Document background
The Auto Sales Agreement is a legally binding document used in the United Arab Emirates for documenting the transfer of ownership of motor vehicles. This agreement is essential for both private sales and commercial transactions, ensuring compliance with UAE Federal Law No. 5 of 1985 (Civil Code), Federal Law No. 18 of 1993 (Commercial Transactions Law), and relevant traffic department regulations. It protects both buyers and sellers by clearly documenting the terms of sale, vehicle condition, warranty provisions, and payment arrangements. The document is particularly important in the UAE context as it must align with specific requirements for vehicle registration transfer, technical inspection standards, and emirate-specific regulations. This agreement is commonly used by dealerships, private sellers, and corporate entities, incorporating necessary provisions for VAT compliance and local registration procedures.
