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1. Parties: Identifies and defines the Seller and Buyer with their full legal names, identification numbers, and addresses
2. Background: Brief context of the transaction, identifying the vehicle being sold and the parties' intention to enter into the sale agreement
3. Definitions: Defines key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Sale and Purchase: Core agreement clause stating the seller's agreement to sell and the buyer's agreement to purchase the vehicle
5. Purchase Price: Specifies the agreed purchase price and payment terms, including any deposits and balance payment arrangements
6. Completion: Details of the completion process, including timing, location, and requirements for transfer of possession
7. Seller's Warranties: Warranties regarding vehicle ownership, condition, roadworthiness, and absence of encumbrances
8. Vehicle Registration and Transfer: Requirements and process for transferring vehicle registration and ownership documents
9. Taxes and Costs: Allocation of responsibility for various costs including registration fees, road tax, and transfer fees
10. Termination: Circumstances under which the agreement may be terminated and the consequences of termination
11. Governing Law: Specifies that Malaysian law governs the agreement and interpretation
12. Execution: Signature blocks and execution requirements for both parties
1. Condition Precedents: Used when there are specific conditions that must be met before completion, such as vehicle inspection or loan approval
2. Vehicle Inspection: Detailed when there's a need for pre-completion inspection requirements and procedures
3. Insurance: Added when specific insurance arrangements need to be made as part of the sale process
4. Deposit Protection: Include when there are specific terms regarding the protection and potential refund of deposits
5. Third Party Rights: Required when there are financial institutions or other third parties with interests in the vehicle
6. Dispute Resolution: Added when parties want to specify particular dispute resolution mechanisms beyond court jurisdiction
1. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, registration number
2. Vehicle Condition Report: Detailed report of the vehicle's condition at the time of sale, including any known defects or damage
3. Payment Schedule: If payment is to be made in installments, details the payment dates and amounts
4. List of Accessories: Itemized list of additional accessories or modifications included in the sale
5. Required Documents: Checklist of all documents required for the transfer of ownership
Automotive
Retail
Transportation
Financial Services
Insurance
Vehicle Leasing
Legal
Sales
Compliance
Operations
Finance
Risk Management
Business Development
Administrative
Contract Management
Sales Manager
Legal Counsel
Automotive Dealer
Finance Manager
Vehicle Fleet Manager
Compliance Officer
Contract Administrator
Business Development Manager
Operations Manager
Vehicle Sales Representative
Legal Assistant
Risk Management Officer
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