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Contract Of Sale Of Motor Vehicle
"I need a Contract of Sale of Motor Vehicle for selling my personal Toyota Land Cruiser to a private buyer in Riyadh, with payment to be made in two installments, the second payment due by March 15, 2025, and including a 7-day inspection period."
1. Parties: Identification of the seller and buyer with full legal names, national ID numbers/iqama numbers, and contact details as required by Saudi regulations
2. Background: Brief context of the sale transaction and confirmation that the seller is the legitimate owner of the vehicle
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Transfer Date', etc.
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, license plate number, and current odometer reading
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and absence of encumbrances
7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through Muroor (Traffic Department)
8. Condition of Vehicle: Statement of vehicle's current condition, known defects, and recent maintenance history
9. Seller's Obligations: Responsibilities of the seller including document provision and assistance with transfer process
10. Buyer's Obligations: Responsibilities of the buyer including payment, insurance, and registration requirements
11. Risk and Insurance: Transfer of risk and insurance responsibilities
12. Governing Law: Confirmation that the agreement is governed by Saudi law and Sharia principles
1. Inspection Period: Used when buyer requires a period to inspect and test the vehicle before finalizing the purchase
2. Financing Terms: Include when purchase involves financing or installment payments
3. Warranty Extension: Used when seller provides additional warranty beyond basic representations
4. Trade-in Terms: Include when transaction involves a vehicle trade-in
5. Agent Authorization: Required when either party is acting through an authorized representative
6. Post-Sale Services: Include when seller agrees to provide maintenance or other services after sale
7. Dispute Resolution: Optional detailed dispute resolution process beyond standard court jurisdiction
1. Schedule 1 - Vehicle Inspection Report: Detailed technical inspection report from authorized service center
2. Schedule 2 - Vehicle History: Documentation of vehicle's maintenance history and previous ownership
3. Schedule 3 - Payment Schedule: If payment is in installments, detailed payment schedule with dates and amounts
4. Schedule 4 - Vehicle Registration Documents: Copies of current registration card and other official documentation
5. Schedule 5 - Vehicle Photographs: Dated photographs showing vehicle condition at time of sale
6. Schedule 6 - Handover Checklist: List of items to be handed over with vehicle (spare keys, service books, etc.)
7. Appendix A - Required Transfer Documents: List of documents required by Muroor for ownership transfer
Authors
Vehicle
Purchase Price
Completion Date
Transfer Date
Effective Date
Seller
Buyer
Parties
Registration Documents
Traffic Department
Muroor
Vehicle Identification Number
Registration Card
Insurance Policy
Warranty Period
Defects
Encumbrances
Payment Terms
Handover Date
Inspection Period
Authorized Representative
Force Majeure
Business Day
Outstanding Liabilities
Transfer Fees
Registration Fees
Maintenance Records
Service History
Odometer Reading
Sale Certificate
Deposit
Balance Payment
Warranties
Technical Inspection
Governing Law
Working Hours
Delivery Location
Vehicle Documents
Payment Method
Sale and Purchase
Vehicle Description
Price and Payment
Transfer of Title
Representations and Warranties
Vehicle Condition
Delivery
Registration and Documentation
Insurance
Inspection
Seller's Obligations
Buyer's Obligations
Risk Transfer
Warranties
Defects
Termination
Force Majeure
Governing Law
Dispute Resolution
Entire Agreement
Amendments
Notices
Assignment
Severability
Costs and Expenses
Compliance with Laws
Indemnification
Signature and Execution
Automotive
Transportation
Fleet Management
Legal Services
Insurance
Financial Services
Vehicle Leasing
Logistics
Car Rental
Automotive Retail
Corporate Services
Legal
Procurement
Sales
Operations
Administrative
Compliance
Risk Management
Fleet Management
Corporate Services
Finance
Business Development
Legal Counsel
Fleet Manager
Procurement Manager
Sales Manager
Automotive Sales Executive
Corporate Services Manager
Risk Manager
Compliance Officer
Operations Manager
Administrative Officer
Legal Administrator
Contract Manager
Vehicle Fleet Coordinator
Business Development Manager
Finance Manager
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