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Deed Of Sale Motor Vehicle
"I need a Deed of Sale Motor Vehicle for selling my Toyota Hilux to a private buyer, with payment to be made in three installments over 2 months, with the final payment due March 15, 2025."
1. Parties: Identifies and provides full details of the seller and purchaser including names, addresses, and contact information
2. Background: Sets out the context of the sale, confirming the seller's ownership and intention to sell the vehicle to the purchaser
3. Definitions: Defines key terms used throughout the deed for clarity and legal certainty
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, registration number, VIN, and odometer reading
5. Sale and Purchase: Core terms of the sale including purchase price, payment terms, and transfer of ownership
6. Seller's Warranties: Seller's representations regarding vehicle ownership, condition, and absence of encumbrances
7. Transfer of Risk and Responsibility: Specifies when risk and responsibility for the vehicle transfers from seller to purchaser
8. Completion of Sale: Details the process for completing the sale including documentation, payment, and handover requirements
9. Governing Law: Confirms the deed is governed by New Zealand law
10. Execution: Formal signing section including witness requirements for a valid deed
1. Conditional Sale: Used when the sale is subject to conditions such as mechanical inspection or finance approval
2. Payment by Installments: Required when the purchase price is to be paid in installments rather than as a lump sum
3. Trade-in Vehicle: Included when there is a trade-in vehicle as part of the transaction
4. Outstanding Finance: Required when there is existing finance to be cleared as part of the sale
5. Modifications disclosure: Used when the vehicle has after-market modifications that need to be disclosed
6. Warranty Details: Included when the seller is providing additional warranties beyond statutory requirements
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications and features of the vehicle
2. Schedule 2 - Vehicle Condition Report: Comprehensive report on the vehicle's current condition including any known defects
3. Schedule 3 - Service History: Details of the vehicle's service history and maintenance records
4. Schedule 4 - Included Items: List of additional items included in the sale (spare keys, manuals, accessories etc)
5. Appendix A - Vehicle Documentation: Copies of registration papers, WoF, and other relevant documentation
6. Appendix B - Photographs: Dated photographs of the vehicle documenting its condition at time of sale
Authors
Automotive
Transport
Fleet Management
Vehicle Leasing
Car Dealerships
Private Transportation
Logistics
Vehicle Finance
Legal Services
Insurance
Legal
Procurement
Fleet Management
Operations
Sales
Compliance
Risk Management
Administration
Finance
Asset Management
Fleet Manager
Procurement Officer
Legal Counsel
Compliance Officer
Sales Manager
Vehicle Trader
Operations Manager
Risk Manager
Contract Administrator
Business Owner
Administrative Assistant
Legal Secretary
Finance Manager
Automotive Sales Representative
Property Manager
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