Document background
The Agreement Of Sale Of Motor Vehicle is a crucial legal document used in Germany for documenting and executing the transfer of vehicle ownership. It is designed to comply with German legal requirements, particularly the German Civil Code (BGB) and road traffic regulations (StVG). This document is essential for any vehicle sale transaction, whether between private individuals, commercial entities, or dealerships. It includes detailed vehicle information, price and payment terms, warranties, and specific provisions for ownership transfer under German law. The agreement helps prevent future disputes by clearly documenting the condition of the vehicle, the terms of sale, and the responsibilities of both parties. It's particularly important as it forms the basis for vehicle registration transfer and tax liability changes.
