Document background
The Auto Purchase Agreement is a fundamental document used in Hong Kong for documenting the sale and purchase of motor vehicles between parties. It is essential for both private sales and commercial transactions, ensuring compliance with Hong Kong's legal requirements for vehicle transfers. The agreement is designed to protect both buyers and sellers by clearly documenting the vehicle's specifications, condition, price, and terms of sale. It incorporates necessary provisions from Hong Kong's Sale of Goods Ordinance, Road Traffic Ordinance, and Motor Vehicles Insurance Ordinance, making it suitable for all types of vehicle sales in Hong Kong. This document is particularly important as it facilitates the legal transfer of vehicle ownership and ensures all mandatory requirements for vehicle registration and insurance are addressed.
