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Car Sold As Is Contract
"I need a Car Sold As Is Contract for selling my 2020 Toyota Camry to a private buyer in Jakarta, with emphasis on documenting existing minor body damage and the fact that the car has been in a minor accident, with the sale to be completed by March 15, 2025."
1. Parties: Identification of the seller and buyer with complete legal names, addresses, and identification numbers as required by Indonesian law
2. Background: Context of the sale, including brief history of the vehicle ownership and intention to sell/buy 'as is'
3. Definitions: Key terms used in the agreement, including 'as is', 'current condition', and other relevant technical terms
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, license plate number, and current odometer reading
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. As Is Condition and Disclaimers: Explicit statement that the vehicle is sold 'as is', with detailed disclaimers and buyer acknowledgments of the vehicle's current condition
7. Seller's Representations: Basic representations about vehicle ownership, authority to sell, and absence of liens
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection, understanding of 'as is' nature, and acceptance of condition
9. Transfer of Ownership: Process and obligations for transferring vehicle ownership, including documentation requirements
10. Governing Law: Specification that Indonesian law governs the agreement
11. Execution: Signature blocks and execution requirements
1. Inspection Period: Optional section allowing buyer a specific period to inspect the vehicle, used when immediate transfer isn't possible
2. Third-Party Mechanic Review: Terms for allowing a professional inspection before sale completion, if agreed by parties
3. Payment in Installments: Include when the purchase price will be paid in multiple installments rather than a single payment
4. Security Interest: Include when seller maintains any security interest in the vehicle pending full payment
5. Arbitration: Optional dispute resolution mechanism, if parties prefer arbitration over court proceedings
1. Schedule A - Vehicle Condition Report: Detailed report of vehicle's current condition, including known defects, damage, and maintenance history
2. Schedule B - Vehicle Documents: List of all documents being transferred with the vehicle (registration, maintenance records, previous insurance claims)
3. Schedule C - Photographs: Dated photographs showing current condition of vehicle, including any damage or defects
4. Schedule D - Test Results: Results of any vehicle tests or inspections conducted prior to sale
5. Appendix 1 - Handover Checklist: List of items to be checked and confirmed during physical transfer of the vehicle
Authors
Automotive
Transportation
Retail
Fleet Management
Vehicle Leasing
Automotive Finance
Insurance
Vehicle Trading
Used Car Sales
Legal
Sales
Operations
Compliance
Risk Management
Fleet Operations
Contract Administration
Vehicle Inspection
Documentation
Sales Manager
Fleet Manager
Car Dealer
Legal Counsel
Compliance Officer
Auto Broker
Vehicle Inspector
Business Owner
Operations Manager
Contract Administrator
Risk Manager
Used Car Manager
Vehicle Fleet Coordinator
Automotive Sales Executive
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