The Bike Sale Agreement is a crucial document for formalizing bicycle transactions in Singapore. This agreement is essential when transferring ownership of standard bicycles, e-bikes, or specialized cycling equipment. It ensures compliance with Singapore's legal framework, including the Sale of Goods Act and Consumer Protection laws. The document protects both parties by clearly stating the terms of sale, specifications of the bicycle, warranty provisions, and respective obligations. It's particularly important for e-bikes where additional regulatory requirements apply.
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1. Parties: Identification and details of seller and buyer
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Key terms used in the agreement
4. Subject Matter: Detailed description of the bicycle being sold
5. Purchase Price: Price and payment terms
6. Delivery: Delivery arrangements and transfer of possession
7. Warranties: Basic warranties about ownership and condition
8. Governing Law: Specification of Singapore law as governing law
1. Extended Warranty: Additional warranty terms beyond basic warranties, used for new bikes or when offering extended protection
2. After-sales Service: Terms for maintenance and repairs, included when offering post-sale support
3. Trade-in Terms: Terms for accepting old bike as part payment, included when trade-in is part of the transaction
4. E-bike Specific Terms: Additional terms covering e-bike regulations and certifications, included when selling electric or power-assisted bicycles
1. Schedule 1 - Bicycle Specification Sheet: Detailed technical specifications of the bicycle
2. Schedule 2 - Condition Report: Documentation of bike's condition at time of sale, including photographs and notes
3. Schedule 3 - Warranty Certificate: Detailed warranty terms and conditions if applicable
4. Schedule 4 - Registration Documents: For e-bikes requiring registration with authorities, including UL2272 certification if applicable
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