The Auto Sales Agreement is a crucial document used in Malta for documenting the transfer of ownership of motor vehicles between parties. It is designed to comply with Malta's legal requirements, including the Consumer Affairs Act, Motor Vehicles Registration and Licensing Act, and relevant EU directives. This agreement is essential for both private sales and commercial transactions through dealerships, providing a legally binding framework that covers vehicle specifications, payment terms, warranties, and transfer procedures. The document includes mandatory disclosures required under Maltese law, addresses VAT implications, and incorporates consumer protection provisions. It can be customized for various scenarios, including private sales, dealer sales, and transactions involving financing or trade-ins, while maintaining compliance with Malta's regulatory requirements as an EU member state.

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and ID numbers as required by Maltese law

2. Background: Brief context of the transaction and confirmation that the Seller owns the vehicle and has the right to sell it

3. Definitions: Definitions of key terms used throughout the agreement, including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, VIN, registration number, mileage, and any modifications

5. Purchase Price and Payment: Agreed purchase price, payment method, deposit requirements, and payment schedule if applicable

6. Seller's Representations and Warranties: Seller's confirmations regarding vehicle ownership, condition, absence of liens, and compliance with Maltese regulations

7. Transfer of Ownership: Process and timing for transferring vehicle ownership, including registration requirements under Maltese law

8. Completion Requirements: Actions required by each party to complete the sale, including documentation and registration procedures

9. Risk and Insurance: Point at which risk transfers to the Buyer and insurance requirements

10. Governing Law and Jurisdiction: Confirmation that Maltese law governs the agreement and Maltese courts have jurisdiction

11. Execution: Signature blocks for all parties and witnesses as required under Maltese law