Deed Of Sale Of Motorcycle Vehicle Template for Indonesia

The Deed Of Sale Of Motorcycle Vehicle is a crucial legal document used in Indonesia when transferring motorcycle ownership from one party to another. It is required under Indonesian law to properly document the sale transaction and facilitate the official transfer of registration with the police department (POLRI). This document should be used whenever a motorcycle is being sold, whether between private individuals or through a dealership. The deed includes essential details such as the vehicle specifications, parties' information, purchase price, warranties, and transfer conditions. It ensures compliance with Indonesian Civil Code requirements and transportation regulations, particularly Law No. 22 of 2009. The document may require notarization depending on the value of the transaction and local requirements, making it a formal record of the ownership transfer that can protect both parties' interests in case of future disputes.

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

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

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

4. Vehicle Details: Complete specification of the motorcycle including make, model, year, color, engine number, chassis number, and license plate number

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

6. Seller's Warranties: Seller's declarations regarding ownership, condition of the vehicle, and absence of liens or encumbrances

7. Transfer Process: Steps for completing the ownership transfer including registration requirements and documentation

8. Costs and Taxes: Allocation of transfer costs, taxes, and administrative fees between parties

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

10. Execution: Signature block with space for parties' signatures, witnesses, and notary seal