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Car Sold As Is Contract

Car Sold As Is Contract Template for Singapore

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Key Requirements PROMPT example:

Car Sold As Is Contract

"I need a Car Sold As Is Contract for selling my 2020 Toyota Camry to a private buyer in Singapore, with specific mentions of existing minor bodywork damage and a payment plan spread across three installments in January 2025."

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What is a Car Sold As Is Contract?

The Car Sold As Is Contract is essential for private and commercial vehicle sales in Singapore where the seller wishes to transfer ownership without providing additional warranties. This document is commonly used in the second-hand car market and provides protection for both parties by clearly documenting the vehicle's condition at sale, known defects, and the explicit understanding that the sale is made without warranties. The contract ensures compliance with Singapore's legal framework, including the Sale of Goods Act and Road Traffic Act, while protecting sellers from future claims related to vehicle condition.

What sections should be included in a Car Sold As Is Contract?

1. Parties: Identification of seller and buyer with full details

2. Background: Context of the sale and basic information about the vehicle

3. Definitions: Key terms used in the agreement

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, mileage

5. Purchase Price: Amount and payment terms

6. As Is Provisions: Explicit statement of 'as is' condition and warranty disclaimers

7. Transfer of Title: Terms of ownership transfer

What sections are optional to include in a Car Sold As Is Contract?

1. Inspection Period: Optional period allowed for buyer inspection before finalizing the sale

2. Known Defects: Specific disclosure section for any known issues with the vehicle

3. Payment Plan: Terms and conditions for installment payments if applicable

What schedules should be included in a Car Sold As Is Contract?

1. Vehicle Condition Report: Detailed assessment of vehicle condition at time of sale

2. Service History: Documentation of vehicle maintenance history

3. Vehicle Registration Documents: Copies of registration papers and transfer forms

4. Inspection Reports: Any recent inspection certificates or reports

Authors

Alex Denne

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

alex.den.21@genieai.co
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Industries

Sale of Goods Act (SOGA): Primary legislation governing sale and transfer of goods in Singapore, including provisions about title, condition, and warranties. Even in 'as is' sales, certain implied conditions cannot be fully excluded.

Road Traffic Act: Legislation covering vehicle transfer requirements, vehicle registration requirements, and regulatory compliance aspects for road vehicles in Singapore.

Consumer Protection (Fair Trading) Act (CPFTA): Legislation protecting consumer rights - even in 'as is' sales, sellers must disclose known material defects and cannot engage in unfair practices or make false/misleading claims.

Motor Vehicles (Third-Party Risks and Compensation) Act: Legislation governing insurance requirements and transfer of insurance considerations for motor vehicles in Singapore.

Lemon Law provisions under CPFTA: While 'as is' sales limit these protections, basic compliance is still required including disclosure obligations for known defects.

Electronic Transactions Act: Legislation governing the validity and use of electronic transactions and digital signatures if the contract will be executed electronically.

Personal Data Protection Act (PDPA): Legislation governing the collection, use, and disclosure of personal information of the parties involved in the transaction.

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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