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Second Hand Car Sale Agreement
"I need a Second Hand Car Sale Agreement for selling my 2020 Toyota Land Cruiser to a private buyer in Dubai, with payment to be made in three installments between January and March 2025, including provisions for vehicle inspection and transfer of existing warranty."
1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details
2. Background: Brief context of the transaction and confirmation of the Seller's ownership and right to sell
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date'
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and current mileage
5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable
6. Seller's Representations and Warranties: Warranties regarding vehicle ownership, condition, accident history, and outstanding liabilities
7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA
8. Completion Requirements: Actions required by each party to complete the sale including documentation and registration
9. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Inspection and Test Drive: Terms for pre-purchase inspection and test drive, used when buyer hasn't fully inspected the vehicle
2. Financing Arrangements: Include when purchase involves bank financing or installment payments
3. Insurance Transfer: Procedures for transferring or arranging insurance, relevant when existing insurance is transferable
4. Condition Report: Detailed description of vehicle condition and known issues, recommended for older vehicles
5. Post-Sale Services: Any after-sale services or support agreed between parties
6. Dispute Resolution: Detailed dispute resolution procedures, recommended for high-value transactions
1. Schedule 1 - Vehicle Inspection Report: Detailed technical inspection report from authorized service center
2. Schedule 2 - Vehicle History Report: Documented service history and accident report
3. Schedule 3 - Payment Schedule: Detailed payment terms if payment is to be made in installments
4. Schedule 4 - Vehicle Photographs: Dated photographs showing current condition of vehicle
5. Schedule 5 - Existing Warranty Documentation: Any remaining manufacturer or extended warranty documentation
6. Appendix A - Required Transfer Documents: List of all documents required for RTA transfer
Authors
Automotive
Retail
Transportation
Fleet Management
Vehicle Leasing
Insurance
Financial Services
Private Transportation
Corporate Services
Legal
Sales
Compliance
Administration
Procurement
Operations
Risk Management
Fleet Operations
Document Control
Customer Service
Sales Manager
Fleet Manager
Legal Counsel
Compliance Officer
Administrative Officer
Procurement Manager
Vehicle Inspector
Automotive Sales Executive
Business Development Manager
Contract Administrator
Risk Manager
Operations Manager
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