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Vehicle Sell Agreement
I need a Vehicle Sale Agreement for selling my Toyota Land Cruiser to a private buyer in Dubai, with payment to be made in three installments over January-March 2025, including provisions for retaining the registration until final payment.
1. Parties: Identification and details of the Seller and Buyer, including full legal names, Emirates ID numbers, and contact information
2. Background: Brief context of the sale transaction and confirmation of the Seller's ownership of the vehicle
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Vehicle Details: Complete description of the vehicle including make, model, year, color, chassis number, engine number, and registration details
5. Sale and Purchase: Core terms of the sale including purchase price, payment terms, and transfer of ownership
6. Seller's Representations and Warranties: Seller's confirmations regarding vehicle ownership, condition, and absence of encumbrances
7. Completion: Process and requirements for completing the sale, including registration transfer procedures
8. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Vehicle Condition Report: Detailed section describing the current condition of the vehicle, typically used for used vehicles or when specific defects need to be documented
2. Payment in Installments: Section detailing installment payment structure, applicable when the purchase price is not paid as a single payment
3. Bank Finance: Provisions relating to bank financing arrangements, used when the buyer is obtaining bank financing
4. Trade-in Provisions: Details of any vehicle trade-in arrangement, including the trade-in value and condition
5. Warranty Terms: Additional warranty terms, typically used for dealer sales or when specific warranties are being provided
6. Post-Sale Services: Any after-sale services or maintenance agreements, common in dealer sales
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle
2. Schedule 2 - Vehicle Inspection Report: Recent inspection report or condition assessment from authorized agency
3. Schedule 3 - Payment Schedule: Detailed payment terms and schedule if involving installments
4. Schedule 4 - Required Documents: List of documents required for transfer of ownership
5. Appendix A - Photographs: Recent photographs of the vehicle showing its current condition
6. Appendix B - Service History: Vehicle's service and maintenance history records
Authors
Automotive
Transportation
Retail
Financial Services
Insurance
Fleet Management
Logistics
Vehicle Leasing
Legal
Sales
Finance
Compliance
Operations
Administrative
Risk Management
Customer Service
Business Development
Vehicle Registration
Legal Counsel
Contract Manager
Fleet Manager
Sales Manager
Automotive Sales Executive
Finance Manager
Compliance Officer
Vehicle Registration Officer
Insurance Coordinator
Business Development Manager
Operations Manager
Administrative Officer
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