KNOWN ALL MEN BY THESE PRESENTS:

This agreement made and executed by and between:

____________________________________, of legal age, single/married, Filipino with residence and postal address at ______________________________________, hereinafter referred to as VENDOR,

• And   -

____________________________________, of legal age, single/married, Filipino with residence and postal address at ______________________________________, hereinafter referred to as VENDEE,

WITNESSETH:

That the VENDOR is the lawful and registered owner of a motor vehicle, more particularly described as follows:

That for and in consideration of the sum of _____________________________________________, Philippine currency, receipt of which in full is hereby acknowledged, THE VENDOR, by virtue of this presents, do hereby SELLS, CEDES, and TRANSFERS the above-described motor vehicle unto the VENDEE, his heirs, assigns and successors-in-interest;

That I further declare that the above-described motor vehicle is free from liens and/or encumbrances and shall defend its ownership from any/all claim/claims whatsoever.

IN WITNESS WHEREOF, we have hereunto set our signatures this ____________________________ at ___________________________________.

_______________________________ _______________________________

    VENDOR     VENDEE

ID. : _______________________ ID. : _______________________

ID NO.: ____________________ ID NO.: ____________________

Date Issued: ______________ Date Issued: ______________

Signed in the presence of:

_______________________________ _______________________________

ACKNOWLEDGEMENT

Republic of the Philippines )

_______________________________) S.S.

_______________________________)

BEFORE ME, appeared this _____________________________________________.

Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Doc No. ______;

Page No. ______;

Book No.______;

Series of ______;