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Private Party Auto Purchase Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Private Party Auto Purchase Agreement

"I need a Private Party Auto Purchase Agreement for selling my 2020 Mercedes-Benz GLE to a private buyer in Dubai, with a deferred payment arrangement where 25% will be paid on March 15, 2025, and the remaining 75% on completion of RTA transfer."

Document background
The Private Party Auto Purchase Agreement is a crucial document used in the United Arab Emirates for vehicle sales between private individuals. This agreement is designed to comply with UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Traffic Law No. 21 of 1995, ensuring proper documentation of vehicle transfers. It should be used whenever a private individual sells their vehicle to another private party, providing protection for both parties by clearly documenting the vehicle's condition, sale price, and transfer terms. The document includes essential information required by the Roads and Transport Authority (RTA) for ownership transfer and registration, making it a vital tool for ensuring a smooth and legally compliant transaction in the UAE automotive market.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, Emirates ID numbers, and contact details

2. Background: Brief context of the sale and confirmation that the seller owns the vehicle

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

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

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

6. Seller's Representations: Seller's warranties regarding vehicle ownership, condition, and absence of liens

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA

8. Vehicle Condition: Current condition of the vehicle and any known defects or issues

9. Completion Requirements: Steps to be taken by each party to complete the sale

10. Governing Law: Confirmation that UAE law governs the agreement

11. Execution: Signature block and date of agreement

Optional Sections

1. Deposit Terms: Include when a deposit is part of the purchase arrangement

2. Inspection Period: Include when buyer is given time to inspect the vehicle before finalizing the purchase

3. Finance Arrangements: Include when payment involves bank financing or installments

4. Insurance Transfer: Include when existing insurance policy is being transferred

5. Warranties: Include when transferring remaining manufacturer warranty or providing additional warranties

6. Return Policy: Include when parties agree to specific conditions under which the vehicle can be returned

7. Dispute Resolution: Include when parties want to specify mediation or arbitration procedures

Suggested Schedules

1. Schedule 1 - Vehicle Inspection Report: Detailed technical inspection report showing vehicle condition

2. Schedule 2 - Vehicle Registration Card: Copy of current vehicle registration card

3. Schedule 3 - Service History: Documentation of vehicle maintenance and service history

4. Schedule 4 - Vehicle Photographs: Dated photographs showing vehicle condition at time of sale

5. Appendix A - Payment Schedule: If applicable, detailed schedule of payment installments

6. Appendix B - Handover Checklist: List of items to be transferred with vehicle (spare keys, manual, etc.)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Relevant Industries

Automotive

Consumer Goods

Legal Services

Financial Services

Insurance

Transportation

Relevant Teams

Legal

Compliance

Documentation

Vehicle Registration

Personal Banking

Insurance

Customer Service

Vehicle Inspection

Relevant Roles

Legal Counsel

Paralegal

Vehicle Registration Officer

Insurance Agent

Bank Loan Officer

Automotive Appraiser

Documentation Specialist

Compliance Officer

Private Wealth Manager

Personal Banking Advisor

Industries






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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