Deed Of Sale Of Motor Cycle Template for Saudi Arabia

The Deed of Sale of Motor Cycle is a crucial legal document used in Saudi Arabia to formalize and document the sale and purchase of motorcycles. It serves as the primary instrument for transferring motorcycle ownership and is required by the Saudi Traffic Department for official registration changes. The deed must comply with both Saudi civil law and Sharia principles, containing detailed information about the motorcycle, parties involved, and terms of sale. It's commonly used in both private sales and commercial transactions through dealerships, providing legal protection for both parties and meeting regulatory requirements. The document includes essential elements such as vehicle specifications, price, payment terms, and warranties, while also incorporating necessary provisions for Saudi Arabian jurisdiction compliance.

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and ID numbers as required by Saudi law

2. Background: Brief context of the sale and confirmation that the Seller is the legal owner of the motorcycle

3. Definitions: Key terms used in the deed including 'Vehicle', 'Purchase Price', 'Transfer Date', etc.

4. Vehicle Details: Comprehensive description of the motorcycle including make, model, year, color, engine number, chassis number, and registration details

5. Sale and Purchase: Core terms of the sale including purchase price, payment method, and transfer of ownership

6. Seller's Representations: Seller's warranties about ownership, condition, and legal status of the motorcycle

7. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the motorcycle's condition

8. Transfer Process: Steps for completing the ownership transfer at the Traffic Department

9. Governing Law: Confirmation that the deed is governed by Saudi Arabian law and Sharia principles

10. Execution: Signature block and witness requirements as per Saudi law