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Agreement Of Sale Of Motor Vehicle Template for Canada

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Key Requirements PROMPT example:

Agreement Of Sale Of Motor Vehicle

"I need an Agreement Of Sale Of Motor Vehicle for a private sale of my used Toyota Camry to an individual buyer in Ontario, with the sale to be completed by March 15, 2025, including provisions for a 7-day inspection period and payment in two installments."

Document background
The Agreement Of Sale Of Motor Vehicle is a crucial legal document used in Canadian jurisdictions to formalize and document the transfer of ownership of a motor vehicle from seller to buyer. This agreement is essential for both private sales and commercial transactions, incorporating requirements from various federal and provincial regulations including the Motor Vehicle Safety Act, provincial consumer protection laws, and sale of goods legislation. It should be used whenever a motor vehicle is being sold, whether between private individuals, through dealerships, or in commercial fleet transactions. The agreement includes critical information such as vehicle identification details, price, payment terms, warranties, and representations about the vehicle's condition. It serves multiple purposes including documenting the transaction terms, ensuring regulatory compliance, and providing necessary documentation for vehicle registration and insurance purposes.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names and addresses

2. Background: Context of the sale and general purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, and odometer reading

5. Purchase Price and Payment: Total purchase price, payment terms, and method of payment

6. Transfer of Title: Terms regarding the transfer of vehicle ownership and registration

7. Seller's Representations: Seller's warranties about the vehicle's condition, ownership, and liens

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Delivery and Acceptance: Terms of vehicle delivery and formal acceptance by buyer

10. Risk and Insurance: Transfer of risk and insurance responsibilities

11. Governing Law: Applicable provincial law governing the agreement

12. Execution: Signature blocks and date of agreement

Optional Sections

1. Financing Terms: Include when the purchase involves financing arrangements

2. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase

3. Dealer Warranties: Additional warranties provided by dealer (for dealer sales only)

4. As-Is Condition: Special disclaimers for vehicles sold in as-is condition

5. Repairs and Conditions: Any agreed-upon repairs or conditions that must be met before sale completion

6. Cooling-Off Period: Required for dealer sales in provinces with mandatory cooling-off periods

7. Commission: Include if a broker or agent is involved in the sale

Suggested Schedules

1. Schedule A - Vehicle Condition Report: Detailed inspection report of the vehicle's condition

2. Schedule B - Vehicle History Report: CarFax or similar vehicle history report

3. Schedule C - Maintenance Records: Previous maintenance and repair records

4. Schedule D - Financing Agreement: If applicable, details of financing arrangements

5. Schedule E - Trade-in Vehicle Details: If applicable, complete details of trade-in vehicle

6. Schedule F - Bill of Sale: Official bill of sale for registration purposes

7. Schedule G - Warranty Documentation: Details of any applicable warranties or extended coverage

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses






























Relevant Industries

Automotive

Transportation

Fleet Management

Retail

Insurance

Financial Services

Logistics

Car Rental

Corporate Services

Automotive Financing

Relevant Teams

Legal

Sales

Finance

Compliance

Operations

Risk Management

Procurement

Administration

Documentation

Business Development

Relevant Roles

Sales Manager

Finance Manager

Compliance Officer

Legal Counsel

Fleet Manager

Automotive Sales Representative

Business Development Manager

Contract Administrator

Risk Manager

Operations Manager

Dealer Principal

Vehicle Administrator

Corporate Procurement Manager

Documentation Specialist

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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