| Annotation Of Mortgage And Other Liens And Encumbrances |
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Documents Required
1. Original Certificate of Registration (CR) and latest original Official Receipt (OR) of payment
2. Chattel Mortgage Contract duly annotated by the Registry of Deeds
3. Official Receipt (OR) of payment of the annotation with Registry of Deeds
4. Motor Vehicle Inspection Report (MVIR) [Download this form here]
5. Confirmation of CR/OR (CIR-91-137) if issued by other LTO Agency
6. Taxpayer's Identification Number (TIN)
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| Motor Vehicles With Restraint And Levy |
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Documents Required
1. Decision / Order of the Court to hold all transactions except renewal registration
2. Notice of Levy
3. Taxpayer's Identification Number (TIN)
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| Cancellation Of Mortgage Or Other Liens And Encumbrances |
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Documents Required
1. Original Certificate of Registration (CR) and latest original Official Receipt (OR) of payment
2. Release of Chattel Mortgage Contract duly cancelled by the Registry of Deeds
3. Official Receipt (OR) of payment of release with the Registry of Deeds
4. Actual inspection of MV with duly accomplished MVIR [Download this form here]
5. Confirmation of CR/OR (CIR-91-137) if issued by other LTO Agency
6. Taxpayer's Identification Number (TIN)
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| When The Financing Company (Mortgagee) No Longer Exists And Release Mortgage Contract Is Missing |
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Documents Required
1. Original Certificate of Registration (CR) and latest original Official Receipt (OR) of payment
2. Affidavit of Undertaking executed by the registered Owner stating, among other things, the following:
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- that the account has been fully paid
- that the Release Mortgage Contract was lost and could no longer be found despite diligent efforts
- that the Affiant is willing to be held liable in case the lien still exists
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3. Certification from the Securities and Exchange Commission stating that the financing company is no longer in existence
4. Surety Bond equivalent to the fair market value of the motor vehicle for one year
5. Confirmation of CR/OR (CIR-91-137) if issued by other LTO Agency
6. Taxpayer's Identification Number (TIN)
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