The Car Sales Agreement Contract is a vital legal instrument used in Hong Kong for documenting the sale and purchase of motor vehicles. This document is essential for both private sales and commercial transactions, ensuring compliance with Hong Kong's legal framework, particularly the Sale of Goods Ordinance (Cap. 26) and Road Traffic Ordinance (Cap. 374). It should be used whenever a vehicle ownership transfer occurs, whether between private individuals, through dealerships, or in commercial fleet transactions. The agreement includes crucial details such as vehicle specifications, warranty terms, payment conditions, and ownership transfer procedures, while incorporating necessary consumer protections and regulatory requirements specific to Hong Kong's automotive market.
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1. Parties: Identification of the seller and buyer with full legal names and addresses
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including the vehicle description and purchase price
5. Payment Terms: Details of the purchase price, payment method, and payment schedule
6. Vehicle Condition and Inspection: Description of the vehicle's condition and confirmation of buyer's inspection rights
7. Warranties and Representations: Seller's warranties regarding vehicle condition, ownership, and encumbrances
8. Transfer of Ownership: Process and timing of ownership transfer and registration
9. Delivery: Terms and conditions for vehicle delivery or collection
10. Risk and Insurance: Transfer of risk and insurance requirements
11. Seller's Obligations: Detailed list of seller's responsibilities including documentation
12. Buyer's Obligations: Detailed list of buyer's responsibilities including payment and registration
13. Default and Termination: Consequences of breach and termination provisions
14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
15. Execution: Signature blocks and execution details
1. Trade-in Vehicle: Details of any vehicle being traded in as part of the purchase - include when there is a trade-in arrangement
2. Financing Terms: Specific financing arrangements if the purchase is not entirely cash - include when seller provides financing
3. Extended Warranty: Terms of any extended warranty or service package - include when additional warranty is offered
4. Commission: Details of any broker or agent commission - include when a broker is involved
5. Import/Export Requirements: Special requirements for imported vehicles or exports - include for non-local vehicles
6. Modifications: Details of any agreed modifications to be made before delivery - include when modifications are part of the deal
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle including make, model, year, VIN, etc.
2. Schedule 2 - Vehicle Condition Report: Comprehensive report on the vehicle's condition including any existing damage or defects
3. Schedule 3 - Included Items and Accessories: List of all items and accessories included in the sale
4. Schedule 4 - Required Documentation: List of all documents required for the transfer of ownership
5. Schedule 5 - Payment Schedule: Detailed breakdown of payment terms if not a single payment
6. Appendix A - Vehicle History: Vehicle service history, previous ownership, and maintenance records
7. Appendix B - Photographs: Dated photographs of the vehicle documenting its condition at sale
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