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The Vehicle Sales and Purchase Agreement serves as a crucial legal instrument in Indonesian vehicle transactions, designed to protect both buyers' and sellers' interests while ensuring compliance with local regulations. This document is essential when transferring vehicle ownership in Indonesia, whether between private individuals, through dealerships, or in commercial fleet transactions. It incorporates requirements from the Indonesian Civil Code, Law No. 8 of 1999 on Consumer Protection, and Law No. 22 of 2009 on Traffic and Road Transportation. The agreement typically includes comprehensive details about the vehicle, payment terms, warranties, and the specific procedures required for transferring vehicle ownership under Indonesian law. It's particularly important given Indonesia's strict requirements for vehicle registration transfers and the need to document all aspects of the transaction for legal and tax purposes.

1. Parties: Identification and details of the Seller and Buyer, including complete legal names, addresses, and identification numbers

2. Background: Context of the transaction and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, engine number, chassis number, and registration number

5. Purchase Price: The agreed purchase price and payment terms, including deposit requirements and final payment arrangements

6. Transfer of Ownership: Terms and process for transferring vehicle ownership, including documentation requirements and timing

7. Seller's Representations and Warranties: Seller's declarations regarding vehicle condition, ownership, and absence of encumbrances

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

9. Completion Requirements: Actions required by both parties to complete the transaction, including documentation and registration requirements

10. Risk and Insurance: Transfer of risk and insurance requirements during the transition period

11. Tax Obligations: Responsibility for various taxes and fees related to the transaction

12. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

13. Dispute Resolution: Process for resolving any disputes arising from the agreement

14. Notices: Method and addresses for formal communications between parties

15. Signing: Execution clause and signature blocks