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Simple Deed Of Sale Of Motor Vehicle

Simple Deed Of Sale Of Motor Vehicle Template for New Zealand

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Simple Deed Of Sale Of Motor Vehicle

"I need a Simple Deed of Sale of Motor Vehicle for a private sale of my Toyota Hilux, with payment to be made in three installments between January and March 2025, and including specific warranties about the vehicle's off-road usage history."

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Document background
The Simple Deed Of Sale Of Motor Vehicle is a formal legal document used in New Zealand for documenting the sale and purchase of motor vehicles. It is designed to comply with New Zealand legislation, including the Sale of Goods Act 1908, Motor Vehicle Sales Act 2003, and Contract and Commercial Law Act 2017. This deed is appropriate for both private sales and commercial transactions, providing a comprehensive framework that includes vehicle identification, sale terms, warranties, and ownership transfer details. It should be used whenever a formal record of vehicle sale is required, particularly for high-value vehicles or commercial transactions where additional legal protection is desired. The document includes provisions for vehicle description, price, payment terms, warranties, and the formal requirements for deed execution under New Zealand law.
Suggested Sections

1. Parties: Identifies the seller and buyer with their full legal names, addresses, and contact details

2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle

3. Definitions: Defines key terms used in the deed including 'Vehicle', 'Purchase Price', 'Completion Date'

4. Sale and Purchase: Core agreement to sell and purchase the vehicle, stating the purchase price

5. Payment Terms: Details of how and when payment is to be made

6. Transfer of Ownership: Specifics about when and how legal ownership transfers to the buyer

7. Seller's Warranties: Warranties about vehicle ownership, condition, and legal status

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Completion: Requirements and process for completing the sale

10. Execution: Formal signing section meeting requirements for a deed under NZ law

Optional Sections

1. Finance and Security: Required if there is an existing financial interest in the vehicle that needs to be discharged

2. Condition Precedents: Used when the sale is subject to specific conditions being met before completion

3. Vehicle Modifications: Required when the vehicle has significant modifications that need to be disclosed

4. Outstanding Fines: Needed if there are any outstanding fines or charges against the vehicle

5. Delivery Terms: Required if the vehicle is not being collected at the time of sale

Suggested Schedules

1. Schedule 1 - Vehicle Details: Comprehensive details of the vehicle including make, model, year, VIN, registration number, and odometer reading

2. Schedule 2 - Vehicle Condition Report: Detailed report of the vehicle's condition including any damage or known issues

3. Schedule 3 - Included Items: List of additional items included in the sale (spare keys, service history, accessories)

4. Schedule 4 - Payment Schedule: Required if payment is to be made in installments or involves multiple payments

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
























Clauses
























Relevant Industries

Automotive

Transportation

Fleet Management

Vehicle Leasing

Car Dealership

Business Services

Private Sales

Asset Management

Logistics

Vehicle Rental

Relevant Teams

Legal

Sales

Procurement

Operations

Finance

Administration

Compliance

Fleet Management

Asset Management

Relevant Roles

Fleet Manager

Sales Manager

Procurement Officer

Legal Counsel

Business Owner

Vehicle Sales Representative

Administrative Officer

Compliance Officer

Operations Manager

Asset Manager

Finance Manager

Dealership Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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