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Car Sale Deed Form
"I need a Car Sale Deed Form for selling my personal Toyota Camry to an individual buyer in Mumbai, with the transfer scheduled for March 2025, including standard warranties and a special clause about the existing insurance policy transfer."
1. Parties: Details of the seller and buyer including full names, addresses, age, and contact information
2. Background: Brief context about the vehicle ownership and intention to sell
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Delivery Date', etc.
4. Vehicle Details: Complete description of the vehicle including make, model, year, color, engine number, chassis number, and registration number
5. Sale Consideration: Purchase price, payment terms, and method of payment
6. Seller's Representations and Warranties: Declarations regarding vehicle ownership, no encumbrances, condition of vehicle, and legal right to sell
7. Transfer of Ownership: Terms of ownership transfer and responsibility for registration transfer
8. Delivery: Details of vehicle delivery including date, location, and condition verification process
9. Documentation: List of documents to be handed over including RC book, insurance papers, and service records
10. Compliance Requirements: Obligations regarding RTO transfer, insurance transfer, and other legal requirements
11. Governing Law: Specification of Indian law as governing law and jurisdiction details
1. Loan Settlement: Include when the vehicle has an existing loan that needs to be settled as part of the sale
2. Vehicle Modifications: Details of any modifications made to the vehicle, when applicable
3. Inspection Report: Reference to third-party inspection reports when a professional inspection has been conducted
4. Insurance Transfer: Specific terms for insurance transfer when existing insurance is being transferred to buyer
5. Indemnification: Additional protection clauses for specific risks identified by either party
6. Arbitration: Detailed dispute resolution process when parties want to specify arbitration
7. Extended Warranty: Terms of any extended warranty or guarantee provided by the seller
1. Schedule A - Vehicle Specifications: Detailed technical specifications of the vehicle including all features and accessories
2. Schedule B - Vehicle Condition Report: Detailed report of the current condition including any existing damage or wear
3. Schedule C - Service History: Complete service history and maintenance records of the vehicle
4. Schedule D - Payment Schedule: If payment is in installments, detailed payment schedule with dates and amounts
5. Schedule E - Document Checklist: List of all documents to be transferred with acknowledgment of receipt
6. Appendix 1 - Photographs: Recent photographs of the vehicle showing all angles and any existing damage
7. Appendix 2 - RTO Forms: Copies of relevant RTO forms required for transfer of ownership
Authors
Automotive
Transportation
Financial Services
Insurance
Legal Services
Corporate Services
Retail
Fleet Management
Vehicle Leasing
Public Sector
Legal
Compliance
Operations
Finance
Administration
Risk Management
Sales
Procurement
Documentation
Corporate Secretarial
Legal Counsel
Compliance Officer
Contract Manager
Fleet Manager
Car Dealership Manager
Vehicle Finance Manager
Insurance Agent
RTO Agent
Administrative Officer
Documentation Specialist
Corporate Secretary
Risk Manager
Sales Manager
Purchase Manager
Operations Manager
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