tiktok³ÉÈ˰æ

Deed Of Sale Company Vehicle Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Sale Company Vehicle

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Sale Company Vehicle

"I need a Deed of Sale Company Vehicle for transferring ownership of our Toyota Camry 2022 company car to a private buyer, with payment to be made in three installments by March 2025, and I need to include specific warranties about the vehicle's accident-free history."

Document background
The Deed of Sale Company Vehicle is a crucial document used when a company in Nigeria wishes to legally transfer ownership of a corporate vehicle to another party. This document is essential for ensuring compliance with Nigerian corporate law, vehicle transfer regulations, and tax requirements. It should be used whenever a company disposes of any vehicle from its fleet, whether selling to an individual, another company, or a dealer. The deed includes critical information such as vehicle specifications, ownership history, maintenance records, and warranty details. It must be properly executed in accordance with Nigerian law, particularly the Companies and Allied Matters Act 2020 and Federal Road Safety Commission requirements. The document also addresses VAT implications and stamp duty requirements specific to Nigerian vehicle transfers.
Suggested Sections

1. Parties: Identifies the selling company and the purchaser with their full legal names, registration numbers (for companies), and registered addresses

2. Background: Establishes the context of the sale, confirming the company's ownership of the vehicle and intention to sell

3. Definitions: Defines key terms used throughout the deed including 'Vehicle', 'Completion Date', 'Purchase Price', etc.

4. Sale and Purchase: Core provision stating the seller's agreement to sell and the buyer's agreement to purchase the vehicle

5. Purchase Price: Specifies the agreed purchase price and payment terms

6. Completion: Details the completion process, including timing, location, and requirements for transfer of ownership

7. Seller's Warranties: Warranties regarding vehicle ownership, condition, and absence of encumbrances

8. Vehicle Documentation: Lists required documentation to be transferred with the vehicle

9. Risk and Insurance: Specifies when risk passes to the buyer and insurance requirements

10. Execution: Formal execution block for signing as a deed under Nigerian law

Optional Sections

1. Condition of Vehicle: Detailed description of vehicle condition - used when selling vehicle 'as is' or with known issues

2. Payment in Installments: Include when purchase price is to be paid in installments rather than as a lump sum

3. Company Authority: Additional section confirming corporate authority for sale when required by company's articles

4. Outstanding Loans: Include if there are any outstanding loans or encumbrances that need to be cleared before sale

5. Maintenance History: Optional section detailing vehicle's maintenance history when this is a key factor in the sale

Suggested Schedules

1. Schedule 1: Vehicle Details: Comprehensive details of the vehicle including make, model, year, VIN, registration number, color, and specifications

2. Schedule 2: Payment Terms: Detailed breakdown of payment terms, including any installment schedule if applicable

3. Schedule 3: Inventory of Items: List of additional items included in the sale (spare keys, service books, tools, etc.)

4. Schedule 4: Vehicle Condition Report: Detailed report of vehicle condition including photographs and noted defects

5. Appendix A: Vehicle Documents: Copies of vehicle registration, insurance certificates, and maintenance records

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

Transportation

Logistics

Manufacturing

Construction

Oil and Gas

Agriculture

Professional Services

Retail

Healthcare

Mining

Telecommunications

Relevant Teams

Legal

Finance

Operations

Administration

Fleet Management

Procurement

Asset Management

Compliance

Facilities

Relevant Roles

Fleet Manager

Administrative Officer

Company Secretary

Legal Counsel

Finance Director

Chief Financial Officer

Operations Manager

Procurement Manager

Asset Manager

Compliance Officer

Transport Manager

Facilities Manager

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

Find the exact document you need

Motor Vehicle Sale Deed

A Nigerian law-governed deed documenting the sale and transfer of ownership of a motor vehicle, including essential transaction details and regulatory compliance requirements.

find out more

Deed Of Sale Of House And Lot Rights

A Nigerian legal document transferring ownership rights of a house and land from seller to buyer, compliant with the Land Use Act and state property laws.

find out more

Deed Of Absolute Sale For House And Lot

A legal instrument for transferring complete ownership of house and lot property in Nigeria, compliant with local property laws and registration requirements.

find out more

3rd Owner Deed Of Sale

A Nigerian legal document transferring property ownership while verifying two previous ownership transfers, ensuring compliance with federal and state property laws.

find out more

Deed Of Sale Company Vehicle

A Nigerian law-compliant deed for transferring ownership of a company vehicle, including vehicle details, warranties, and payment terms.

find out more

Deed Of Absolute Sale With Special Power Of Attorney

A Nigerian law-governed document combining property sale and power of attorney provisions for comprehensive property transfer and representation rights.

find out more

Grant Bargain Sale Deed

A formal legal document under Nigerian law used to transfer ownership rights in real property, requiring Governor's Consent and compliance with the Land Use Act.

find out more

Bargain And Sale Deed

A legal document used in Nigeria for transferring real property ownership from a grantor to a grantee, subject to the Land Use Act and requiring Governor's consent.

find out more

Deed Of Sale Of Firearm

A formal deed under Nigerian law documenting the legal transfer of ownership of a firearm, including all necessary regulatory compliance and registration requirements.

find out more

Deed Of Sale Letter

A formal Nigerian legal document that evidences the transfer of property ownership rights from seller to buyer, subject to Nigerian property law requirements.

find out more

Car Deed Of Absolute Sale

A legal document under Nigerian law that facilitates and evidences the complete transfer of vehicle ownership between parties.

find out more

Deed Of Sale Motorcycle

A legal document under Nigerian law that formalizes the transfer of motorcycle ownership from seller to buyer, including sale terms and vehicle details.

find out more

Deed Of Sale Property

A legally binding document under Nigerian law that transfers property ownership from seller to buyer, complying with federal and state property regulations.

find out more

Deed Of Sale Of Shares

A formal deed under Nigerian law documenting the sale and transfer of shares between parties, including terms, conditions, and warranties.

find out more

Deed Of Sale Condominium

A legal instrument under Nigerian law for transferring ownership of a condominium unit, detailing property specifications, rights, and obligations of all parties involved.

find out more

Business Deed Of Sale

A Nigerian legal document facilitating the transfer of business ownership or assets, ensuring compliance with local laws and regulations.

find out more

Temporary Deed Of Sale

A Nigerian legal document establishing temporary property ownership transfer terms and conditions, compliant with the Land Use Act and property laws.

find out more

Final Deed Of Sale

A legal document under Nigerian law that transfers property ownership from seller to buyer, requiring governmental consent and formal registration.

find out more

Flat Sale Deed

A legal document for transferring ownership of an apartment/flat in Nigeria, complying with the Land Use Act and requiring Governor's consent.

find out more

Deed Of Sale Of Motor Vehicle With Assumption Of Mortgage

A Nigerian legal document facilitating the sale of a mortgaged vehicle with the transfer of existing mortgage obligations to the buyer.

find out more

Deed Of Sale Of Motor Vehicle Company Owned

A Nigerian law-governed deed for transferring ownership of a company-owned vehicle to a buyer, ensuring proper corporate authorization and compliance with vehicle transfer regulations.

find out more

Deed Of Sale Of Franchise

A Nigerian law-governed deed that documents the sale and transfer of franchise rights and obligations from a franchisor to a franchisee, including all associated assets and intellectual property.

find out more

Deed Of Sale Motor Vehicle

A Nigerian law-governed deed that legally documents and executes the transfer of ownership of a motor vehicle between seller and buyer.

find out more

Deed Of Absolute Sale Of A Portion Of Land

A legal document used in Nigeria for transferring ownership of a portion of land from seller to buyer, requiring Governor's consent under the Land Use Act.

find out more

Conveyance Sale Deed

A legal document under Nigerian law that transfers property ownership from seller to buyer, requiring Governor's consent and land registry registration.

find out more

Bike Sale Deed Form

A Nigerian law-compliant deed document for formalizing motorcycle sales and ownership transfer between parties.

find out more

Simple Deed Of Sale Of Land

A legal document for transferring land ownership rights in Nigeria, complying with the Land Use Act and requiring Governor's consent.

find out more

Land Purchase Deed

A legal instrument for transferring land ownership under Nigerian law, requiring Governor's consent and complying with the Land Use Act.

find out more

Deed Of Sale For Car

A formal deed under Nigerian law documenting the sale and transfer of ownership of a motor vehicle between parties, including essential terms and conditions of sale.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.