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Deed Of Sale For Car
"I need a Deed of Sale for Car in Saudi Arabia for selling my personal Toyota Camry to a private buyer, with full payment to be made in cash at the time of transfer, and the handover scheduled for March 15, 2025."
1. Parties: Identification of the seller and buyer with complete details including full names, ID numbers, addresses, and contact information as per Saudi requirements
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, registration number, and current odometer reading
5. Sale and Purchase: Core terms of the sale including the purchase price, payment terms, and explicit statement of transfer of ownership
6. Seller's Warranties: Seller's declarations regarding the vehicle's condition, ownership, and absence of encumbrances
7. Transfer of Title: Process and obligations for transferring vehicle ownership in the traffic department records
8. Payment Terms: Details of the payment method, timing, and confirmation of receipt
9. Handover: Specifics about the physical handover of the vehicle and related documents
10. Governing Law: Confirmation that the deed is governed by Saudi law and Sharia principles
11. Execution: Signature requirements and execution formalities
1. Vehicle Condition Report: Detailed description of the vehicle's current condition and any known issues - recommended for used vehicles
2. Installment Payment Terms: Include when the purchase price is to be paid in installments, detailing payment schedule and conditions
3. Third Party Approval: Required when the vehicle has an existing loan or requires bank approval for transfer
4. Insurance Transfer: Terms regarding the transfer or termination of existing insurance policies
5. Warranty Transfer: Details of any manufacturer warranty transfer if the vehicle is still under warranty
6. Agent Authorization: Include when either party is represented by an authorized agent
7. Language: Include when the deed is bilingual (Arabic/English) to specify which version prevails
1. Vehicle Inspection Report: Technical inspection report from an authorized center
2. Vehicle Registration Card: Copy of current registration card (istimara)
3. Ownership History: Document showing the vehicle's ownership and accident history
4. Payment Schedule: If installment payments are agreed, detailed schedule of payment dates and amounts
5. Photographs: Recent photographs of the vehicle showing its current condition
6. Service History: Documentation of vehicle maintenance and service history
Authors
Vehicle
Purchase Price
Completion Date
Effective Date
Seller
Buyer
Party/Parties
Transfer Date
Registration Documents
Istimara
Traffic Department
Vehicle Documentation
Encumbrances
Vehicle Identification Number (VIN)
Warranties
Handover Date
Payment Terms
Force Majeure
Business Day
Governing Law
Inspection Report
Transfer Fees
Outstanding Liabilities
Authorized Representative
Vehicle Condition
Service History
Registration Card
Insurance Policy
Maintenance Records
Sale and Purchase
Purchase Price
Payment Terms
Vehicle Description
Title Transfer
Warranties and Representations
Vehicle Condition
Delivery and Acceptance
Registration and Documentation
Seller's Obligations
Buyer's Obligations
Insurance
Risk and Title
Governing Law
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Severability
Assignment
Amendments
Costs and Expenses
Representations
Third Party Rights
Compliance with Laws
Language
Execution
Automotive
Banking and Finance
Insurance
Legal Services
Transportation
Retail
Fleet Management
Vehicle Leasing
Auto Dealerships
Public Transportation
Legal
Compliance
Fleet Management
Sales
Administration
Contract Management
Risk Management
Operations
Finance
Procurement
Asset Management
Document Control
Legal Counsel
Compliance Officer
Fleet Manager
Sales Manager
Administrative Officer
Contract Administrator
Risk Manager
Vehicle Registration Officer
Documentation Specialist
Corporate Secretary
Procurement Manager
Asset Manager
Operations Manager
Finance Manager
Legal Administrator
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