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									<p data-start="372" data-end="879">What if you could transfer a car and its existing loan in one clean, well-structured document? That’s exactly what a <strong data-start="489" data-end="544">deed of sale with assumption of mortgage car sample</strong> helps you do. Whether you’re the seller getting out of a chattel loan or the buyer taking over payments, a clear, lawful paper trail protects both sides. In this guide, you’ll get a plain-English overview, a checklist of clauses, and a downloadable <strong data-start="794" data-end="849">deed of sale with assumption of mortgage car sample</strong> in Word format you can adapt.</p><p data-start="881" data-end="1397">We’ll cover the difference between a <strong data-start="918" data-end="934">deed of sale</strong> (transfer of ownership) and an <strong data-start="966" data-end="992">assumption of mortgage</strong> (taking over the loan), when lender consent is required, what to include for vehicle identification (engine/chassis/plate), and how to register the transfer with your local authority (DMV/LTO). You’ll also find tips for avoiding common pitfalls—like skipping notarization or missing lien releases. If you’re in the Philippines, we include practical notes for LTO transfer and chattel-mortgage annotation.</p><p data-start="881" data-end="1397"><img class="Deed of sale with assumption of mortgage car sample—vehicle transfer and loan assumption document. alignnone wp-image-9260 size-large" title="Deed of sale with assumption of mortgage car sample—vehicle transfer and loan assumption document." src="https://slidepp.net/wp-content/uploads/2025/09/Deed-of-sale-with-assumption-of-mortgage-car-sample-683x1024.webp" alt="Legal document showing a car ownership transfer with loan assumption." width="683" height="1024" /></p><hr data-start="1399" data-end="1402" /><h2 data-start="1404" data-end="1458">The basics: deed of sale vs. assumption of mortgage</h2><h3 data-start="1460" data-end="1509">What is a “deed of sale” for a motor vehicle?</h3><p data-start="1510" data-end="1766">A <strong data-start="1512" data-end="1541">bill of sale/deed of sale</strong> is the instrument that transfers ownership of personal property—such as a car—from seller to buyer. In common-law systems, bills of sale evidence the change of title in goods (movables). <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Bill_of_sale?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+1</span></span></span></a></span></span></p><h3 data-start="1768" data-end="1812">What does “assumption of mortgage” mean?</h3><p data-start="1813" data-end="2269">An <strong data-start="1816" data-end="1842">assumption of mortgage</strong> is when the buyer agrees to take over the existing loan’s terms and balance. For real-estate loans, assumptions are sometimes restricted by due-on-sale clauses; where allowed, the lender often must consent and qualify the new payer. The concept of assumption is well-documented in finance and contract law and—by analogy—helps explain how a buyer may step into the borrower’s obligations. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Mortgage_assumption?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+1</span></span></span></a></span></span></p><h3 data-start="2271" data-end="2305">Why does this matter for cars?</h3><p data-start="2306" data-end="2664">Cars are <strong data-start="2315" data-end="2327">chattels</strong> (movable property). Many car loans are structured as <strong data-start="2381" data-end="2402">chattel mortgages</strong> (a security interest over the vehicle). When selling a financed car, you must deal with that security interest: either pay off and obtain a release, or document a proper assumption supported by lender consent if applicable. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Chattel_mortgage?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+1</span></span></span></a></span></span></p><blockquote data-start="2666" data-end="2902"><p data-start="2668" data-end="2902">Voice search–friendly: <strong data-start="2691" data-end="2739">“How do I sell a car that still has a loan?”</strong><br data-start="2739" data-end="2742" />Answer: Arrange a payoff and lien release, or use a <strong data-start="2796" data-end="2851">deed of sale with assumption of mortgage car sample</strong> with lender consent and clear lender instructions.</p></blockquote><h2 data-start="14782" data-end="14817">Download your editable template</h2><p data-start="14818" data-end="14934">Deed of sale with assumption of mortgage car sample + free Word template, steps, and FAQs for clean title transfer.</p><p data-start="14818" data-end="14934"><span style="font-size: 2em;"><b>ððð<a href="https://slidepp.net/wp-content/uploads/2025/09/118550906-de-ad-.doc" data-original-attrs="{";data-original-href";:";https://drive.google.com/uc?export=download&;id=1WiIfYekY0sHcJguEZQy0KvnPkSlx8HCA";,";target";:";_blank";}">[ð Download]</a></b> </span></p><p data-start="14936" data-end="15009"><em data-start="14936" data-end="15009">Note: Always verify local requirements and lender rules before signing.</em></p><hr data-start="2904" data-end="2907" /><h2 data-start="2909" data-end="2961">Core elements to include (with a quick checklist)</h2><h3 data-start="2963" data-end="2996">Identification &; parties (H2)</h3><p data-start="2997" data-end="3023"><strong data-start="2997" data-end="3023">Must-have details (H3)</strong></p><ul data-start="3024" data-end="3267"><li data-start="3024" data-end="3092"><p data-start="3026" data-end="3092">Full legal names, addresses, and IDs of <strong data-start="3066" data-end="3076">Seller</strong> and <strong data-start="3081" data-end="3090">Buyer</strong></p></li><li data-start="3093" data-end="3138"><p data-start="3095" data-end="3138">Date and place of execution; notary block</p></li><li data-start="3139" data-end="3267"><p data-start="3141" data-end="3267">Vehicle identifiers: make/model/year, color, <strong data-start="3186" data-end="3202">plate number</strong>, <strong data-start="3204" data-end="3218">engine no.</strong>, <strong data-start="3220" data-end="3235">chassis no.</strong>, MV/File number (if applicable)</p></li></ul><p data-start="3269" data-end="3510"><strong data-start="3269" data-end="3287">Why it matters</strong>: Vehicle ID and capacity to contract are foundational to title transfer of goods; documentation supports the later update of the <strong data-start="3417" data-end="3447">vehicle title/registration</strong> at the competent agency. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Vehicle_title?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><h3 data-start="3512" data-end="3545">Consideration &; delivery (H2)</h3><p data-start="3546" data-end="3566"><strong data-start="3546" data-end="3566">Key clauses (H3)</strong></p><ul data-start="3567" data-end="3758"><li data-start="3567" data-end="3632"><p data-start="3569" data-end="3632">Price in words and figures; payment mode (cash/bank transfer)</p></li><li data-start="3633" data-end="3706"><p data-start="3635" data-end="3706">Delivery: date/time, keys, OR/CR (or equivalent), manuals, spare keys</p></li><li data-start="3707" data-end="3758"><p data-start="3709" data-end="3758">Risk &; insurance handover (who insures from when)</p></li></ul><p data-start="3760" data-end="3932"><strong data-start="3760" data-end="3778">Why it matters</strong>: A bill of sale records the exchange of value and transfer of possession/title—critical evidence if disputes arise. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Bill_of_sale?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><h3 data-start="3934" data-end="3982">Assumption of mortgage / lender consent (H2)</h3><p data-start="3983" data-end="4005"><strong data-start="3983" data-end="4005">What to write (H3)</strong></p><ul data-start="4006" data-end="4398"><li data-start="4006" data-end="4082"><p data-start="4008" data-end="4082">Loan details: lender/bank, account number, outstanding balance reference</p></li><li data-start="4083" data-end="4169"><p data-start="4085" data-end="4169">Buyer’s <strong data-start="4093" data-end="4127">express assumption of mortgage</strong> obligations (principal, interest, fees)</p></li><li data-start="4170" data-end="4261"><p data-start="4172" data-end="4261">Condition precedent: <strong data-start="4193" data-end="4245">effective upon lender’s written consent/novation</strong> (if required)</p></li><li data-start="4262" data-end="4328"><p data-start="4264" data-end="4328">Allocation of arrears and penalties (before vs. after signing)</p></li><li data-start="4329" data-end="4398"><p data-start="4331" data-end="4398">Cooperation clause to secure consent and update annotations/records</p></li></ul><p data-start="4400" data-end="4629"><strong data-start="4400" data-end="4418">Why it matters</strong>: Many lenders require consent and a formal release/novation process for an assumption to bind them. Without consent, the seller may remain liable even after a private sale. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Mortgage_assumption?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><h3 data-start="4631" data-end="4673">Liens, encumbrances, and releases (H2)</h3><p data-start="4674" data-end="4690"><strong data-start="4674" data-end="4690">Include (H3)</strong></p><ul data-start="4691" data-end="4956"><li data-start="4691" data-end="4731"><p data-start="4693" data-end="4731">Disclosure of any liens/encumbrances</p></li><li data-start="4732" data-end="4790"><p data-start="4734" data-end="4790">The seller’s warranty of title (no undisclosed claims)</p></li><li data-start="4791" data-end="4889"><p data-start="4793" data-end="4889">Chattel-mortgage <strong data-start="4810" data-end="4821">release</strong> (if loan is paid off) or lender’s written <strong data-start="4864" data-end="4887">assumption approval</strong></p></li><li data-start="4890" data-end="4956"><p data-start="4892" data-end="4956">Post-closing obligations (e.g., submit lien-release to registry)</p></li></ul><p data-start="4958" data-end="5153"><strong data-start="4958" data-end="4976">Why it matters</strong>: A chattel mortgage is a perfected security interest over the vehicle. Releases and correct filings prevent enforcement against the buyer. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Chattel_mortgage?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><hr data-start="5155" data-end="5158" /><h2 data-start="5160" data-end="5200">Step-by-step: how to use the template</h2><ol data-start="5202" data-end="6195"><li data-start="5202" data-end="5448"><p data-start="5205" data-end="5448"><strong data-start="5205" data-end="5230">Confirm lender policy</strong><br data-start="5230" data-end="5233" />Ask the bank if they allow a car-loan assumption. If yes, request the process/requirements and draft your <strong data-start="5342" data-end="5397">deed of sale with assumption of mortgage car sample</strong> accordingly. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://www.investopedia.com/terms/a/assumption_clause.asp?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Investopedia</span></span></span></a></span></span></p></li><li data-start="5449" data-end="5583"><p data-start="5452" data-end="5583"><strong data-start="5452" data-end="5490">Complete the parties/vehicle block</strong><br data-start="5490" data-end="5493" />Copy identifiers from the registration certificate and verify engine/chassis numbers.</p></li><li data-start="5584" data-end="5711"><p data-start="5587" data-end="5711"><strong data-start="5587" data-end="5617">Fill price &; payment terms</strong><br data-start="5617" data-end="5620" />State full price; specify down payment vs. balance, and responsibility for taxes/fees.</p></li><li data-start="5712" data-end="5867"><p data-start="5715" data-end="5867"><strong data-start="5715" data-end="5746">Add the assumption language</strong><br data-start="5746" data-end="5749" />Insert lender’s name, account number, and a clause making the assumption effective upon lender’s written consent.</p></li><li data-start="5868" data-end="5971"><p data-start="5871" data-end="5971"><strong data-start="5871" data-end="5883">Notarize</strong><br data-start="5883" data-end="5886" />Execute before a notary. Keep at least three originals (buyer/seller/authority).</p></li><li data-start="5972" data-end="6195"><p data-start="5975" data-end="6195"><strong data-start="5975" data-end="6000">Register the transfer</strong><br data-start="6000" data-end="6003" />Submit the deed and supporting documents to the DMV/LTO as required to update the title/registration and (where relevant) annotate/cancel the mortgage. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Vehicle_title?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p></li></ol><blockquote data-start="6197" data-end="6431"><p data-start="6199" data-end="6431">Voice search–friendly: <strong data-start="6222" data-end="6274">“Do I need notarization for a car deed of sale?”</strong><br data-start="6274" data-end="6277" />In many jurisdictions, notarization is expected or required to update registration and defend against fraud; always follow your local authority’s rules.</p></blockquote><hr data-start="6433" data-end="6436" /><h2 data-start="6438" data-end="6482">Special focus: Philippines (LTO) pointers</h2><p data-start="6484" data-end="7000">If you’re completing a <strong data-start="6507" data-end="6587">Deed of Sale of motor vehicle with Assumption of Mortgage Sample Philippines</strong>, practice commonly involves notarization and filing with the <strong data-start="6649" data-end="6685">Land Transportation Office (LTO)</strong>, along with the vehicle’s OR/CR and other supporting papers (e.g., PNP-HPG clearance, insurance, emission test). Administrative guidance and practitioner explainers emphasize timely reporting/transfer and, where applicable, the release or annotation of a <strong data-start="6941" data-end="6961">chattel mortgage</strong>. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://lto.gov.ph/wp-content/uploads/2024/09/AO-VDM-2024-046.pdf?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between absolute"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">OneLot</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+5</span></span><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">LTO</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+5</span></span><span class="flex h-4 w-full items-center justify-between absolute"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">RESPICIO &; CO.</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+5</span></span></span></a></span></span></p><blockquote data-start="7002" data-end="7288"><p data-start="7004" data-end="7288">Tip: Some advisories discuss reporting within set timeframes after notarization/signing and maintaining notarized copies for both parties—good habits that help avoid penalties and disputes. Always confirm current LTO rules and branch practices. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://lto.gov.ph/wp-content/uploads/2024/09/AO-VDM-2024-046.pdf?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">LTO</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+1</span></span></span></a></span></span></p></blockquote><hr data-start="7290" data-end="7293" /><h2 data-start="7295" data-end="7339">Clause-by-clause checklist (copy &; adapt)</h2><div class="_tableContainer_1rjym_1"><div class="group _tableWrapper_1rjym_13 flex w-fit flex-col-reverse" tabindex="-1"><table class="w-fit min-w-(--thread-content-width)" data-start="7341" data-end="8228"><thead data-start="7341" data-end="7386"><tr data-start="7341" data-end="7386"><th data-start="7341" data-end="7351" data-col-size="sm">Section</th><th data-start="7351" data-end="7369" data-col-size="md">What to include</th><th data-start="7369" data-end="7386" data-col-size="md">Drafting tips</th></tr></thead><tbody data-start="7401" data-end="8228"><tr data-start="7401" data-end="7512"><td data-start="7401" data-end="7417" data-col-size="sm">Parties &; IDs</td><td data-start="7417" data-end="7459" data-col-size="md">Full names, addresses, ID types/numbers</td><td data-start="7459" data-end="7512" data-col-size="md">Match IDs to signatures; add tax IDs if requested</td></tr><tr data-start="7513" data-end="7619"><td data-start="7513" data-end="7523" data-col-size="sm">Vehicle</td><td data-start="7523" data-end="7585" data-col-size="md">Make/model/year, color, plate, engine, chassis, MV/File no.</td><td data-start="7585" data-end="7619" data-col-size="md">Copy exactly from registration</td></tr><tr data-start="7620" data-end="7724"><td data-start="7620" data-end="7636" data-col-size="sm">Consideration</td><td data-start="7636" data-end="7687" data-col-size="md">Price (words &; figures); payment method/schedule</td><td data-start="7687" data-end="7724" data-col-size="md">Say who pays taxes/fees/insurance</td></tr><tr data-start="7725" data-end="7844"><td data-start="7725" data-end="7738" data-col-size="sm">Assumption</td><td data-start="7738" data-end="7791" data-col-size="md">Lender name &; account; buyer’s assumption; consent</td><td data-start="7791" data-end="7844" data-col-size="md">Make assumption <strong data-start="7809" data-end="7842">conditional on lender consent</strong></td></tr><tr data-start="7845" data-end="7955"><td data-start="7845" data-end="7859" data-col-size="sm">Liens/Title</td><td data-start="7859" data-end="7902" data-col-size="md">Disclose encumbrances; warranty of title</td><td data-start="7902" data-end="7955" data-col-size="md">Attach lien <strong data-start="7916" data-end="7927">release</strong> or consent when available</td></tr><tr data-start="7956" data-end="8052"><td data-start="7956" data-end="7967" data-col-size="sm">Delivery</td><td data-start="7967" data-end="8014" data-col-size="md">Keys, OR/CR (or equivalent), manuals, spares</td><td data-start="8014" data-end="8052" data-col-size="md">State the exact handover date/time</td></tr><tr data-start="8053" data-end="8146"><td data-start="8053" data-end="8068" data-col-size="sm">Registration</td><td data-start="8068" data-end="8109" data-col-size="md">Party responsible for filing; deadline</td><td data-start="8109" data-end="8146" data-col-size="md">Reference DMV/LTO process broadly</td></tr><tr data-start="8147" data-end="8228"><td data-start="8147" data-end="8160" data-col-size="sm">Signatures</td><td data-start="8160" data-end="8197" data-col-size="md">Seller/Buyer; Lender consent block</td><td data-start="8197" data-end="8228" data-col-size="md">Notary acknowledgement text</td></tr></tbody></table></div></div><hr data-start="8230" data-end="8233" /><h2 data-start="8235" data-end="8262">Common mistakes to avoid</h2><ul data-start="8264" data-end="8692"><li data-start="8264" data-end="8353"><p data-start="8266" data-end="8353"><strong data-start="8266" data-end="8291">Skipping notarization</strong>: weakens enforceability and may block registration updates.</p></li><li data-start="8354" data-end="8445"><p data-start="8356" data-end="8445"><strong data-start="8356" data-end="8379">Ignoring the lender</strong>: many institutions must approve any <strong data-start="8416" data-end="8442">assumption of mortgage</strong>.</p></li><li data-start="8446" data-end="8528"><p data-start="8448" data-end="8528"><strong data-start="8448" data-end="8470">Vague vehicle data</strong>: mis-typed engine/chassis numbers stall title transfer.</p></li><li data-start="8529" data-end="8692"><p data-start="8531" data-end="8692"><strong data-start="8531" data-end="8561">No lien release/annotation</strong>: a chattel mortgage can survive the private sale if not properly released or re-annotated. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Chattel_mortgage?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p></li></ul><hr data-start="8694" data-end="8697" /><h2 data-start="8699" data-end="8727">FAQs (voice-search ready)</h2><p data-start="8729" data-end="9031"><strong data-start="8729" data-end="8802">How do I write a deed of sale with assumption of mortgage car sample?</strong><br data-start="8802" data-end="8805" />Use our <strong data-start="8813" data-end="8868">deed of sale with assumption of mortgage car sample</strong> (download below). Include parties, vehicle identifiers, price, the buyer’s assumption of the existing loan, a lender-consent clause, warranties, and notarization.</p><p data-start="9033" data-end="9267"><strong data-start="9033" data-end="9084">Can I assume a car loan without lender consent?</strong><br data-start="9084" data-end="9087" />Often <strong data-start="9093" data-end="9099">no</strong>—many lenders require consent and buyer qualification before recognizing an assumption. Otherwise, the seller may remain liable. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Mortgage_assumption?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><p data-start="9269" data-end="9552"><strong data-start="9269" data-end="9324">What documents do I need to transfer vehicle title?</strong><br data-start="9324" data-end="9327" />Generally: notarized deed/bill of sale, proof of ID, existing registration/title documents, and lien release or lender consent if the car is financed. Agency rules vary by jurisdiction. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Vehicle_title?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><p data-start="9554" data-end="9767"><strong data-start="9554" data-end="9585">What is a chattel mortgage?</strong><br data-start="9585" data-end="9588" />A security interest over movable property (like cars) that secures repayment of a loan. It must be properly released/annotated at transfer. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Chattel_mortgage?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p><hr data-start="9769" data-end="9772" /><h2 data-start="9774" data-end="9813">Download: Word template you can edit</h2><ul data-start="9815" data-end="10118"><li data-start="9815" data-end="10118"><p data-start="9817" data-end="10118"><span class="" data-state="closed"><a class="cursor-pointer" data-start="9817" data-end="9933"><strong data-start="9818" data-end="9856">Download the Word template (.docx)</strong></a></span><br data-start="9933" data-end="9936" />Use this as your <strong data-start="9955" data-end="10006">Deed of Sale with Assumption of Mortgage Sample</strong>. Replace bracketed text, add your local law/venue, and confirm your lender/DMV/LTO requirements before signing.</p></li></ul><blockquote data-start="10120" data-end="10284"><p data-start="10122" data-end="10284"><strong data-start="10122" data-end="10135">Important</strong>: This template is educational, not legal advice. Laws and agency rules change. Consult a qualified professional in your jurisdiction for compliance.</p></blockquote><hr data-start="10286" data-end="10289" /><h2 data-start="10291" data-end="10333">Helpful references (factual background)</h2><ul data-start="10335" data-end="10877"><li data-start="10335" data-end="10417"><p data-start="10337" data-end="10417"><strong data-start="10337" data-end="10353">Bill of sale</strong> overview and purpose. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Bill_of_sale?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p></li><li data-start="10418" data-end="10542"><p data-start="10420" data-end="10542"><strong data-start="10420" data-end="10443">Mortgage assumption</strong>—consent and due-on-sale context (conceptual background). <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Mortgage_assumption?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+1</span></span></span></a></span></span></p></li><li data-start="10543" data-end="10636"><p data-start="10545" data-end="10636"><strong data-start="10545" data-end="10575">Vehicle title/registration</strong> transfer concepts. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Vehicle_title?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p></li><li data-start="10637" data-end="10727"><p data-start="10639" data-end="10727"><strong data-start="10639" data-end="10659">Chattel mortgage</strong> (security over movables). <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://en.wikipedia.org/wiki/Chattel_mortgage?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between overflow-hidden"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">Wikipédia</span></span></span></a></span></span></p></li><li data-start="10728" data-end="10877"><p data-start="10730" data-end="10877">(PH) LTO administrative guidance and practitioner explainers on deed of sale, timing, and documentary sets. <span class="" data-state="closed"><span class="ms-1 inline-flex max-w-full items-center relative top-[-0.094rem] animate-[show_150ms_ease-in]" data-testid="webpage-citation-pill"><a class="flex h-4.5 overflow-hidden rounded-xl px-2 text-[9px] font-medium transition-colors duration-150 ease-in-out text-token-text-secondary! bg-[#F4F4F4]! dark:bg-[#303030]!" href="https://lto.gov.ph/wp-content/uploads/2024/09/AO-VDM-2024-046.pdf?utm_source=chatgpt.com" target="_blank" rel="noopener"><span class="relative start-0 bottom-0 flex h-full w-full items-center"><span class="flex h-4 w-full items-center justify-between"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">LTO</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+2</span></span><span class="flex h-4 w-full items-center justify-between absolute"><span class="max-w-[15ch] grow truncate overflow-hidden text-center">RESPICIO &; CO.</span><span class="-me-1 flex h-full items-center rounded-full px-1 text-[#8F8F8F]">+2</span></span></span></a></span></span></p></li></ul><hr data-start="10879" data-end="10882" /><h2 data-start="10884" data-end="10897">Conclusion</h2><p data-start="10899" data-end="11431">A clean, comprehensive <strong data-start="10922" data-end="10977">deed of sale with assumption of mortgage car sample</strong> protects buyers, sellers, and lenders. Start with a precise vehicle description and a clear purchase price. Make the <strong data-start="11095" data-end="11121">assumption of mortgage</strong> explicit and—where required—<strong data-start="11150" data-end="11183">conditional on lender consent</strong>. Notarize the instrument, keep multiple originals, and promptly file the transfer with your local authority (DMV/LTO). Mind lien releases or proper annotations if a chattel mortgage exists, and update insurance as soon as possession changes hands.</p><p data-start="11433" data-end="11830">Ready to finalize your paperwork? <strong data-start="11467" data-end="11497">Download the Word template</strong>, customize it with your data, and follow the checklist above. If your case involves special circumstances (company seller, cross-border buyer, unusual payment structures), ask a licensed professional to review before you sign. Share this guide with anyone selling a financed vehicle—good documentation saves time, money, and stress.</p><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div><div class="host-lopnbnfpjmgpbppclhclehhgafnifija" style="position: relative; z-index: 2147483647;"> </div>								</div>
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Deed of sale with assumption of mortgage car sample
