tiktok���˰�

The Contract For Selling A Car is a critical legal instrument used in Saudi Arabia for documenting vehicle sales transactions and ensuring proper transfer of ownership. This document is essential for both private sales between individuals and commercial transactions involving dealerships or corporate entities. It must comply with Saudi Arabian traffic laws, consumer protection regulations, and Sharia principles while protecting both parties' interests. The contract typically includes comprehensive vehicle details, price and payment terms, warranties, and specific requirements for registration transfer through the Saudi Traffic Department. It's particularly important as vehicle transactions in Saudi Arabia require specific documentation and procedures for legal transfer of ownership.

1. Parties: Identification of the seller and buyer with their complete legal names, national ID numbers, and contact information

2. Background: Brief context stating the seller's ownership of the vehicle and intention to sell to the buyer

3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, registration number, and mileage

5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable

6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and absence of encumbrances

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through official channels

8. Completion Requirements: List of documents and actions required to complete the sale

9. Risk and Insurance: Transfer of risk and insurance responsibilities

10. Governing Law: Confirmation that Saudi law and Sharia principles govern the agreement