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Absolute Deed Of Sale Of Motor Vehicle Template for Singapore

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Key Requirements PROMPT example:

Absolute Deed Of Sale Of Motor Vehicle

"I need an Absolute Deed Of Sale Of Motor Vehicle for the transfer of my Toyota Camry to a private buyer in Singapore, with a clause specifically addressing the existing car loan that needs to be settled as part of the sale, completion date set for March 15, 2025."

Document background
The Absolute Deed Of Sale Of Motor Vehicle is a crucial document used in Singapore for the complete and permanent transfer of vehicle ownership. It is required when selling or purchasing any motor vehicle in Singapore, ensuring compliance with the Road Traffic Act, LTA regulations, and other relevant legislation. The document includes detailed vehicle information, seller and buyer details, purchase price, warranties, and other essential terms. It provides protection for both parties and serves as official documentation for registration with Singapore authorities. This deed is particularly important as vehicle transfers in Singapore require strict documentation and regulatory compliance.
Suggested Sections

1. Parties: Identification of seller and buyer with complete details including names, NRIC/passport numbers, addresses

2. Background: Context of the sale and current ownership status of the vehicle

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

4. Vehicle Details: Complete description of vehicle including registration number, make, model, year, chassis number, engine number

5. Consideration: Purchase price, payment terms, and method of payment

6. Transfer of Title: Clear statement of ownership transfer and obligations regarding vehicle registration transfer

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

8. Execution: Signing provisions and witness requirements as per Singapore law

Optional Sections

1. Condition Report: Detailed description of vehicle condition including any existing damage or defects

2. Outstanding Loans: Details of any existing loans or encumbrances on the vehicle

3. Service History: Vehicle maintenance and service records documentation

4. Insurance Transfer: Provisions for transfer or termination of existing insurance policies

Suggested Schedules

1. Schedule 1 - Vehicle Registration Card: Copy of current vehicle registration documentation

2. Schedule 2 - Vehicle Inspection Report: Recent inspection certificate and condition report

3. Schedule 3 - Payment Receipt: Proof of payment and transaction details

4. Schedule 4 - Service Records: Documentation of vehicle maintenance history

5. Schedule 5 - Insurance Documents: Current insurance policy details if being transferred

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

























Industries

Road Traffic Act (Chapter 276): Primary legislation governing vehicle registration, transfer of ownership, motor vehicle documentation requirements, and vehicle transfer procedures in Singapore

Sale of Goods Act (Chapter 393): Provides the legal framework for sale and purchase of goods, including rights and obligations of buyers and sellers, and transfer of title provisions

Stamp Duties Act (Chapter 312): Governs the requirements for stamp duty on vehicle transfer documents, including applicable rates and payment procedures

Consumer Protection (Fair Trading) Act: Covers fair trading provisions and consumer rights, particularly relevant if the sale is between a dealer and consumer

Singapore Land Transport Authority (LTA) Regulations: Details specific vehicle transfer procedures, documentation requirements for ownership transfer, and vehicle registration requirements

Personal Data Protection Act 2012: Regulates the handling of personal information in the contract and privacy considerations for all parties involved

Electronic Transactions Act: Governs the legal validity of electronic signatures and electronic execution of documents if the contract is to be executed electronically

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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