The Private Car Sale Contract is a crucial legal document used in Malaysia for the transfer of vehicle ownership between private parties. This document is essential when an individual wishes to sell their vehicle to another private party, ensuring the transaction complies with Malaysian law, particularly the Road Transport Act 1987 and related regulations. The contract covers vital aspects including vehicle details, purchase price, payment terms, warranties, and transfer procedures with the Road Transport Department (JPJ). It's designed to protect both parties' interests by clearly documenting the terms of sale, condition of the vehicle, and responsibilities of each party. The document becomes particularly important for ensuring clean title transfer and addressing potential future disputes regarding the vehicle's condition or ownership.
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1. Parties: Identifies and provides full details of the seller and buyer, including their full names, MyKad numbers, and addresses
2. Background: Brief context of the sale and confirmation that the seller owns the vehicle and has the right to sell it
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, registration number, chassis number, and engine number
5. Purchase Price and Payment: Specifies the agreed purchase price and payment terms, including method and timing of payment
6. Transfer of Ownership: Details the process and timing of ownership transfer, including registration transfer requirements with JPJ (Road Transport Department)
7. Seller's 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 of Sale: Steps to be taken at completion, including document handover and physical delivery of the vehicle
10. Governing Law: Specifies that Malaysian law governs the agreement
11. Signatures: Space for parties' signatures and witness details as required under Malaysian law
1. Deposit Terms: Include when a deposit is part of the payment structure, specifying amount and whether refundable
2. Condition Precedents: Include when the sale is subject to specific conditions being met before completion
3. Vehicle Maintenance History: Include when the seller has comprehensive service records to be warranted
4. Outstanding Loans: Include when there's a need to address the settlement of existing vehicle loans
5. Insurance Transfer: Include when addressing the transfer or termination of existing insurance policies
6. Dispute Resolution: Include when parties want to specify specific dispute resolution procedures
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle, including all features and modifications
2. Schedule 2 - Vehicle Inspection Report: Report detailing the current condition of the vehicle, including any known defects
3. Schedule 3 - Service History: List of all documented service records and maintenance work
4. Schedule 4 - Registration Documents: Copies of current vehicle registration card and other relevant documentation
5. Schedule 5 - Vehicle Handover Checklist: List of items to be checked and confirmed during physical handover of the vehicle
Relevant legal definitions
Clauses
Relevant Industries
Automotive
Legal Services
Financial Services
Insurance
Transportation
Consumer Goods
Retail
Relevant Teams
Legal
Compliance
Sales
Finance
Administrative
Operations
Risk Management
Customer Service
Documentation
Relevant Roles
Legal Counsel
Paralegal
Car Dealership Manager
Automotive Sales Executive
Finance Manager
Insurance Agent
Vehicle Registration Officer
Compliance Officer
Contract Administrator
Property Manager
Fleet Manager
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