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1. Parties: Identification of the seller and buyer, including full legal names, Hong Kong ID numbers/Business Registration numbers, and contact details
2. Background: Brief context of the transaction, establishing that the seller owns the vehicle and the buyer wishes to purchase it
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Deposit', 'Purchase Price', 'Completion Date'
4. Vehicle Details: Essential information about the vehicle including make, model, year, color, registration number, and chassis number
5. Deposit Terms: Amount of deposit, payment method, and when it must be paid
6. Purchase Price and Payment: Total purchase price, how the deposit will be applied, and remaining payment details
7. Conditions for Completion: Conditions that must be met before proceeding to full purchase, including vehicle inspection and documentation requirements
8. Deposit Refund Conditions: Circumstances under which the deposit will be refunded or forfeited
9. Completion Timeline: Deadline for completing the full purchase and consequences of failing to complete
10. Governing Law: Specification that the agreement is governed by Hong Kong law
1. Vehicle Inspection: Details of any pre-purchase inspection arrangements, used when the buyer wishes to have the vehicle professionally inspected
2. Outstanding Loans: Declaration regarding any existing loans or encumbrances on the vehicle, included if the vehicle has any outstanding finance
3. Trade-in Details: Terms relating to any vehicle trade-in arrangement, included if the buyer is trading in another vehicle
4. Insurance Requirements: Specific insurance requirements during the deposit period, included if the buyer will test drive or take possession before completion
5. Agent Authorization: Authorization details if either party is acting through an agent, included when relevant
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle, including all features and modifications
2. Schedule 2 - Vehicle Condition Report: Current condition of the vehicle, including any known defects or damage
3. Schedule 3 - Required Documents: List of all documents required for the transfer of ownership
4. Appendix A - Payment Schedule: Detailed breakdown of payment terms and timeline, if payment is to be made in stages
5. Appendix B - Vehicle Service History: Documentation of the vehicle's maintenance and service history
Business Day
Buyer
Completion
Completion Date
Confidential Information
Dealer
Dealership
Deposit
Deposit Payment Date
Encumbrance
Force Majeure Event
HKD
Inspection Period
Manufacturer
Parties
Purchase Price
Registration Documents
Remaining Balance
Seller
Specifications
Transaction Documents
Vehicle
Vehicle Documents
Vehicle Identification Number
Vehicle Registration Number
Warranties
Refund Conditions
Vehicle Inspection
Title and Ownership
Warranties and Representations
Completion Conditions
Payment Terms
Vehicle Description
Registration and Transfer
Default
Termination
Force Majeure
Confidentiality
Governing Law
Dispute Resolution
Notices
Assignment
Entire Agreement
Severability
Amendments
Liability
Insurance
Documentation Requirements
Time of Essence
Automotive
Retail
Financial Services
Insurance
Legal Services
Transportation
Fleet Management
Luxury Goods
Consumer Services
Business Services
Sales
Legal
Compliance
Finance
Operations
Risk Management
Customer Service
Documentation
Business Development
Administrative Support
Sales Manager
Automotive Sales Representative
Finance Manager
Legal Counsel
Compliance Officer
Fleet Manager
Business Development Manager
Contract Administrator
Customer Service Manager
Operations Manager
Risk Manager
Vehicle Sales Director
Dealership Owner
Insurance Coordinator
Documentation Specialist
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