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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."
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
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
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
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