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Car Sold As Is Contract
"I need a Car Sold As Is Contract for selling my 2020 Toyota Camry to a private buyer in Riyadh, with the sale scheduled for March 15, 2025; the contract should include detailed sections about known mechanical issues and a payment plan spread over three months."
1. Parties: Identifies the seller and buyer with their full legal names, addresses, and national ID/iqama numbers
2. Background: Brief context of the sale and acknowledgment that the vehicle is being sold 'as is'
3. Definitions: Defines key terms used in the contract including 'As Is', 'Vehicle', 'Purchase Price', and 'Effective Date'
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, mileage, and registration number
5. Purchase Price and Payment: Specifies the agreed purchase price and payment terms
6. As Is Condition: Explicitly states that the vehicle is sold 'as is' with no warranties, and buyer's acknowledgment of the vehicle's current condition
7. Transfer of Ownership: Details the process and requirements for transferring vehicle ownership in accordance with Saudi regulations
8. Seller's Representations: Basic representations about vehicle ownership and authority to sell
9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of its condition
10. Governing Law: Specifies that Saudi Arabian law governs the agreement
11. Execution: Signature blocks for both parties and witnesses as required under Saudi law
1. Financing Terms: Include when the purchase involves financing or installment payments
2. Known Defects: Detailed disclosure of known issues when the seller wishes to document specific problems
3. Export/Import Provisions: Include when the vehicle will be exported outside Saudi Arabia
4. Language: Include when contract is bilingual Arabic/English to specify which version prevails
5. Insurance Transfer: Include when existing insurance policy is being transferred or terminated
6. Arbitration: Optional dispute resolution clause when parties prefer arbitration over courts
1. Vehicle Inspection Report: Detailed report of vehicle's current condition and any existing damage
2. Vehicle Registration Documents: Copies of current registration card and other official documentation
3. Vehicle Service History: Records of maintenance and repairs if available
4. Photographs: Date-stamped photographs showing vehicle condition at time of sale
5. Payment Schedule: If payment is in installments, detailed payment schedule with dates and amounts
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Automotive
Retail
Insurance
Banking & Finance
Transportation
Legal Services
Vehicle Inspection Services
Used Car Market
Automotive Repair & Maintenance
Legal
Sales
Compliance
Documentation
Finance
Operations
Customer Service
Risk Management
Vehicle Inspection
Administrative Services
Sales Manager
Legal Counsel
Compliance Officer
Used Car Manager
Vehicle Inspector
Documentation Specialist
Finance Manager
Insurance Coordinator
Customer Service Representative
Administrative Officer
Business Development Manager
Risk Manager
Operations Manager
Contract Administrator
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