How to transfer the ownership of a privately owned vehicle in the Philippines
Transferring the ownership of a motor vehicle was a frustrating experience for me. This was because I was not thoroughly familiar with the requirements and the process. I would like to share how I should have done it so that other first-timers will have a more streamlined and pleasant experience. The procedure described below applies to the case where a privately owned motor vehicle is sold by its owner to a buyer. If your case is different, please look for the applicable procedure on web site of the Land Transportation Office: http://www.lto.gov.ph/motor-vehicle-registration/307-transactions-requiring-change-of-certificate-of-registration.html If the seller has just completed all of his mortgage payments, the car needs to be released from its chattel mortgage before it can be sold. Please read this article: What to Do Next After Paying Off Your Car Loan . Let’s begin with some preliminary notes: a) The seller should take the lead in this process. He should see to it that...