Document background
The Simple Deed of Sale of Motor Vehicle is a crucial document in Singapore's vehicle transfer process. It is commonly used when transferring ownership of motor vehicles between parties, whether private individuals or businesses. The deed ensures compliance with Singapore's Road Traffic Act, LTA regulations, and other relevant legislation. It includes essential information such as vehicle specifications, financial terms, warranties, and transfer conditions. This document is particularly important as it provides legal protection for both parties and facilitates the official registration of ownership change with Singapore's Land Transport Authority.
