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1. Parties: Identification of the seller and buyer with full legal names, addresses, and contact information
2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle
3. Definitions: Key terms used in the document including 'Vehicle', 'Purchase Price', 'Effective Date', etc.
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, mileage, and registration number
5. Purchase Price: Agreed purchase price, payment terms, and confirmation of payment received
6. Seller's Representations: Seller's warranties regarding vehicle ownership, absence of liens, and vehicle condition
7. Transfer of Title: Clear statement of ownership transfer from seller to buyer
8. Odometer Disclosure: Declaration of the vehicle's mileage at time of sale
9. As-Is Condition: Statement that the vehicle is sold 'as-is' without warranties unless specifically stated
10. Governing Law: Specification that Nigerian law governs the agreement
11. Signatures: Space for dated signatures of both parties and witnesses
1. Warranty Terms: Used when the seller is providing specific warranties on the vehicle condition or performance
2. Payment Plan: Required when the purchase price is to be paid in installments rather than as a lump sum
3. Trade-In Details: Included when another vehicle is being traded as part of the transaction
4. Third-Party Liens: Required when there are existing liens that need to be addressed in the sale
5. Import Documentation: Necessary for imported vehicles requiring proof of legal importation and duty payment
6. Power of Attorney: Included when either party is acting through an authorized representative
1. Schedule A - Vehicle Inspection Report: Detailed report of the vehicle's condition at time of sale
2. Schedule B - Vehicle Service History: Documentation of maintenance and repairs
3. Schedule C - Payment Schedule: If applicable, breakdown of installment payments
4. Appendix 1 - Vehicle Registration Documents: Copies of current registration and licensing documents
5. Appendix 2 - Vehicle Insurance Certificate: Copy of valid insurance documentation
6. Appendix 3 - Photographs: Date-stamped photographs of the vehicle showing condition at time of sale
Vehicle
Purchase Price
Effective Date
Closing Date
Seller
Buyer
Registration Documents
Certificate of Title
Vehicle Identification Number
Odometer Reading
As-Is Condition
Warranties
Encumbrances
Liens
Bill of Sale
Consideration
Transfer Documents
Insurance Certificate
Road Worthiness Certificate
Proof of Ownership
Registration Number
Engine Number
Chassis Number
Payment Terms
Witness
Force Majeure
Governing Law
Customs Documentation
Vehicle Accessories
Vehicle Description
Purchase Price
Payment Terms
Transfer of Title
Seller Representations and Warranties
Vehicle Condition
As-Is Sale
Odometer Disclosure
Seller's Obligations
Buyer's Obligations
Vehicle Registration
Insurance Requirements
Risk Transfer
Customs and Import Compliance
Dispute Resolution
Governing Law
Force Majeure
Indemnification
Entire Agreement
Severability
Amendments
Notices
Assignment
Counterparts
Witness Requirements
Automotive
Transportation
Fleet Management
Car Dealership
Legal Services
Insurance
Financial Services
Logistics
Corporate Services
Private Transportation
Legal
Procurement
Sales
Administration
Compliance
Operations
Fleet Management
Risk Management
Documentation
Finance
Vehicle Registration
Contract Management
Fleet Manager
Legal Counsel
Procurement Officer
Sales Manager
Administrative Officer
Compliance Officer
Vehicle Registration Officer
Business Owner
Operations Manager
Contract Administrator
Auto Dealer
Risk Manager
Documentation Specialist
Transportation Coordinator
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