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Sale Deed For Vehicle
"I need a Sale Deed For Vehicle to transfer ownership of my 2022 Toyota Land Cruiser to a private buyer in Riyadh, with the sale to be completed by March 2025, including standard warranties and a clause for installment payments over 6 months."
1. Parties: Identifies and provides full details of the Seller and Buyer, including their names, ID numbers, addresses, and contact information
2. Background: Brief context about the transaction and confirmation that the Seller is the legal owner of the vehicle
3. Definitions: Defines 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 and Purchase: Core terms of the sale including purchase price, payment method, and transfer of ownership
6. Seller's Representations: Seller's warranties regarding vehicle ownership, condition, and absence of encumbrances
7. Transfer Procedures: Steps for completing the ownership transfer at the Traffic Department
8. Payment Terms: Details of payment including amount, method, and timing
9. Handover: Specifics about vehicle delivery and transfer of documentation
10. Governing Law: Confirmation that the deed is governed by Saudi Arabian law and Sharia principles
1. Vehicle Condition: Detailed description of the vehicle's current condition, to be included when selling used vehicles
2. Outstanding Fines: Declaration of any pending traffic violations or fines, included when relevant
3. Installment Payment Plan: Include when the purchase price is to be paid in installments
4. Agency Authorization: Required when either party is acting through an authorized representative
5. Warranty Terms: Include for new vehicles or when specific warranties are being provided
6. Post-Sale Services: Include when the seller is providing additional services after the sale
1. Vehicle Inspection Report: Technical inspection report from authorized center showing vehicle condition
2. Vehicle Registration Card: Copy of current registration card (istimara) details
3. Payment Schedule: If installment payments are agreed, details of payment dates and amounts
4. Vehicle Photographs: Dated photographs showing vehicle condition at time of sale
5. Maintenance History: Record of vehicle maintenance and repairs
6. Authorization Documents: Copies of power of attorney or agency agreements if applicable
Authors
Vehicle
Seller
Buyer
Purchase Price
Completion Date
Transfer Date
Registration Card
Traffic Department
Technical Inspection Report
Vehicle Documents
Encumbrances
Handover Date
Payment
Warranties
Force Majeure
Business Day
Effective Date
Istimara
Outstanding Liabilities
Vehicle Identification Number
Registration Number
Chassis Number
Engine Number
Authorized Representative
Technical Specifications
Transfer Procedures
Governing Law
Default
Due Diligence
Recitals
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Vehicle Description
Title Transfer
Representations and Warranties
Vehicle Condition
Handover Procedures
Registration Requirements
Seller's Obligations
Buyer's Obligations
Risk and Insurance
Technical Inspection
Documentation
Encumbrances
Governing Law
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Amendments
Severability
Assignment
Costs and Expenses
Execution
Automotive
Transportation
Fleet Management
Retail
Insurance
Banking & Finance
Legal Services
Government Services
Corporate Services
Logistics
Legal
Procurement
Sales
Administration
Compliance
Fleet Management
Operations
Finance
Risk Management
Documentation
Asset Management
Fleet Manager
Legal Counsel
Procurement Manager
Sales Manager
Administrative Officer
Compliance Officer
Vehicle Registration Officer
Corporate Secretary
Finance Manager
Operations Manager
Automotive Sales Executive
Documentation Specialist
Risk Management Officer
Property Manager
Asset Manager
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