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The Car Sold As Is Form is essential for private and commercial vehicle sales in Singapore where the seller wishes to transfer ownership without providing warranties or guarantees. This document is particularly important in protecting sellers from future claims while ensuring buyers acknowledge they understand the vehicle's condition. It must comply with Singapore's specific regulatory requirements, including LTA regulations and the Consumer Protection (Fair Trading) Act. The form typically includes comprehensive vehicle details, known defects, price, and transfer terms, serving as a legally binding record of the transaction terms.
