Automobile Sales Contract Form Template for Indonesia

The Automobile Sales Contract Form is a vital legal instrument used in Indonesia for documenting and formalizing vehicle sales transactions. This document is essential for both private and commercial vehicle sales, ensuring compliance with Indonesian regulations including the Consumer Protection Law, Civil Code, and specific automotive industry regulations. It serves as a comprehensive record of the transaction, incorporating vehicle details, financial terms, warranties, and ownership transfer procedures. The contract form is designed to protect both parties' interests while meeting regulatory requirements for vehicle registration and ownership transfer in Indonesia. It's particularly important given Indonesia's specific requirements for vehicle documentation and the need to ensure clear title transfer and registration procedures.

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

2. Background: Brief context of the transaction and the parties' intention to enter into a vehicle sale agreement

3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty

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

5. Purchase Price: Total purchase price, including breakdown of base price, taxes, and other charges

6. Payment Terms: Details of payment method, schedule, and conditions

7. Transfer of Ownership: Terms and process for transferring vehicle ownership, including documentation requirements

8. Seller's Representations and Warranties: Seller's declarations regarding vehicle condition, ownership, and absence of encumbrances

9. Buyer's Obligations: Responsibilities of the buyer including payment, registration transfer, and compliance with regulations

10. Vehicle Delivery: Terms and conditions for vehicle handover, including timing and location

11. Risk and Insurance: Transfer of risk and insurance requirements during and after the sale

12. Governing Law: Specification of Indonesian law as governing law and jurisdiction

13. Dispute Resolution: Process for resolving any disputes arising from the agreement

14. Execution: Signature blocks and execution requirements