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Vehicle Purchase Form
"I need a Vehicle Purchase Form for a private sale of my used Toyota Land Cruiser in Saudi Arabia, with installment payment terms spread over 12 months starting March 2025, and the document should include provisions for monthly payments and default consequences."
1. Parties: Identification of the seller and buyer, including full legal names, national ID numbers/Iqama numbers, and contact details as required by Saudi law
2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle free from encumbrances
3. Definitions: Key terms used in the agreement, including technical vehicle terms and legal terminology
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, registration number, and mileage
5. Purchase Price and Payment: Agreed purchase price, VAT details, payment method and terms, including any installment arrangements if applicable
6. Transfer of Ownership: Process and obligations for transferring vehicle ownership through official channels (Muroor)
7. Seller's Representations: Seller's declarations regarding vehicle condition, ownership, and absence of liens or encumbrances
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Completion Requirements: Documentation and procedures required to complete the sale and transfer
10. Governing Law: Confirmation that Saudi Arabian law governs the agreement
1. Financing Terms: Required when the purchase involves bank financing or installment payments
2. Insurance Transfer: Include when existing insurance policy is being transferred to the buyer
3. Warranty Terms: For new vehicles or when seller provides additional warranties
4. Trade-in Details: When the transaction includes a vehicle trade-in component
5. Agent Authorization: When either party is represented by an authorized agent
6. Special Conditions: For any unique terms or conditions specific to the transaction
1. Vehicle Inspection Report: Detailed technical inspection report from an authorized center
2. Vehicle Registration Card: Copy of current registration card (istimara)
3. Vehicle History Report: Document showing accident history and maintenance records
4. Payment Schedule: If payment is to be made in installments, detailed payment timeline
5. Handover Checklist: List of items to be transferred with the vehicle (spare keys, service books, etc.)
6. Photographs: Digital or physical photographs of the vehicle documenting its condition at sale
Authors
Vehicle
Purchase Price
Completion Date
Deposit
Effective Date
Encumbrance
Handover Date
Istimara
Muroor
Payment Terms
Registration Card
Seller's Warranties
Technical Inspection
Title Documents
Transfer Documents
VAT
Vehicle Identification Number (VIN)
Vehicle Registration Number
Warranty Period
Business Day
Confidential Information
Force Majeure
Installment Payment
Lien
Material Defect
Odometer Reading
Outstanding Fines
Parties
Service History
Technical Specifications
Transfer Fee
Insurance Policy
Authorized Representative
Due Diligence
Financing Agreement
Governing Law
Sale Certificate
Transfer Procedure
Vehicle Condition Report
Payment Terms
Transfer of Title
Vehicle Description
Seller Representations and Warranties
Buyer Acknowledgments
Vehicle Inspection
Delivery and Acceptance
Registration and Documentation
Insurance
Taxes and Fees
Risk and Liability
Defects and Claims
Force Majeure
Termination
Dispute Resolution
Governing Law
Entire Agreement
Amendments
Notices
Assignment
Severability
Language
Signatures and Execution
VAT Compliance
Vehicle History
Technical Compliance
Warranty Terms
Default Provisions
Indemnification
Automotive
Banking & Finance
Insurance
Transportation
Retail
Fleet Management
Vehicle Leasing
Automotive Dealership
Vehicle Import/Export
Legal
Sales
Finance
Compliance
Administrative
Operations
Customer Service
Documentation
Risk Management
Vehicle Registration
Sales Manager
Finance Manager
Legal Counsel
Compliance Officer
Fleet Manager
Administrative Officer
Contract Administrator
Business Development Manager
Vehicle Registration Officer
Automotive Sales Representative
Purchase Manager
Documentation Specialist
Risk Assessment Officer
Customer Service Manager
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