The Second Hand Car Sale Agreement is a crucial legal document used in the United Arab Emirates for transferring ownership of used vehicles between parties. This agreement is designed to comply with UAE Federal Laws, including Consumer Protection Law No. 24 of 2006 and Civil Transactions Law No. 5 of 1985, as well as RTA regulations. It is typically used when transferring ownership of any used vehicle, whether between private individuals or commercial entities. The document includes essential information such as vehicle specifications, condition disclosure, warranty terms, payment arrangements, and transfer procedures. It serves to protect both parties' interests by clearly documenting the transaction terms and ensuring compliance with local legal requirements for vehicle transfers.
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1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details
2. Background: Brief context of the transaction and confirmation of the Seller's ownership and right to sell
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date'
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and current mileage
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. Seller's Representations and Warranties: Warranties regarding vehicle ownership, condition, accident history, and outstanding liabilities
7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA
8. Completion Requirements: Actions required by each party to complete the sale including documentation and registration
9. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Inspection and Test Drive: Terms for pre-purchase inspection and test drive, used when buyer hasn't fully inspected the vehicle
2. Financing Arrangements: Include when purchase involves bank financing or installment payments
3. Insurance Transfer: Procedures for transferring or arranging insurance, relevant when existing insurance is transferable
4. Condition Report: Detailed description of vehicle condition and known issues, recommended for older vehicles
5. Post-Sale Services: Any after-sale services or support agreed between parties
6. Dispute Resolution: Detailed dispute resolution procedures, recommended for high-value transactions
1. Schedule 1 - Vehicle Inspection Report: Detailed technical inspection report from authorized service center
2. Schedule 2 - Vehicle History Report: Documented service history and accident report
3. Schedule 3 - Payment Schedule: Detailed payment terms if payment is to be made in installments
4. Schedule 4 - Vehicle Photographs: Dated photographs showing current condition of vehicle
5. Schedule 5 - Existing Warranty Documentation: Any remaining manufacturer or extended warranty documentation
6. Appendix A - Required Transfer Documents: List of all documents required for RTA transfer
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