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Car Sale Agreement As Is

Car Sale Agreement As Is Template for Singapore

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Key Requirements PROMPT example:

Car Sale Agreement As Is

"Need a Car Sale Agreement (As Is) for selling my 2020 Toyota Camry to a private buyer in Singapore, with completion scheduled for March 15, 2025, and including provisions for a 10% deposit to be paid upon signing."

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Document background
The Car Sale Agreement (As Is) is specifically designed for vehicle transactions in Singapore where the seller wishes to transfer ownership without providing warranties about the vehicle's condition. This document is commonly used in private sales, dealership transactions, and fleet disposals. It includes essential elements required by Singapore law, including LTA compliance requirements, vehicle registration details, and explicit acknowledgment of the 'as is' condition. The agreement protects sellers from future claims regarding vehicle condition while providing buyers with clear documentation of the transaction terms and transfer of ownership.
Suggested Sections

1. Parties: Details of seller and buyer, including full names, identification numbers, and addresses

2. Background: Context of the sale and basic information about the vehicle transaction

3. Definitions: Key terms used in the agreement including 'Vehicle', 'Completion Date', 'Purchase Price', 'As Is Condition'

4. Vehicle Details: Comprehensive description of the vehicle including make, model, registration number, chassis number, year of manufacture, and current mileage

5. Purchase Price: Amount payable for the vehicle and payment terms including method and timing of payment

6. As Is Condition: Disclaimer stating vehicle is sold in current condition without warranties, and buyer's acknowledgment of inspection rights

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership, including LTA requirements

8. Completion: Details of completion process, timing, and documentation requirements

Optional Sections

1. Deposit Terms: Terms and conditions for deposit payment, refund conditions, and forfeiture circumstances

2. COE Transfer: Specific provisions regarding the transfer of Certificate of Entitlement

3. Outstanding Loans: Provisions regarding existing loans on vehicle and process for discharge

Suggested Schedules

1. Schedule 1 - Vehicle Condition Report: Detailed description of vehicle condition, known defects, and existing damage

2. Schedule 2 - Vehicle Documents: List of registration documents, insurance certificates, and other relevant paperwork

3. Schedule 3 - Service History: Record of vehicle maintenance, repairs, and service history

4. Schedule 4 - Transfer Forms: Copies of required LTA transfer forms and supporting documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






















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Industries

Road Traffic Act: Primary legislation governing road traffic and motor vehicles in Singapore (Cap. 276)

Sale of Goods Act: Legislation governing the sale and purchase of goods, including vehicles, in Singapore (Cap. 393)

Consumer Protection (Fair Trading) Act: Legislation protecting consumer interests in transactions, including vehicle sales (Cap. 52A)

Motor Vehicles (Third-Party Risks and Compensation) Act: Legislation governing mandatory insurance and third-party liability for motor vehicles

LTA Regulations: Land Transport Authority regulations governing vehicle registration, transfer procedures, and ownership requirements

COE Requirements: Certificate of Entitlement transfer requirements and regulations for vehicle ownership

GST Act: Goods and Services Tax regulations applicable to vehicle sales transactions

As Is Provisions: Legal requirements for 'As Is' sale disclaimers and caveat emptor principles in vehicle sales

Transfer Documentation: Required forms and documents including LTA Form One, vehicle registration documents, and PARF/COE rebate documentation

Insurance Requirements: mandatory insurance requirements and documentation for vehicle transfer and ownership

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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