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The Auto Sale Contract With Payments is a specialized agreement designed for use in the United Arab Emirates, facilitating vehicle sales transactions where the purchase price is paid in installments rather than as a lump sum. This document is essential for automotive dealerships, private sellers, and buyers engaging in financed vehicle purchases within the UAE. It incorporates all necessary elements required by UAE Federal Laws, including the Civil Code, Commercial Transactions Law, and Traffic Law. The contract addresses crucial aspects such as vehicle ownership transfer, payment security, default remedies, and registration requirements specific to the UAE market. It's particularly suitable for both commercial and private vehicle sales where structured payments are involved, providing comprehensive protection for all parties while ensuring regulatory compliance.

1. Parties: Identification of seller and buyer with full legal names, addresses, and Emirates ID/trade license numbers

2. Background: Context of the sale including seller's ownership/right to sell and buyer's intention to purchase

3. Definitions: Key terms used throughout the agreement including Vehicle, Purchase Price, Payment Schedule, and Delivery Date

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, mileage, and condition

5. Purchase Price and Payment Terms: Total purchase price, payment schedule, installment amounts, and payment methods

6. Title Transfer and Registration: Process and obligations for transferring vehicle ownership and registration under UAE traffic laws

7. Delivery and Acceptance: Terms of vehicle delivery, inspection procedures, and acceptance conditions

8. Seller's Warranties and Representations: Warranties regarding vehicle condition, ownership, and absence of encumbrances

9. Buyer's Obligations: Responsibilities including timely payments, maintenance requirements, and insurance obligations

10. Default and Remedies: Consequences of payment default and available legal remedies

11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes