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Bike Selling Agreement Letter

Bike Selling Agreement Letter Template for Indonesia

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Key Requirements PROMPT example:

Bike Selling Agreement Letter

"I need a Bike Selling Agreement Letter for selling my used Yamaha R15 motorcycle to a private buyer in Jakarta, with a clear description of the bike's condition and a payment plan spread over three months starting March 2025."

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Document background
The Bike Selling Agreement Letter is a crucial document used in Indonesia for formalizing the sale and transfer of ownership of bicycles or motorcycles. This document is essential for both private sales and business transactions, providing legal protection under Indonesian law for both sellers and buyers. It should be used whenever a bike ownership transfer occurs, whether for new or used vehicles, and must comply with Indonesian Civil Code requirements and relevant transportation regulations. The agreement includes critical information such as party details, vehicle specifications, price, payment terms, and warranties, while also addressing requirements under Law No. 8 of 1999 on Consumer Protection and applicable vehicle registration regulations. This document is particularly important for establishing clear ownership rights and preventing future disputes regarding the transaction.
Suggested Sections

1. Parties: Full names, addresses, and identification details of both seller and buyer

2. Background: Brief context stating the seller's ownership and intention to sell, and buyer's intention to purchase

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

4. Bike Details: Complete description of the bike including make, model, year, color, frame number, and any modifications

5. Purchase Price: Agreed purchase price and payment terms including method and timing of payment

6. Transfer of Ownership: Statement of transfer of ownership and associated responsibilities

7. Seller's Warranties: Seller's declarations about bike condition, ownership, and absence of encumbrances

8. Buyer's Acknowledgments: Buyer's confirmation of bike inspection and acceptance of condition

9. Execution: Date and signature blocks for both parties

Optional Sections

1. Financing Terms: Include when purchase involves installment payments or financing arrangements

2. Condition Report: Detailed description of bike condition and known issues, recommended for used bikes

3. Delivery Terms: Include when delivery arrangements are part of the agreement

4. Maintenance History: Include for used bikes with significant service history

5. Return Policy: Include if seller offers any return or exchange options

6. Dispute Resolution: Include for higher-value transactions to specify method of resolving disputes

Suggested Schedules

1. Schedule A - Bike Specifications: Detailed technical specifications and features of the bike

2. Schedule B - Photographs: Photos of the bike documenting its condition at time of sale

3. Schedule C - Maintenance Records: Copies of service history and maintenance documents

4. Schedule D - Payment Schedule: If applicable, detailed breakdown of installment payments

5. Appendix 1 - Registration Documents: Copies of current registration and ownership documents

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 Retail

Motorcycle/Bicycle Manufacturing

Transportation

Sports and Recreation

E-commerce

Consumer Goods

Vehicle Dealerships

Logistics and Delivery Services

Relevant Teams

Sales

Legal

Compliance

Operations

Customer Service

Documentation

Administration

Finance

Business Development

Relevant Roles

Sales Manager

Retail Manager

Dealership Owner

Business Development Manager

Sales Representative

Legal Counsel

Compliance Officer

Vehicle Documentation Specialist

Customer Service Representative

Finance Manager

Operations Manager

Administrative Assistant

Industries
Indonesian Civil Code (Kitab Undang-undang Hukum Perdata): The fundamental law governing contracts and agreements in Indonesia, including requirements for valid contracts, rights and obligations of parties, and contract termination
Law No. 8 of 1999 on Consumer Protection: Regulates consumer rights and business obligations, including product quality guarantees and disclosure requirements
Government Regulation No. 55 of 2012 on Vehicles: Covers regulations regarding vehicle registration, ownership transfer, and technical requirements for road-worthy vehicles
Law No. 42 of 2009 on Value Added Tax: Governs the VAT implications of vehicle sales transactions
Minister of Industry Regulation No. 27/M-IND/PER/6/2016: Specifies technical requirements and standards for motorcycles and bicycles in Indonesia
Minister of Transportation Regulation No. PM 33 of 2018: Regulates vehicle registration and ownership document requirements for transfer of ownership
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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