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Private Car Sale Purchase Agreement
I need a Private Car Sale Purchase Agreement for selling my 2020 Toyota Corolla in Lahore, Pakistan, with full payment in cash and immediate registration transfer to be completed by January 15, 2025.
1. Parties: Identification and details of the seller and buyer, including full names, CNICs, addresses, and contact information
2. Background: Brief context of the sale, identifying the vehicle being sold and the parties' intention to enter into the agreement
3. Definitions: Key terms used throughout the agreement, including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Sale and Purchase: Core agreement for the sale and purchase of the vehicle, including the specific details of the transaction
5. Purchase Price: The agreed price for the vehicle and payment terms
6. Seller's Warranties: Seller's declarations regarding vehicle ownership, condition, accidents, modifications, and outstanding liabilities
7. Buyer's Warranties: Buyer's declarations regarding capacity to purchase and compliance with payment terms
8. Completion Requirements: Steps to be taken at completion, including documentation, payment, and vehicle handover
9. Registration and Transfer: Process and responsibilities for transferring vehicle registration to the buyer
10. Representations: Both parties' representations regarding their legal capacity and authority to enter into the agreement
11. Governing Law: Specification that the agreement is governed by Pakistan law and relevant jurisdiction
1. Installment Payment Terms: Detailed payment schedule when purchase price is paid in installments
2. Inspection Period: Terms for a pre-completion inspection period if buyer requests vehicle examination
3. Third Party Rights: Addressing any existing third-party interests or claims on the vehicle
4. Insurance: Provisions regarding transfer or procurement of insurance coverage
5. Dispute Resolution: Specific procedures for resolving disputes, including mediation or arbitration
6. Force Majeure: Provisions for unforeseen circumstances preventing completion
7. Joint Ownership: Additional terms when the vehicle will be jointly owned by multiple buyers
1. Schedule 1 - Vehicle Details: Complete specifications of the vehicle including make, model, year, color, engine number, chassis number, registration number, and mileage
2. Schedule 2 - Vehicle Condition Report: Detailed report of the vehicle's current condition, including any existing damage or issues
3. Schedule 3 - Required Documents: List of all documents required for transfer, including registration book, tax certificates, and previous maintenance records
4. Schedule 4 - Payment Schedule: If applicable, detailed breakdown of installment payments with dates and amounts
5. Appendix A - Vehicle Photographs: Recent photographs of the vehicle showing its current condition from multiple angles
6. Appendix B - Maintenance History: Service history and maintenance records of the vehicle
Authors
Vehicle
Seller
Buyer
Purchase Price
Completion Date
Completion
Transfer Documents
Registration Documents
Encumbrance
Vehicle Identification Number (VIN)
Registration Book
Motor Vehicle Authority
Delivery Location
Payment Date
Deposit
Balance Payment
Warranties
Roadworthiness Certificate
Transfer Letter
Excise Department
Insurance Policy
Witness
Force Majeure Event
Effective Date
Business Day
Liability
Default
Inspection Period
Title Documents
Transfer Fee
Stamp Duty
No Objection Certificate
Token Tax
Outstanding Dues
Sale and Purchase
Purchase Price
Payment Terms
Completion
Delivery
Title Transfer
Seller Warranties
Buyer Warranties
Vehicle Condition
Registration Transfer
Insurance
Representations
Indemnification
Tax Obligations
Default
Termination
Force Majeure
Notices
Assignment
Entire Agreement
Severability
Amendment
Governing Law
Dispute Resolution
Costs
Further Assurance
Automotive
Transportation
Fleet Management
Insurance
Banking and Finance
Legal Services
Real Estate
Construction
Logistics
Retail
Legal
Administration
Procurement
Operations
Finance
Compliance
Risk Management
Fleet Operations
Documentation
Asset Management
Legal Counsel
Fleet Manager
Procurement Manager
Administrative Officer
Compliance Officer
Risk Manager
Operations Manager
Finance Manager
Legal Administrator
Company Secretary
Business Owner
Transportation Manager
Asset Manager
Documentation Specialist
Legal Assistant
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