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Deed Of Sale Of Motor Vehicle With Franchise

Deed Of Sale Of Motor Vehicle With Franchise Template for Saudi Arabia

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Deed Of Sale Of Motor Vehicle With Franchise

"I need a Deed of Sale of Motor Vehicle with Franchise for selling a new 2025 Mercedes-Benz GLE 450 through our authorized dealership in Riyadh, with bank financing provisions and extended warranty package to be included in the agreement."

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Document background
The Deed Of Sale Of Motor Vehicle With Franchise is a specialized legal instrument used in Saudi Arabia when transferring ownership of a vehicle through authorized franchise dealerships. This document is essential for ensuring compliance with Saudi Arabian commercial law, traffic regulations, and franchise requirements while protecting all parties' interests. It becomes necessary when a franchised dealer sells new or certified pre-owned vehicles, incorporating manufacturer warranties, dealer guarantees, and franchise-specific obligations. The deed must comply with Islamic Sharia principles and includes comprehensive details about the vehicle, payment terms, ownership transfer procedures, and warranty provisions. It's particularly important in the Saudi Arabian context where franchise relationships in the automotive sector are strictly regulated and require specific documentation for legal validity.
Suggested Sections

1. Parties: Identification of the Seller (Franchise Dealer) and Buyer, including full legal names, addresses, and commercial registration details

2. Background: Context of the sale, including the Seller's authority to sell under the franchise agreement

3. Definitions: Key terms used throughout the deed, including technical vehicle terms and franchise-specific terminology

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, mileage, and specifications

5. Sale and Purchase: Core agreement terms regarding the sale and purchase of the vehicle

6. Purchase Price and Payment: Details of the purchase price, payment terms, and VAT implications

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership in accordance with Saudi traffic laws

8. Warranties and Representations: Standard and franchise-specific warranties, including manufacturer warranties and dealer guarantees

9. Delivery: Terms and conditions for vehicle delivery, including timing and location

10. Risk and Insurance: Transfer of risk and insurance requirements

11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and relevant jurisdiction

Optional Sections

1. Financing Terms: Include when the purchase involves financing arrangements

2. Trade-in Provisions: Include when there is a trade-in vehicle involved in the transaction

3. Extended Warranty: Include when additional warranty packages are being purchased

4. After-Sales Service: Include when specific after-sales service agreements are part of the deal

5. Modifications: Include when the vehicle includes custom modifications or additional features

6. Import Provisions: Include for imported vehicles requiring specific documentation

7. Language: Include when document is bilingual Arabic/English to specify prevailing language

Suggested Schedules

1. Vehicle Specification Sheet: Detailed technical specifications of the vehicle

2. Warranty Certificate: Manufacturer's and dealer's warranty terms and conditions

3. Pre-Delivery Inspection Report: Detailed inspection report of vehicle condition before delivery

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

5. Franchise Dealer Authorization: Proof of dealer's authority under the franchise agreement

6. Vehicle Registration Documents: Copies of relevant registration and ownership documents

7. Insurance Documentation: Details of insurance coverage and requirements

8. Service Schedule: Manufacturer's recommended service schedule and maintenance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Authorized Dealer
Business Day
Buyer
Completion Date
Confidential Information
Dealer's Premises
Delivery Date
Deposit
Effective Date
Encumbrance
Force Majeure
Franchise
Franchise Agreement
Franchise Principal
Franchise Territory
Intellectual Property Rights
Manufacturer
Manufacturer's Warranty
Motor Vehicle
Optional Extras
Outstanding Balance
Payment Schedule
Purchase Price
Registration Documents
Regulatory Authority
SASO Standards
Saudi Traffic Department
Seller
Service Records
Specifications
Technical Documentation
Title Documents
Trade-in Vehicle
Transfer Date
VAT
Vehicle
Vehicle Identification Number
Vehicle Registration
Warranty Period
Zakat
Clauses
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Delivery
Transfer of Title
Warranties and Representations
Vehicle Condition
Franchise Obligations
Registration and Documentation
Insurance
Risk Transfer
Taxes and Duties
Indemnification
Force Majeure
Confidentiality
Data Protection
Anti-Money Laundering
Regulatory Compliance
Islamic Compliance
Vehicle Specifications
After-Sales Service
Manufacturer Warranties
Dealer Warranties
Inspection Rights
Return Policy
Dispute Resolution
Governing Law
Notices
Assignment
Severability
Entire Agreement
Amendment
Third Party Rights
Counterparts
Relevant Industries

Automotive

Retail

Franchising

Transportation

Insurance

Financial Services

Legal Services

Vehicle Registration Services

Relevant Teams

Legal

Sales

Compliance

Finance

Documentation

Customer Service

After-Sales

Risk Management

Business Development

Vehicle Registration

Warranty Administration

Relevant Roles

Franchise Manager

Sales Manager

Legal Counsel

Compliance Officer

Automotive Finance Manager

Sales Executive

Dealer Principal

Contract Administrator

Documentation Specialist

Vehicle Registration Officer

Customer Service Manager

After-Sales Manager

Business Development Manager

Risk Management Officer

Industries
Saudi Traffic Law (Royal Decree No. M/85): Governs vehicle registration, transfer of ownership, and technical specifications requirements for vehicles in Saudi Arabia
Commercial Court Law (Royal Decree No. M/32): Provides the general framework for commercial transactions and contracts in Saudi Arabia
Commercial Agencies Law (Royal Decree No. M/11): Regulates franchise and agency relationships in Saudi Arabia, including automotive dealerships and franchises
Anti-Commercial Fraud Law (Royal Decree No. M/19): Ensures protection against fraudulent practices in commercial transactions, including vehicle sales
Competition Law (Royal Decree No. M/75): Regulates fair competition practices and prevents monopolistic behavior in commercial activities, including automotive sales
Consumer Protection Law (Royal Decree No. M/75): Protects consumer rights in commercial transactions, including vehicle purchases and warranty provisions
Saudi Standards, Metrology and Quality Organization (SASO) Regulations: Specifies technical standards and requirements for vehicles to be sold in Saudi Arabia
Value Added Tax Law (Royal Decree No. M/113): Governs the application of VAT on vehicle sales and related transactions
Electronic Commerce Law (Royal Decree No. M/126): Regulates electronic transactions and digital documentation, which may be relevant for online aspects of the sale
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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