Car Purchase And Sale Agreement Template for Austria

The Car Purchase and Sale Agreement is a vital legal instrument used in Austria for documenting the transfer of vehicle ownership. It is essential for both private and commercial transactions, ensuring compliance with Austrian civil law, consumer protection regulations, and vehicle-specific legislation. This document is required whenever a vehicle changes ownership, whether between private individuals, through dealerships, or in corporate fleet transactions. The agreement must include specific details required by Austrian law, such as the vehicle's technical specifications, ownership history, and warranty terms. It serves multiple purposes: documenting the transaction terms, protecting both parties' interests, facilitating vehicle registration transfer, and ensuring compliance with tax and insurance requirements. The document's format and content are influenced by various Austrian regulations, including the ABGB, KSchG, and Kraftfahrgesetz, making it a crucial tool for legal and compliant vehicle transfers.

1. Parties: Identification and details of the seller and buyer, including full names, addresses, and identification numbers

2. Background: Brief context of the transaction and confirmation that the seller is the legal owner of the vehicle

3. Definitions: Key terms used throughout the agreement

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, registration number, mileage, and technical specifications

5. Purchase Price and Payment: Agreement on purchase price, payment method, and payment schedule

6. Transfer of Ownership: Terms regarding the transfer of title and registration, including timing and responsibilities

7. Seller's Representations: Seller's declarations regarding vehicle condition, ownership, liens, and encumbrances

8. Delivery and Collection: Terms regarding vehicle handover, including location, time, and condition verification process

9. Documentation: List of required documents to be provided by the seller, including Typenschein and service history

10. Warranties and Disclaimers: Statutory warranties and any additional warranties or disclaimers

11. Risk Transfer: Specification of when risk transfers from seller to buyer

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

13. Signatures: Execution section with date and signatures of both parties