Car Purchase And Sale Agreement Template for Nigeria

1. Parties: Identification and details of the seller and buyer, including full names, addresses, and contact information

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

4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, VIN/chassis number, engine number, and current mileage

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

6. Transfer of Ownership: Terms and process for transferring vehicle ownership, including documentation requirements

7. Seller's Representations and Warranties: Seller's declarations about the vehicle's condition, ownership, and absence of encumbrances

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

9. Completion of Sale: Details of when and where the vehicle handover will occur

10. Registration and Documentation: Requirements for transfer of registration and necessary documentation

11. Risk and Insurance: Transfer of risk and insurance responsibilities

12. Governing Law: Confirmation that Nigerian law governs the agreement

13. Dispute Resolution: Process for handling any disputes arising from the agreement

14. Execution: Signature blocks and execution requirements

1. Schedule 1 - Vehicle Condition Report: Detailed report of the vehicle's condition, including photographs and noted defects

2. Schedule 2 - Vehicle Registration Documents: Copies of current registration documents and proof of ownership

3. Schedule 3 - Service History: Documentation of vehicle maintenance and repair history

4. Schedule 4 - Payment Schedule: If applicable, detailed breakdown of installment payments

5. Schedule 5 - Insurance Documents: Copies of relevant insurance documentation

6. Appendix A - Vehicle Inspection Certificate: Recent roadworthiness certificate or inspection report

7. Appendix B - Customs Documentation: For imported vehicles, relevant customs clearance documents