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Deed Of Sale For Car
"I need a Deed of Sale for Car to sell my Toyota Camry to a private buyer in Malaysia, with payment to be made in three installments between January and March 2025, including conditions about the vehicle's existing warranty transfer."
1. Parties: Identification of the seller and buyer with full legal names, identification numbers, and addresses
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 deed including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Sale and Purchase: Core agreement to sell and purchase the vehicle, including the purchase price and payment terms
5. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration number
6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and absence of encumbrances
7. Completion: Details of the completion process, including timing, location, and requirements for transfer of ownership
8. Transfer of Registration: Process and obligations regarding the transfer of vehicle registration at JPJ (Road Transport Department)
9. Costs and Stamp Duty: Allocation of transaction costs including transfer fees and stamp duty
10. Governing Law: Confirmation that the deed is governed by Malaysian law
11. Execution: Formal execution clause and signature blocks for parties and witnesses
1. Condition Report: Detailed assessment of the vehicle's condition, recommended when selling used vehicles
2. Payment Schedule: Include when payment is to be made in installments rather than as a single payment
3. Vehicle Modifications: Details of any modifications made to the vehicle, required when the vehicle has been modified from original specifications
4. Outstanding Loans: Declaration regarding any outstanding loans or hire purchase agreements, needed when there's a history of financing
5. Intermediary Details: Information about any dealer or agent involved in the sale, required when the sale is through a third party
6. Special Conditions: Any specific conditions agreed between the parties, such as repairs to be completed before transfer
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle including all identifying numbers and features
2. Schedule 2 - Vehicle Documentation: List of all documents being transferred with the vehicle (registration card, service history, etc.)
3. Schedule 3 - Payment Details: Breakdown of the purchase price, including any deposits paid and payment methods
4. Appendix A - Vehicle Inspection Report: Recent inspection report or PUSPAKOM certification if applicable
5. Appendix B - Photographs: Recent photographs of the vehicle showing its current condition and any damage
6. Appendix C - Service History: Detailed service history and maintenance records of the vehicle
Authors
Automotive
Financial Services
Legal Services
Transportation
Fleet Management
Insurance
Vehicle Leasing
Corporate Services
Retail Automotive Sales
Legal
Compliance
Administration
Fleet Management
Sales
Procurement
Operations
Risk Management
Finance
Documentation
Corporate Services
Fleet Manager
Legal Counsel
Corporate Secretary
Compliance Officer
Administrative Officer
Sales Manager
Procurement Manager
Vehicle Assets Manager
Operations Manager
Risk Manager
Legal Executive
Finance Manager
Automotive Sales Executive
Contract Administrator
Documentation Specialist
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