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Deed Of Sale For Car Vehicle

Deed Of Sale For Car Vehicle Template for Indonesia

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Key Requirements PROMPT example:

Deed Of Sale For Car Vehicle

"I need a Deed of Sale for Car Vehicle under Indonesian law for my company's sale of a fleet of three Toyota Fortuner vehicles to a logistics company, with payment to be made in three installments between January and March 2025, including specific conditions about vehicle maintenance records and existing insurance transfer."

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Document background
The Deed of Sale For Car Vehicle is an essential legal document used in Indonesia to formalize and document the sale and transfer of ownership of motor vehicles. This document is crucial for both private and commercial vehicle sales, ensuring compliance with Indonesian Civil Code (KUH Perdata) and Law No. 22 of 2009 on Traffic and Road Transportation. It serves as the primary evidence of the transaction and includes critical information such as vehicle specifications, seller and buyer details, purchase price, and warranty terms. The deed is particularly important as it facilitates the official transfer of vehicle registration (STNK) and ownership book (BPKB) through proper administrative channels, helping prevent future disputes and ensuring legal protection for both parties under Indonesian law.
Suggested Sections

1. Parties: Identification of the seller and buyer with complete details including name, ID number (KTP), address, and contact information

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

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

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

5. Sale and Purchase: Core terms of the sale including purchase price, payment method, and confirmation of transfer of ownership

6. Seller's Warranties: Warranties regarding vehicle ownership, absence of liens, vehicle condition, and legal status

7. Transfer Process: Details of the physical handover of the vehicle and process for legal registration transfer

8. Taxes and Costs: Allocation of responsibility for transfer taxes, registration fees, and other associated costs

9. Governing Law: Confirmation that the deed is governed by Indonesian law

10. Execution: Signature block with space for both parties' signatures and witness attestation

Optional Sections

1. Condition Report: Detailed assessment of the vehicle's current condition, recommended when selling used vehicles

2. Payment Terms: Include when payment is to be made in installments or through specific financing arrangements

3. Insurance Transfer: Required when existing insurance policy is being transferred to the buyer

4. Outstanding Loans: Include when there are existing loans that need to be settled as part of the sale

5. Dispute Resolution: Optional clause specifying mediation or arbitration procedures

6. Force Majeure: Include when parties want to address unforeseen circumstances affecting the transfer

7. Return Policy: Include when seller offers specific return or exchange terms

Suggested Schedules

1. Schedule A - Vehicle Documentation: Copies of vehicle registration certificate (STNK), vehicle ownership book (BPKB), and tax payment receipts

2. Schedule B - Vehicle Inspection Report: Technical inspection results and photographs of the vehicle

3. Schedule C - Payment Details: Breakdown of purchase price, taxes, and other fees

4. Schedule D - Transfer Timeline: Detailed timeline for completion of payment and registration transfer

5. Appendix 1 - Vehicle Service History: Records of maintenance and repairs

6. Appendix 2 - Insurance Documents: Current insurance policy details and transfer forms if applicable

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

Fleet Management

Car Dealership

Insurance

Legal Services

Financial Services

Logistics

Corporate Services

Private Transportation

Relevant Teams

Legal

Procurement

Administration

Compliance

Sales

Operations

Finance

Risk Management

Corporate Services

Fleet Management

Contract Administration

Relevant Roles

Fleet Manager

Legal Counsel

Procurement Manager

Administrative Officer

Compliance Officer

Sales Manager

Business Development Manager

Operations Manager

Finance Manager

Risk Manager

Contract Administrator

Corporate Secretary

Automotive Sales Executive

Legal Administrator

Transportation Manager

Industries
Indonesian Civil Code (KUH Perdata): Provides the fundamental legal framework for contracts and sales agreements, including requirements for valid contracts and transfer of ownership
Law No. 22 of 2009 on Traffic and Road Transportation: Regulates motor vehicle registration, ownership transfer requirements, and general provisions regarding vehicle documentation
Government Regulation No. 55 of 2012 on Vehicles: Details specific requirements for vehicle documentation, technical specifications, and ownership transfer procedures
Law No. 8 of 1999 on Consumer Protection: Ensures consumer rights and protections in purchase transactions, including vehicle sales
Minister of Police Regulation No. 5 of 2012: Specifies requirements for vehicle registration certificates (STNK) and procedures for ownership transfer registration
Law No. 42 of 2009 on Value Added Tax: Governs the taxation aspects of vehicle sales transactions, including VAT obligations
Government Regulation No. 50 of 2010: Regulates the types and tariffs of Non-Tax State Revenue applicable to the Indonesian National Police, including fees for vehicle ownership transfer
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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