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1. Parties: Identification of the seller and buyer with complete details including name, address, and registration/license numbers for businesses
2. Background: Brief context of the sale transaction and confirmation that the seller is the legal owner of the vehicle
3. Definitions: Key terms used in the document including 'Vehicle', 'Purchase Price', 'Delivery Date', etc.
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, and engine number
5. Sale Consideration: Purchase price, payment terms, and payment method details
6. Seller's Representations: Warranties regarding vehicle ownership, encumbrances, and condition
7. Transfer of Title: Terms of ownership transfer and responsibility for registration transfer at RTO
8. Delivery Terms: Details of vehicle delivery including location, date, and handover process
9. Taxes and Fees: Responsibility for various taxes, transfer fees, and RTO charges
10. Execution: Signature blocks, witness details, and execution date
1. Condition Report: Detailed description of vehicle condition, recommended when selling used vehicles
2. Insurance Transfer: Terms for transferring existing insurance, if applicable
3. Maintenance Records: Reference to maintenance history, important for premium or specialized vehicles
4. Financing Terms: Include when the purchase involves financing or installment payments
5. Indemnification: Additional protection clauses for high-value commercial vehicles
6. Dispute Resolution: Specific dispute resolution mechanisms, recommended for high-value transactions
7. Governing Law: Specific jurisdiction details, important for inter-state transactions
1. Schedule A - Vehicle Specifications: Detailed technical specifications of the vehicle
2. Schedule B - Equipment List: List of additional equipment, tools, or accessories included in the sale
3. Schedule C - Condition Report: Detailed inspection report with photographs and condition assessment
4. Schedule D - Service History: Maintenance and repair records of the vehicle
5. Schedule E - Payment Schedule: If payment is in installments, detailed payment timeline
6. Appendix 1 - Required Documents: Checklist of documents required for RTO transfer
7. Appendix 2 - Handover Checklist: List of items to be checked during physical handover of vehicle
Commercial Vehicle
Seller
Buyer
Purchase Price
Effective Date
Delivery Date
Registration Certificate
RTO
Vehicle Identification Number
Engine Number
Chassis Number
Encumbrances
Transfer Documents
Sale Proceeds
GST
Completion Date
Authorized Representative
Registration Charges
Road Tax
Insurance Policy
Fitness Certificate
Permit
Loading Capacity
Maintenance Records
Outstanding Liabilities
Transfer Fees
Business Day
Applicable Law
Force Majeure
Vehicle Documents
Handover Protocol
Payment Terms
Warranty Period
Default
Material Adverse Change
Inspection Report
Completion Certificate
Sale and Purchase
Consideration
Payment Terms
Transfer of Title
Representations and Warranties
Vehicle Condition
Delivery
Registration and Compliance
Insurance
Taxes and Fees
Seller's Obligations
Buyer's Obligations
Risk and Possession
Documentation
Indemnification
Force Majeure
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Assignment
Amendments
Third Party Rights
Termination
Confidentiality
Costs and Expenses
Further Assurance
Counterparts
Transportation
Logistics
Fleet Management
Automotive
Construction
Manufacturing
Agriculture
Retail Distribution
Waste Management
Mining
Oil & Gas
E-commerce Fulfillment
Legal
Operations
Fleet Management
Procurement
Finance
Compliance
Administration
Sales
Asset Management
Documentation
Transport Operations
Fleet Manager
Transport Manager
Procurement Manager
Operations Director
Logistics Coordinator
Commercial Vehicle Sales Representative
Legal Counsel
Compliance Officer
Finance Manager
Asset Manager
Business Owner
Administrative Officer
Transport Supervisor
Vehicle Documentation Specialist
RTO Liaison Officer
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