Quote Originally Posted by dr. d View Post
from what i understand,
4.1 + 4.2 = 4.3 .
pinaghatian nang seller and buyer, yung 40K.
btw, where did they get that 40K figure from?

but i agree,
that is not the way to pen rules. where folks have to imaginate, extrapolate or interpolate, what they mean.
dapat malinaw para sa lahat.

so, if i-the-seller disclose my sale of yon car by giving LTO a copy of my deed of sale to xxx buyer, am i now automatically not liable for whatever damages that car will inflict on humankind? or do i have to present my documents to them everytime that car figures in a fender-bender or other ownership-sensitive issue? because if that is the forthcoming scenario, why go thru the rigmarole for the seller in the first place?
IKR? We should not put up with mediocrity specially when an excessive penalty is being imposed.

No, the seller, by disclosing the sale/transfer to LTO does not absolve the seller of liability. According to the AO, the registered owner (seller) is still liable for whatever damages that car will inflict on humankind. And you ask, then what for? The seller acts as a snitch for LTO to be able to fine the buyer.