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Car Sale Receipt Template for Hong Kong

A Car Sale Receipt is a legally binding document used in Hong Kong to record and formalize the transfer of ownership of a motor vehicle from seller to buyer. This document, governed by Hong Kong law including the Sale of Goods Ordinance (Cap. 26) and Road Traffic Ordinance (Cap. 374), serves as official proof of the transaction and includes essential details such as vehicle specifications, party information, purchase price, and transfer terms. It forms a crucial part of the vehicle registration transfer process in Hong Kong and provides legal protection for both parties involved in the transaction.

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What is a Car Sale Receipt?

The Car Sale Receipt is a fundamental document used in Hong Kong for documenting the sale and transfer of ownership of motor vehicles. It serves as both a proof of purchase and a legal record required for vehicle registration transfer with the Hong Kong Transport Department. This document is essential whether the transaction involves private individuals, car dealerships, or commercial entities. The receipt must comply with Hong Kong's legal requirements, including the Sale of Goods Ordinance and Road Traffic Ordinance, and should contain comprehensive details about the vehicle, parties involved, and transaction terms. It's particularly important for protecting both buyers' and sellers' interests by clearly documenting the vehicle's condition, sale price, and transfer of ownership details.

What sections should be included in a Car Sale Receipt?

1. Transaction Details: Date, time, and location of the sale

2. Seller Information: Full name, HKID/passport number, address, and contact details of the seller

3. Buyer Information: Full name, HKID/passport number, address, and contact details of the buyer

4. Vehicle Details: Make, model, year, color, registration number, chassis number, engine number, and odometer reading

5. Transaction Terms: Purchase price, payment method, and confirmation of payment received

6. Vehicle Condition Declaration: Statement of the vehicle's condition at the time of sale and any known defects

7. Ownership Transfer Declaration: Statement confirming the transfer of ownership and that the vehicle is free from encumbrances

8. Signatures: Space for dated signatures of both buyer and seller

What sections are optional to include in a Car Sale Receipt?

1. Warranty Details: Include when the seller is providing any form of warranty or guarantee

2. Outstanding Loans: Include when there are any outstanding loans or financial obligations tied to the vehicle

3. Witness Section: Include when either party requests or requires witness verification of the transaction

4. Additional Items: Include when additional items are included in the sale (spare keys, service records, accessories)

5. Insurance Transfer: Include when there are specific arrangements regarding the transfer of existing insurance

What schedules should be included in a Car Sale Receipt?

1. Vehicle Inspection Report: Detailed report of the vehicle's condition, including photographs

2. Service History: List of maintenance records and previous repairs

3. Vehicle Registration Documents: Copies of current vehicle registration documents

4. Payment Receipt: Detailed receipt of payment including any deposits or installments

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Hong Kong

Document Type

Buy-Sell Agreement

Cost

Free to use

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