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Automobile Release Of Liability Form

Automobile Release Of Liability Form Template for Indonesia

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Key Requirements PROMPT example:

Automobile Release Of Liability Form

"I need an Automobile Release of Liability Form under Indonesian law for selling my personal Toyota Camry to a private buyer, with the transfer scheduled for March 15, 2025, including provisions for existing minor damage documentation."

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Document background
The Automobile Release Of Liability Form is a critical legal document used in Indonesia when transferring vehicle ownership to protect the selling party from future claims or liabilities. This document becomes necessary whenever a vehicle changes ownership, whether in private sales, dealer transactions, or corporate fleet transfers. It must comply with Indonesian legal requirements, particularly the Civil Code (KUHPerdata) and Law No. 22 of 2009 on Traffic and Road Transportation. The form includes comprehensive vehicle identification, party details, explicit liability release statements, and acknowledgment of vehicle condition. It serves as a crucial risk management tool by clearly documenting the exact time and date when liability transfers from the previous owner to the new owner, helping prevent future disputes over accidents, violations, or other incidents involving the transferred vehicle.
Suggested Sections

1. Parties: Identification of the Transferor (current owner) and Transferee (new owner), including full legal names, ID numbers (KTP), addresses, and contact information

2. Background: Brief context explaining the transfer of vehicle ownership and purpose of the release

3. Definitions: Key terms used in the document including 'Vehicle', 'Liability', 'Transfer Date', and 'Claims'

4. Vehicle Information: Detailed description of the vehicle including make, model, year, VIN/chassis number, license plate number, and registration details

5. Transfer Date: Specific date and time when the transfer of ownership and liability release takes effect

6. Release Statement: Clear and explicit statement releasing the transferor from all future liabilities related to the vehicle

7. Acknowledgment of Vehicle Condition: Statement confirming that the transferee has inspected the vehicle and accepts its current condition

8. Governing Law: Specification that Indonesian law governs the agreement

9. Signatures: Space for dated signatures of both parties and witnesses

Optional Sections

1. Outstanding Loans: Section to address any remaining financial obligations on the vehicle, used when there are existing loans or liens

2. Insurance Transfer: Details about the transfer or cancellation of insurance policies, included when active insurance policies exist

3. Pending Claims: Information about any ongoing insurance claims or legal proceedings, included when applicable

4. Payment Details: Information about any monetary transaction related to the transfer, used when payment is part of the agreement

5. Special Conditions: Any specific conditions or arrangements between the parties, included when there are unique circumstances

Suggested Schedules

1. Schedule A - Vehicle Documentation: Copies of vehicle registration certificate (STNK), ownership book (BPKB), and recent photos of the vehicle

2. Schedule B - Inspection Report: Detailed report of the vehicle's condition at the time of transfer, including any existing damage or issues

3. Schedule C - Transfer History: Documentation of previous ownership transfers and maintenance records if available

4. Schedule D - Outstanding Fines: List of any unpaid tickets, fines, or penalties associated with the vehicle prior to transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Automotive

Transportation

Insurance

Legal Services

Financial Services

Fleet Management

Logistics

Car Rental

Ride-sharing Services

Corporate Services

Relevant Teams

Legal

Risk Management

Fleet Operations

Administrative Services

Compliance

Insurance

Property Management

Corporate Services

Documentation

Asset Management

Relevant Roles

Fleet Manager

Legal Counsel

Risk Manager

Compliance Officer

Administrative Officer

Vehicle Operations Manager

Transport Coordinator

Insurance Claims Manager

Property Manager

Corporate Services Manager

Procurement Officer

Asset Manager

Operations Director

Legal Administrator

Documentation Specialist

Industries
Indonesian Civil Code (KUHPerdata): Provides the fundamental legal framework for contracts and agreements in Indonesia, including requirements for valid contracts and liability provisions (particularly Articles 1320 and 1338)
Law No. 22 of 2009 on Traffic and Road Transportation: Governs road traffic and vehicle regulations in Indonesia, including provisions on vehicle ownership, transfer of ownership, and liability in traffic-related matters
Government Regulation No. 55 of 2012 on Vehicles: Details specific requirements regarding vehicle documentation, registration, and transfer of ownership procedures
Law No. 8 of 1999 on Consumer Protection: Ensures fair practices in transactions and protects consumer rights, including provisions relevant to vehicle sales and transfers
Law No. 40 of 2014 on Insurance: Regulates insurance matters which may be relevant to vehicle liability and risk transfer
Minister of Transportation Regulation No. PM 55 of 2020: Updates regulations on vehicle registration and ownership transfer procedures, including documentary requirements
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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