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1. 1. Parties: Identification of seller and buyer with full legal names and addresses
2. 2. Background: Context of the sale and basic information about the transaction
3. 3. Definitions: Key terms used throughout the agreement including Vehicle, Purchase Price, Closing Date
4. 4. Vehicle Description: Detailed description including make, model, year, VIN, mileage, color, and current condition
5. 5. Purchase Price and Payment: Agreed purchase price, payment method, and timing of payment
6. 6. Transfer of Title: Terms and process of ownership transfer, including documentation requirements
7. 7. Representations and Warranties: Seller's statements about vehicle condition, ownership, and absence of liens
8. 8. Closing and Delivery: Details about the transfer of possession and closing process
9. 9. Governing Law: Specification of applicable state law and jurisdiction
1. Financing Terms: Details of payment schedule and interest rates if the purchase is not paid in full at closing
2. Inspection Period: Terms allowing buyer to inspect and/or test drive the vehicle before final purchase
3. As-Is Clause: Statement that vehicle is sold as-is with no warranties if applicable
4. Additional Warranties: Any extended warranties or guarantees provided beyond statutory requirements
5. Dispute Resolution: Process for handling disagreements including mediation or arbitration provisions
1. Schedule A - Vehicle Condition Report: Detailed assessment of vehicle condition including photographs and noted defects
2. Schedule B - Service History: Documentation of maintenance records and previous repairs
3. Schedule C - Vehicle Registration Documents: Copies of current registration and title documents
4. Schedule D - Odometer Disclosure Statement: Federal required statement certifying the vehicle's mileage
5. Schedule E - Bill of Sale: State-specific bill of sale form if required
Seller
Buyer
Vehicle
Purchase Price
Closing Date
Effective Date
Bill of Sale
Title
VIN
Odometer Reading
Registration Documents
Transfer Documents
Warranties
As-Is Condition
Defects
Encumbrances
Liens
Payment Terms
Delivery Location
Inspection Period
Service Records
Material Defect
Transfer Fees
Applicable Law
Force Majeure
Business Day
Notice
Purchase Price
Payment Terms
Transfer of Title
Delivery and Collection
Representations and Warranties
Condition of Vehicle
Odometer Disclosure
As-Is Sale
Inspection Rights
Insurance
Risk Transfer
Seller's Obligations
Buyer's Obligations
Documentation Requirements
Governing Law
Dispute Resolution
Severability
Entire Agreement
Force Majeure
Notice Requirements
Assignment
Amendments
Termination
Indemnification
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