance (to determine kung carnap yan) and LTO.
Whats good kasi with paying somebody is you don't have to bring the car (kung well connected yug taga lakaf=d mo )

[10323015]

Parang mataas sobra yung 5k. Last year pinalakad ko, PHP 3,500.00 ang lahat nagastos ko. Kasama na doon pampadulas, pang meryenda, pamasko, at fake ID's of the current registered owner (di na kasi mahagilap iyong tao, nag-abroad na eh yung zerox ng driver's license niya eh tiyempo expired na at napansin ng mga tao sa LTO).

Para makatipid ka sa gastos, mas maganda kung isasabay mo sa annual registration yung transfer of ownership. HTH.

baka di pa kasama sa rate mo yung notarial fee ng deed of sale. yun yung primarily nagpamahal eh. 0.5% of selling price.. kaya kung 500k kayo nagkasara, malinaw na 2500 yun.

take note, eto na yung pinaka mura ko na alam na going rate, unless me kabarkada o kakilala kang abogado.. minsan pa nga, garapalan sa lto, sasabihin sayo 1%...

ang end of story, magastos na, sakit pa sa ulo...

[wranglerboy]

bakit ganon? sabi sa article ni jose sison "a law each day" sa philstar eh liable ang registered owner kahit nabenta na ito sa iba in case maka-aksidente 'yung sasakyan... any comments/experience...wlang binanggit na deed of sale sa article...what d'you think guys?

eto po link: http://www.philstar.com/Article.aspx...bCategoryId=64

[jlaw888]

hep hep... bago mo bilhin, bigyan mo na lang ng mga 5k (higher or lower depending on the selling price) yung seller para sa transfer of ownership, along with your

name
age
address
civil status

ang sakit sa ulo mag transfer ng ownership, kahit pulido 100% malinis yung kotse, pasasakitin pa din ulo mo.

i-indicate mo na lang sa deed of sale ninyong dalawa yung storya na ikaw nagbayad ng post sale expenses (transfer of ownership, renewal of registration etc.)good luck!

i also am in this predicament. bale, yung previous owner is i keep in touch pa naman. and he even told me nga na for 5k e sya na din magaayos ng transfer to my name.

so how do i go about it po? nasa akin na ang orig OR/CR etc..ayoko namang ibigay pa to sa kanya.

gusto ko palakad na din sa kanya at 5k. so eto lang ba bibigay ko muna sa kanya?:

name
age
address
civil status

as in no papers involved? how about yung sa chattel?

[ans_lim168]

i also am in this predicament. bale, yung previous owner is i keep in touch pa naman. and he even told me nga na for 5k e sya na din magaayos ng transfer to my name.

so how do i go about it po? nasa akin na ang orig OR/CR etc..ayoko namang ibigay pa to sa kanya.

gusto ko palakad na din sa kanya at 5k. so eto lang ba bibigay ko muna sa kanya?:

name
age
address
civil status

as in no papers involved? how about yung sa chattel?

Is your unit under chattel mortgage?...so under financing na acquire ng 1st owner yun unit?...If it's the case you have to cancel the chattel mortgage first where this is executed (usually indicated in the mortgage, sa registry of deeds) if it's canceled already then you may apply for the PNP clearance, after this then LTO office where the CR is registered...just be sure your deed of sales and ID's of vendor and vendee plus CTPL are in place.

For 5K that's way to much to have him process your documents, if I were you I'd personally run the procedure, these are legal documents and I would not want to trust a stranger handling this. HTH and good luck.

[MT5]

Mga boss, I have a related question. Bibili rin kasi ako ng 2nd hand car, at ako ang magiging 3rd owner. Sabi ng current owner (2nd owner ng kotse), nakapangalan pa sa 1st owner ang OR/CR, pero may Deed Of Sale naman daw. Ang mangyayari pag bili ko sa kanya, gagawa lang din kami ng Deed Of Sale at ako na daw bahala magpabago ng OR/CR. Nabasa ko sa thread na sakit yun ng ulo. Anu-ano bang hassle ang dapat ko i-expect? Kung di ko ba patransfer yung OR/CR sa pangalan ko, at hawak ko naman ang 2 Deeds Of Sale, may kaso po ba? Pag oras na ba ng annual registration, maha-hassle ba ako pag di nakapangalan ang OR/CR sa akin?

TIA sa inyo.