Deed Of Sale Of Motor Vehicle Form for India

Deed Of Sale Of Motor Vehicle Form Template for India

A comprehensive legal document governed by Indian law that formally records and effectuates the transfer of ownership of a motor vehicle from one party to another. This deed complies with the requirements of the Motor Vehicles Act, 1988, and relevant state RTO regulations, documenting essential details including vehicle specifications, consideration amount, warranties, and ownership transfer terms. The document serves as legal proof of sale and is crucial for the subsequent registration transfer process at the Regional Transport Office.

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What is a Deed Of Sale Of Motor Vehicle Form?

The Deed of Sale of Motor Vehicle Form is a legally binding document used in India to formalize and document the transfer of ownership of a motor vehicle. This document is essential for any vehicle sale transaction, whether between private individuals or corporate entities, and must comply with the Motor Vehicles Act, 1988, state RTO regulations, and general contract law principles. The deed captures crucial information including detailed vehicle specifications, seller and buyer information, consideration amount, warranties about vehicle condition and ownership, and terms of transfer. It serves as the primary evidence of the transaction and is required for the RTO registration transfer process. The document should be properly stamped as per state stamp duty requirements and typically requires witness attestation. It's particularly important as it protects both parties' interests and helps prevent future disputes regarding the sale transaction.

What sections should be included in a Deed Of Sale Of Motor Vehicle Form?

1. Parties: Details of the seller and purchaser including full names, addresses, age, and ID proof details

2. Background: Brief context about the vehicle ownership and intention to sell

3. Definitions: Definitions of key terms used in the deed

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

5. Consideration: Purchase price and payment terms

6. Seller's Representations and Warranties: Declarations regarding vehicle ownership, absence of encumbrances, vehicle condition, and legal right to sell

7. Transfer of Ownership: Clear statement of transfer of title and ownership from seller to purchaser

8. Delivery and Registration: Terms regarding physical delivery of vehicle and cooperation in registration transfer process

9. Documentation: List of documents being handed over (RC book, insurance papers, etc.)

10. Governing Law: Specification that the deed is governed by Indian law

11. Execution: Signing and witnessing details

What sections are optional to include in a Deed Of Sale Of Motor Vehicle Form?

1. Outstanding Loans: Required when there are existing loans on the vehicle that need to be addressed

2. Multiple Owners: Required when the vehicle is jointly owned and all owners need to consent

3. Insurance Transfer: Details about transfer or termination of existing insurance policy

4. Vehicle Condition Report: Detailed description of vehicle condition, useful for high-value vehicles or when specifically requested

5. Indemnification: Additional protection for buyer/seller regarding future claims

6. Service History: Details of vehicle maintenance and service history, recommended for premium vehicles

7. Dispute Resolution: Specific procedures for handling disputes, recommended for high-value transactions

What schedules should be included in a Deed Of Sale Of Motor Vehicle Form?

1. Schedule A - Vehicle Photographs: Photographs of the vehicle from different angles showing its current condition

2. Schedule B - Document List: Detailed list of all documents being transferred with the vehicle

3. Schedule C - Payment Schedule: If payment is to be made in installments, details of payment terms

4. Appendix 1 - Vehicle Inspection Report: Third-party inspection report if available

5. Appendix 2 - Service Records: Copies of service history and maintenance records

6. Appendix 3 - Insurance Documents: Copies of current insurance policy and claims history

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

Jurisdiction

India

Publisher

Genie AI

Document Type

Sales Contract

Sector

Sales

Cost

Free to use
Relevant Industries

Automotive

Transportation

Fleet Management

Logistics

Car Rental

Taxi Services

Corporate Services

Insurance

Banking & Finance

Legal Services

Used Car Dealership

Public Transportation

E-commerce (automotive)

Relevant Teams

Legal

Operations

Administration

Compliance

Fleet Management

Procurement

Risk Management

Documentation

Transport Operations

Corporate Services

Vehicle Management

Contract Administration

Relevant Roles

Legal Counsel

Fleet Manager

Transport Manager

Administrative Officer

Compliance Officer

Corporate Secretary

Operations Manager

Procurement Manager

Vehicle Administrator

Risk Manager

Documentation Specialist

Legal Administrator

Contract Manager

Automotive Sales Manager

RTO Liaison Officer

Finance Manager

Insurance Coordinator

Industries
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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