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The Scrap Vehicle Sale Agreement is essential for transactions involving end-of-life vehicles in Nigeria, whether between private individuals, commercial entities, or automotive businesses. This document is specifically designed to comply with Nigerian federal and state regulations, including NESREA environmental requirements and FRSC vehicle deregistration procedures. It should be used whenever a vehicle is being sold specifically for scrapping, parts salvage, or metal recycling purposes. The agreement covers crucial elements such as vehicle identification, condition disclosure, environmental compliance, transfer of ownership, and liability provisions. It's particularly important in protecting both parties' interests while ensuring regulatory compliance in the Nigerian jurisdiction, especially regarding environmental protection and proper vehicle disposal procedures.

1. Parties: Identification of the seller and buyer with full legal names and addresses

2. Background: Context of the sale and brief description of the transaction purpose

3. Definitions: Definitions of key terms used in the agreement including 'scrap vehicle', 'hazardous materials', etc.

4. Vehicle Description and Condition: Detailed description of the vehicle including make, model, VIN, current condition, and confirmation of scrap status

5. Sale and Purchase: Core terms of the sale including price, payment method, and confirmation that vehicle is sold 'as is'

6. Transfer of Title and Risk: Terms regarding the transfer of ownership and risk in the vehicle

7. Seller's Representations: Seller's warranties about vehicle ownership, liens, and accurate disclosure of vehicle condition

8. Environmental Compliance: Compliance with environmental regulations regarding disposal and handling of hazardous materials

9. Collection and Delivery: Terms for vehicle collection or delivery, including timing and responsibility for transport

10. Governing Law: Specification that Nigerian law governs the agreement

11. Entire Agreement: Standard clause confirming this document represents the entire agreement between parties