Motorcycle Sales Agreement Template for Malaysia

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Key Requirements PROMPT example:

Motorcycle Sales Agreement

"I need a Motorcycle Sales Agreement for my dealership in Kuala Lumpur, which will be used for selling a new Kawasaki Ninja with hire purchase financing options, including extended warranty coverage and scheduled maintenance package for deliveries starting January 2025."

Document background
The Motorcycle Sales Agreement is a crucial legal document used in Malaysia for formalizing the sale and purchase of motorcycles between parties. It is designed to comply with Malaysian legislation, including the Road Transport Act 1987, Consumer Protection Act 1999, and where applicable, the Hire Purchase Act 1967. This agreement is essential for both commercial dealerships and private sales, providing a structured framework for the transaction that includes vehicle details, payment terms, warranties, and ownership transfer procedures. It protects both parties' interests by clearly defining their rights and obligations, ensuring proper documentation for registration purposes, and addressing potential issues that may arise during or after the sale. The agreement can be customized to include financing arrangements, insurance requirements, and special conditions while maintaining compliance with Malaysian legal requirements.
Suggested Sections

1. Parties: Identification of the seller (dealer/private seller) and buyer with complete details including name, ID/registration number, and address

2. Background: Brief context of the sale transaction and the parties' intentions

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Sale and Purchase: Core terms of the sale including the agreement to sell and purchase the motorcycle

5. Purchase Price and Payment: Details of the purchase price, payment method, and payment schedule

6. Delivery and Registration: Terms regarding the delivery of the motorcycle and transfer of registration

7. Seller's Representations and Warranties: Standard warranties about the motorcycle's condition, ownership, and compliance with regulations

8. Buyer's Obligations: Responsibilities of the buyer including insurance, registration, and compliance with road transport laws

9. Risk and Title: When risk and ownership passes from seller to buyer

10. Completion: Process and requirements for completing the sale

11. Termination: Circumstances under which the agreement can be terminated

12. General Provisions: Standard clauses including notices, governing law, and dispute resolution

Optional Sections

1. Trade-In Terms: Used when the buyer is trading in another vehicle as part of the purchase

2. Hire Purchase Provisions: Required when the purchase involves financing through a hire purchase agreement

3. Extended Warranty: Additional warranty terms beyond standard manufacturer warranty

4. Customization and Modifications: Details of any agreed modifications or customizations to be made before delivery

5. Insurance Arrangements: Specific insurance requirements or arrangements agreed between parties

6. After-Sales Service: Terms for any included service packages or maintenance agreements

Suggested Schedules

1. Schedule 1 - Vehicle Specifications: Detailed description of the motorcycle including make, model, year, color, engine number, chassis number, and registration number

2. Schedule 2 - Payment Schedule: Breakdown of payment terms including deposits, installments, and final payment

3. Schedule 3 - Delivery and Documentation Checklist: List of documents to be provided and steps to be completed for delivery

4. Schedule 4 - Condition Report: Detailed report of the motorcycle's condition at time of sale

5. Appendix A - Registration Documents: Copies of current registration card and other ownership documents

6. Appendix B - Service History: Records of previous maintenance and servicing

7. Appendix C - Warranty Terms: Detailed warranty terms and conditions including manufacturer and extended warranties

Authors

Alex Denne

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

Relevant Industries

Automotive

Motorcycle Retail

Vehicle Manufacturing

Consumer Goods

Financial Services

Insurance

Transportation

Vehicle Dealership

Relevant Teams

Sales

Legal

Compliance

Finance

Customer Service

Documentation

Risk Management

Business Development

Operations

Relevant Roles

Sales Manager

Dealership Manager

Finance Manager

Legal Counsel

Compliance Officer

Sales Executive

Customer Service Representative

Vehicle Documentation Specialist

Business Development Manager

Contract Administrator

Risk Manager

Insurance Coordinator

Industries
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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