Quick question regarding Deed of Sale of Motor Vehicle

[machine.pistol]

What if the deed of sale was signed but not yet notarized, let say about more than 6 years. Will it be valid for change of ownership if process in the LTO?

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No notary public in his right mind will notarize that deed. What if at time of notarization (for example, today) the seller is already dead? He cannot notarize that document without incurring criminal and administrative liability.

What can be done is for the seller to surface and acknowledge that the signature on the deed is his. Or better still, if I were the notary, I'd require him to affix his signature one more time.

Problem is if the seller can no longer be located.

[miked]

No notary public in his right mind will notarize that deed. What if at time of notarization (for example, today) the seller is already dead? He cannot notarize that document without incurring criminal and administrative liability.

What can be done is for the seller to surface and acknowledge that the signature on the deed is his. Or better still, if I were the notary, I'd require him to affix his signature one more time.

Problem is if the seller can no longer be located.

ito pa pala ang isa kong problema. yung deed of sale (kung di nagkamali tingin ko) between the original owner represented by a company exec (which is a telecoms company) and the second owner e hindi ata nanotarize. plus etong second owner and the third e walang deed of sale. pero yung deed of sale between the 3rd and 4th is notarized. pero registered naman yung vehicle up to this year (july ata).

bottomline, nakapangalan pa rin sa telecoms company yung or/cr. e yung telecoms na yun e wala na ngayon.

titingin na lang talaga ako ng iba pa.

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No notary public in his right mind will notarize that deed. What if at time of notarization (for example, today) the seller is already dead? He cannot notarize that document without incurring criminal and administrative liability.

What can be done is for the seller to surface and acknowledge that the signature on the deed is his. Or better still, if I were the notary, I'd require him to affix his signature one more time.

Problem is if the seller can no longer be located.

ito pa pala ang isa kong problema. yung deed of sale (kung di nagkamali tingin ko) between the original owner represented by a company exec (which is a telecoms company) and the second owner e hindi ata nanotarize. plus etong second owner and the third e walang deed of sale. pero yung deed of sale between the 3rd and 4th is notarized. pero registered naman yung vehicle up to this year (july ata).

bottomline, nakapangalan pa rin sa telecoms company yung or/cr. e yung telecoms na yun e wala na ngayon.

titingin na lang talaga ako ng iba pa.

[Juan Martinez]

under whose name is the CR/OR? anyhow, hanap ka na lang ng iba. marami pa dyan. mas maganda kung mayron kang nagustuhan, ipa macroetching mo sa pinakamalapit na pnp crime lab.

[machine.pistol]

I'm not teaching you to do this. What I'll tell you is something that really happens. It is patently illegal but sometimes people do get away with it.

Some notaries public (and some who pretend to be notaries public) antedate the notarization of documents for a hefty fee. Some also notarize docs even if the person who signed the docs is not before them.

When you present these improperly notarized docs to LTO, the latter does not verify the docs such as whether the "notary public" is indeed a notary or that the doc was indeed notarized on that date.

I guess if the transaction on the doc is a sale of a motor vehicle which will depreciate over a short period of time, for example, no one would really care. But if it is a piece of land, that would be a different ballgame altogether because one would have to contend with other parties who might be interested in the land and might be minded to investigate how the sale of land or transfer of ownership was effected.

[dr. d]

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so it boils down to, "palakasan ng loob" .. the "i'll take my chances" mentality..
heh heh.

[miked]

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so it boils down to, "palakasan ng loob" .. the "i'll take my chances" mentality..
heh heh.

i'm aware also sa mga diskarte ng notaryo regarding antedating, ginagawan ng paraan para maging luma yung papel gaya ng pagpunas sa konting alikabok, gusot method, etc....

kaso yung mentality kasi na iyan e low probability, high consequence kumbaga.

di bale at least may natututunan sa mga lakaran ng papeles dito sa thread na ito

[miked]

eto mga nakita ko na choices:

Car 1: 1st orig owner, 90k km, add up ako ng P10k sa budget. repainted pero mahusay naman gawa.
Issues: no spare tire, power windows not functional, fuel gauge needle acting like wiper arms
Within my DIY skills to settle them all

Car 2: Ex-company vehicle, broken paper trail, 170k km, cheaper by P30k from my budget
Issues: suspension, steering, injection pump, defective odometer, etc.. pero mahusay naman ang body kahit na repaint na.

Car 3: Private, Open deed of sale, 3rd ownership to date, 150k km, higher by 30k from my budget
Issues: suspension, steering, engine ancillaries/leaks, some interior parts missing,

Car 4: Ex-company, Open deed of sale, 170 km, cheaper by 40k from my budget
Issues: haven't inspected the car pero i suspect too many issues kahit na sinasabi ng may-ari na sasakyan na lang

Car 5: Private, open deed of sale, 150 km, higher by P50k from my budget
Issues: i smell a rat. natamper ata ang odometer from the looks of the interior and engine condition as well as transmission.

Car 6: Private, open deed of sale, 490k km, within my budget.
Issues: within the budget pero andami na tinakbo. not worth it

Car 7: Private, 4th owner, 150k km, cheaper by P40k from my budget
Issues: nangangamoy junkshop na ang katawan.

all other cars, hindi pasok sa budget. at mahirap din makatyempo ng 1st owner with relatively low mileage and minor issues kaya ayun nakipagdeal nako.

so option is obvious, Car 1.

sorry mejo naging car buying online help na itong thread. hehe

[dr. d]

eto mga nakita ko na choices:

Car 1: 1st orig owner, 90k km, add up ako ng P10k sa budget. repainted pero mahusay naman gawa.
Issues: no spare tire, power windows not functional, fuel gauge needle acting like wiper arms
Within my DIY skills to settle them all

Car 2: Ex-company vehicle, broken paper trail, 170k km, cheaper by P30k from my budget
Issues: suspension, steering, injection pump, defective odometer, etc.. pero mahusay naman ang body kahit na repaint na.

Car 3: Private, Open deed of sale, 3rd ownership to date, 150k km, higher by 30k from my budget
Issues: suspension, steering, engine ancillaries/leaks, some interior parts missing,

Car 4: Ex-company, Open deed of sale, 170 km, cheaper by 40k from my budget
Issues: haven't inspected the car pero i suspect too many issues kahit na sinasabi ng may-ari na sasakyan na lang

Car 5: Private, open deed of sale, 150 km, higher by P50k from my budget
Issues: i smell a rat. natamper ata ang odometer from the looks of the interior and engine condition as well as transmission.

Car 6: Private, open deed of sale, 490k km, within my budget.
Issues: within the budget pero andami na tinakbo. not worth it

Car 7: Private, 4th owner, 150k km, cheaper by P40k from my budget
Issues: nangangamoy junkshop na ang katawan.

all other cars, hindi pasok sa budget. at mahirap din makatyempo ng 1st owner with relatively low mileage and minor issues kaya ayun nakipagdeal nako.

so option is obvious, Car 1.

sorry mejo naging car buying online help na itong thread. hehe

if i knew what brands and models are at stake, and their ages, i would be able to give a more "informative" contribution.
offhand, however, i would tend to cross out the ff:
tampered look; with obvious defects; missing parts; non-functioning items; junkyard-like; and questionable ownership paper trail (including open deed of sale, if i do not know these people).

but if "the price is right", i might be persuaded to overlook some items, all except the questionable ownership trail.

what about an ex-taxi? unless you have masochistic tendencies, or you are going to cannibalize it, NO!

[Juan Martinez]

is car 1 also an isuzu pick up between 98 to 2001 model and the mileage is 90k? if so, check if it is not tampered too.

[miked]

is car 1 also an isuzu pick up between 98 to 2001 model and the mileage is 90k? if so, check if it is not tampered too.

yes sir. base sa sabi ng may-ari e ginagamit lang most of its life as a daily drive sa food business nila (bahay to shop just a few kms away) during mornings. sa afternoon e yung other car na nya.

as per my inspection of the engine, malinis. wala ako makitang trace ng pagkutingting sa mga bolts. only a few very minor (para sa akin ha) issues like worn hood cable & power windows not functioning on all 4 (mejo mapapalaban lang naman ako dito siguro).

plus he showed me the original sales invoice and delivery receipt of the vehicle. as well as the owner's manual. di nga lang mahanap yung casa booklet. well, makikita mo naman kung pano inalagaan the way it runs. as well as the quality of exterior and interior.

sa tingin ko naman e yung seller is your typical dad na hindi mahilig magmodify or mag-race ng sasakyan.

cheaper by 50k from the prevailing market price as advertised on the internet. maaaring hindi tamang basehan ito pero eto lang ang pinanghahawakan ko sa ngayon.

i've taken a look also on same year models on toyota hilux & nissan eagle....mitsubishi? tinanggal ko na sa listahan (sorry mitsu pips, no pun intended) dahil mitsu ang ex-truck ko.

Maintenance issues? yung timing belt lang kasi ang ayaw ko na. nagsawa nako kakapalit nun sa truck ko dati. tsaka conventional diesel lang ako para mas madali ang DIY repairs ko kesa CRDI models.

Parts? same same

Performance? in the 1st place, hindi naman ako ricer (hihihi). tsaka lumampas na ang mga araw na mabigat ang kanang paa ko. alam ko naman na makupad umarangkada ang mga isuzu pickups (except turbodiesel fuegos & dmax). mas disente pa rin para sa aking ang fuel economy ng isuzu.

pasensya na talaga, OT na ako sa thread na ito.

[red_one]

*miked: Gawa ka na ng separate thread if you need more advice about choosing and buying used cars. Too OT na...

[rodetor]

Will there be no problem, if open deed of sale. The CR is verified that has no alarm. Already been registered last month.

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[Juan Martinez]

^ I don't see any problem if the MV described in the CR is the same MV described the DS.

[rodetor]

As long as the DS described the MV is the same with the CR. Thorough check with the MV and CR and DS.

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