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1. Parties: Details of the seller and buyer including full names, addresses, and contact information
2. Background: Brief context of the transaction and confirmation of seller's ownership
3. Definitions: Key terms used in the document defined for clarity
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN/chassis number, registration number, and odometer reading
5. Sale Price and Payment: The agreed purchase price and payment terms, including method of payment and confirmation of receipt
6. Seller's Representations: Seller's declarations regarding vehicle ownership, liens, encumbrances, and condition
7. Transfer of Title: Clear statement of transfer of ownership from seller to buyer
8. Delivery: Details of when and where the vehicle will be delivered to the buyer
9. Documentation: List of documents being transferred with the vehicle (registration certificate, insurance papers, etc.)
10. Governing Law: Specification that the agreement is governed by Indian law
11. Signatures: Space for parties' signatures, witnesses, and date of execution
1. Condition of Vehicle: Detailed description of the vehicle's current condition, including any known defects or damage - used when selling as-is or for older vehicles
2. Warranty: Any warranties or guarantees provided by the seller - used when seller is providing specific assurances about the vehicle's condition
3. Payment Installments: Schedule of payments if the purchase price is to be paid in installments - used for payment plan arrangements
4. Third Party Authorization: Authorization details if either party is acting through a representative - used when parties cannot be present in person
5. Insurance Transfer: Details about transfer or termination of existing insurance - used when existing insurance policy needs to be addressed
6. Outstanding Loans: Declaration and handling of any outstanding loans on the vehicle - used when vehicle has existing financing
7. Indemnification: Specific indemnity provisions - used in cases where additional protection is needed for either party
1. Schedule A - Vehicle Inspection Report: Detailed inspection report of the vehicle's condition, including photographs and noted defects
2. Schedule B - Service History: Complete service history and maintenance records of the vehicle
3. Schedule C - Accessories List: Itemized list of all accessories and additional features included in the sale
4. Schedule D - Payment Terms: Detailed payment schedule if involving installments or multiple payment methods
5. Appendix 1 - Vehicle Documents: Copies of registration certificate, insurance documents, and other relevant paperwork
6. Appendix 2 - Previous Owner History: Documentation of previous ownership and transfer history
Seller
Buyer
Purchase Price
Delivery Date
Effective Date
Registration Certificate
Certificate of Insurance
RTO
Encumbrance
Accessories
Transfer Documents
Registration Number
Chassis Number
Engine Number
Odometer Reading
PUC Certificate
Road Tax
Insurance Policy
Sale Proceeds
Delivery Location
Vehicle Documents
Transfer Fee
NOC
Authorized Representative
Witness
Force Majeure
Material Defect
Governing Law
Jurisdiction
Liens
Outstanding Dues
Service History
Warranties
As-Is Condition
Sale and Purchase
Consideration
Transfer of Title
Vehicle Description
Representations and Warranties
Delivery
Payment Terms
Documentation
Registration and Compliance
Insurance
Condition of Vehicle
Indemnification
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Assignment
Notices
Third Party Rights
Amendments
Counterparts
Signature and Witnessing
Automotive
Transportation
Retail
Insurance
Banking & Finance
Legal Services
Government & Public Sector
Fleet Management
Used Car Market
Luxury Goods
Legal
Compliance
Finance
Procurement
Sales
Administration
Operations
Risk Management
Asset Management
Documentation
Corporate Services
Legal Counsel
Compliance Officer
Fleet Manager
Procurement Manager
Sales Manager
Administrative Officer
Finance Manager
Insurance Coordinator
Vehicle Registration Officer
Corporate Secretary
Risk Manager
Operations Manager
Documentation Specialist
Legal Administrator
Asset Manager
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