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Free Vehicle Purchase Agreement
"I need a Free Vehicle Purchase Agreement for a used Mercedes S-Class that I'm selling to a private buyer in Dubai, with payment to be made in two installments by March 2025, and I want to include specific warranties about the vehicle's accident history and current mechanical condition."
1. Parties: Identification and details of the seller and buyer, including full legal names, Emirates ID numbers, and contact information
2. Background: Brief context of the transaction and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, registration number, and current mileage
5. Purchase Price and Payment: Agreed purchase price, payment terms, method of payment, and payment schedule if applicable
6. Transfer of Ownership: Terms and process for transferring vehicle ownership, including RTA requirements
7. Seller's Representations and Warranties: Seller's declarations regarding vehicle condition, ownership, liens, and encumbrances
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Completion of Sale: Process and requirements for completing the sale, including documentation and handover procedures
10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Financing Terms: Include when the purchase involves third-party financing or installment payments
2. Condition Report: Detailed section about vehicle condition when selling used vehicles or vehicles with known issues
3. Trade-in Details: Include when there is a vehicle trade-in as part of the transaction
4. Post-Sale Services: Include when the sale includes warranty, maintenance, or after-sales services
5. Insurance Requirements: Include when specific insurance arrangements are part of the sale conditions
6. Export/Import Provisions: Include when the vehicle is being sold for export or was recently imported
1. Vehicle Specification Sheet: Detailed technical specifications and features of the vehicle
2. Condition Report and Photographs: Detailed report of vehicle condition with supporting photographs
3. Service History: Record of vehicle maintenance and service history
4. RTA Inspection Report: Recent vehicle inspection report from the RTA
5. Payment Schedule: Detailed breakdown of payment terms if involving installments
6. Required Documents Checklist: List of documents required for transfer of ownership
Authors
Vehicle
Purchase Price
Completion Date
Effective Date
Parties
Seller
Buyer
RTA
Registration Certificate
Technical Inspection Report
Transfer of Ownership
Encumbrance
Warranty
Force Majeure
Business Day
Confidential Information
Governing Law
Jurisdiction
Liabilities
Material Defect
Payment Terms
Vehicle Documents
Vehicle Identification Number (VIN)
Registration Number
Authorized Representative
Completion
Intellectual Property Rights
Mulkiya
Default
Due Diligence
Handover Date
Insurance
Lien
Notice
Registration Fees
Roadworthiness
Service History
Title Deed
Working Hours
Sale and Purchase
Purchase Price
Payment Terms
Vehicle Description
Transfer of Title
Warranties and Representations
Condition of Vehicle
Registration and Documentation
Delivery
Risk and Insurance
Seller's Obligations
Buyer's Obligations
Inspection Rights
Representations and Warranties
Indemnification
Default and Remedies
Force Majeure
Governing Law
Dispute Resolution
Notices
Assignment
Entire Agreement
Severability
Amendments
Confidentiality
Costs and Expenses
Termination
Compliance with Laws
Further Assurances
Automotive
Transportation
Fleet Management
Retail
Corporate Services
Logistics
Car Rental
Leasing
Used Car Market
Luxury Vehicles
Commercial Transportation
Legal
Procurement
Sales
Operations
Administration
Compliance
Fleet Management
Risk Management
Finance
Contracts Administration
Fleet Manager
Procurement Manager
Sales Manager
Legal Counsel
Compliance Officer
Administrative Officer
Operations Manager
Business Owner
Contract Administrator
Vehicle Sales Representative
Dealership Manager
Transport Manager
Risk Manager
Finance Manager
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