Absolute Deed Of Sale Of Motor Vehicle Template for Austria

The Absolute Deed Of Sale Of Motor Vehicle is a crucial legal document used in Austria for the transfer of motor vehicle ownership. It serves as conclusive evidence of the sale and purchase transaction, incorporating all elements required under Austrian law for a valid transfer of vehicle ownership. This document is essential when conducting any motor vehicle sale in Austria, whether between private individuals, commercial entities, or a combination thereof. It must comply with the Austrian Civil Code (ABGB), the Motor Vehicles Act (KFG), and other relevant regulations. The deed includes comprehensive details about the vehicle, parties involved, purchase price, warranties, and transfer conditions, making it a vital document for both legal and registration purposes.

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and identification numbers

2. Background: Brief context of the sale and confirmation of seller's ownership and authority to sell

3. Definitions: Key terms used throughout the document including 'Vehicle', 'Purchase Price', 'Transfer Date'

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, chassis number, engine number, registration number

5. Sale and Purchase: Core agreement of transfer of ownership and purchase price

6. Purchase Price and Payment: Agreed price, payment terms, and payment method

7. Seller's Representations and Warranties: Declarations regarding vehicle ownership, condition, absence of liens, and legal status

8. Transfer of Ownership: Specific terms of ownership transfer, including registration transfer requirements

9. Handover: Details of physical transfer of vehicle and related documents

10. Governing Law: Confirmation of Austrian law application and jurisdiction

11. Execution: Signature blocks and execution requirements