Sale Deed For Car Template for Saudi Arabia

The Sale Deed For Car is a crucial legal document used in Saudi Arabia when transferring ownership of a motor vehicle between parties. It serves as the primary evidence of the transaction and is required by the Saudi Traffic Department (Muroor) for official ownership transfer. The document is designed to protect both buyers and sellers by clearly documenting the terms of sale, vehicle condition, and warranties while ensuring compliance with Saudi Arabian traffic regulations and Sharia law principles. It includes comprehensive vehicle details, party information, payment terms, and necessary declarations about the vehicle's condition and legal status. This deed is particularly important in Saudi Arabia's robust automotive market, where proper documentation is essential for legal vehicle ownership transfer and registration.

1. Parties: Identification of the Seller and Buyer with their complete legal names, ID numbers, and contact details as required by Saudi regulations

2. Background: Brief context of the sale transaction and confirmation that the seller is the legal owner of the vehicle

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

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

5. Sale Price and Payment Terms: Agreed purchase price, payment method, and payment schedule if applicable

6. Seller's Representations and Warranties: Declarations regarding vehicle ownership, condition, absence of liens, and compliance with traffic regulations

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through Muroor (Traffic Department)

8. Handover Details: Specifics about vehicle delivery, including timing and location

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

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