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The Private Car Sale Contract With Monthly Payments is essential for UAE-based transactions where a vehicle is sold through installment payments rather than a single lump sum. This document is commonly used between private parties or between dealerships and individuals when traditional vehicle financing through a bank is not the preferred option. It provides legal protection for both parties by clearly defining payment obligations, ownership rights, and default remedies in accordance with UAE Federal Laws, including the Civil Code and Consumer Protection Law. The contract typically includes comprehensive vehicle details, payment schedules, maintenance requirements, and insurance obligations, making it suitable for both new and used vehicle sales. This agreement type is particularly relevant in the UAE market where private vehicle sales with payment plans are common practice and require careful consideration of local legal requirements and Sharia law principles regarding financial transactions.

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details

2. Background: Brief context of the sale agreement and the parties' intention to enter into an installment-based purchase arrangement

3. Definitions: Definitions of key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Installment Payment', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and current mileage

5. Purchase Price and Payment Terms: Total purchase price, down payment amount, monthly installment amounts, payment dates, and payment method

6. Transfer of Ownership: Conditions for and timing of ownership transfer, including registration requirements and documentation

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

8. Buyer's Obligations: Buyer's responsibilities including timely payments, insurance maintenance, and vehicle maintenance

9. Default and Remedies: Consequences of payment default, repossession rights, and other remedies

10. Vehicle Maintenance and Use: Requirements for vehicle maintenance during the payment period and acceptable use conditions

11. Insurance Requirements: Mandatory insurance coverage requirements during the payment period

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant emirate courts for dispute resolution