Motor Vehicle Sale Agreement Template for Indonesia

The Motor Vehicle Sale Agreement is a crucial legal document used in Indonesia for documenting the transfer of ownership of motor vehicles between parties. It is essential for both private and commercial transactions, ensuring compliance with Indonesian civil code, consumer protection laws, and vehicle registration regulations. This agreement should be used whenever a motor vehicle is being sold, whether between private individuals, through dealerships, or in commercial fleet transactions. The document includes comprehensive details about the vehicle, parties involved, purchase price, payment terms, warranties, and the specific requirements for transferring vehicle ownership documents (BPKB and STNK) under Indonesian law. It provides legal protection for both buyers and sellers while ensuring the transaction meets all regulatory requirements for vehicle ownership transfer in Indonesia.

1. Parties: Identification of the Seller and Buyer with complete legal names and addresses

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of the vehicle including make, model, year, color, engine number, chassis number, and registration number

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

6. Transfer of Ownership: Process and obligations regarding the transfer of vehicle ownership documents (BPKB and STNK)

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

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

9. Delivery: Terms and conditions for vehicle handover including timing and location

10. Documentation and Registration: Requirements for ownership transfer documentation and registration procedures

11. Risk and Insurance: Transfer of risk and insurance responsibilities

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

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

14. Notices: Method and addresses for formal communications between parties

15. Execution: Signature blocks and execution requirements