To whom it may concern;
I have a scenario here wherein I asked a close friend of mine to find and buy me an AUV-XLT that I can used for business. To cut the story short, he was able to find and buy an AUV-XLT for me. But the problem is the owner of the AUV-XLT is the 2nd owner and has no notarized Deed of Sale. He told my friend that he can readily produce the needed Deed of Sale from the original owner. After the transaction transpired they are giving me a Deed of Sale that is named after the 2nd owner without any Deed of Sale between the original and 2nd owner. It was then that made me think that this friend of mine has other interest. He thinks that because he is a close friend of mine and that I don't have knowledge about buying and selling cars that he would make a fool out of me.
Now I learned that the original owner that is named in the OR/CR is already dead making it more complicated and needing an Extrajudicial Settlement with Deed of Sale from the surviving children and wife. Please confirm if I'm right Mam/Sir? Also would need advise on what course of action I can take with the seller/2nd owner so I can force them to bring my money back. I have the OR/CR of the vehicle and a Deed of Sale that the 2nd owner has signed but its not yet notarized.
Lessons learned. Never trust even a closed friend when there is money involved and you are not around.