Motorcycle Selling Agreement Template for Malaysia

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Key Requirements PROMPT example:

Motorcycle Selling Agreement

"I need a Motorcycle Selling Agreement for a private sale of my Kawasaki Ninja 650 to an individual buyer, with a planned completion date of March 15, 2025, including provisions for payment in three installments and a one-month warranty period."

Document background
The Motorcycle Selling Agreement is essential for documenting and formalizing motorcycle sales transactions in Malaysia. This agreement is designed for use in both private sales between individuals and commercial transactions involving dealerships or corporate entities. It ensures compliance with Malaysian legislation, including the Sale of Goods Act 1957, Road Transport Act 1987, and Consumer Protection Act 1999. The document covers crucial aspects such as vehicle specifications, payment terms, warranties, and ownership transfer requirements. It includes provisions for registration with the Road Transport Department (JPJ) and addresses potential financing arrangements. This standardized agreement helps protect both sellers' and buyers' interests while ensuring all necessary legal and regulatory requirements are met in the Malaysian context.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full names, identification numbers, and addresses

2. Background: Context of the sale and brief description of the transaction purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core terms of the sale including the motorcycle description and agreed purchase price

5. Payment Terms: Details of payment method, timing, and any installment arrangements

6. Delivery and Transfer: Terms regarding delivery of the motorcycle and transfer of ownership

7. Seller's Representations and Warranties: Warranties about the motorcycle's condition, ownership, and legal status

8. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the motorcycle's condition

9. Registration and Documentation: Requirements for transfer of registration and necessary documentation

10. Governing Law: Specification that Malaysian law governs the agreement

11. Execution: Signature blocks and execution details

Optional Sections

1. Financing Arrangements: Include when the purchase involves third-party financing or installment payments

2. Insurance: Include when the seller is providing temporary insurance or specific insurance requirements apply

3. Modifications: Include when the motorcycle has custom modifications that need to be documented

4. Condition Report: Include when a detailed condition assessment needs to be incorporated into the agreement

5. Trade-in Terms: Include when the transaction involves a trade-in vehicle

6. Post-Sale Services: Include when the seller is providing additional services like warranty or maintenance

7. Default and Remedies: Include when specific remedies for breach need to be detailed, especially in installment sales

Suggested Schedules

1. Schedule A - Motorcycle Specifications: Detailed technical specifications of the motorcycle including make, model, year, engine number, and chassis number

2. Schedule B - Condition Report: Detailed report of the motorcycle's condition including any existing damage or wear

3. Schedule C - Payment Schedule: If applicable, detailed breakdown of installment payments

4. Schedule D - Included Accessories: List of accessories and additional items included in the sale

5. Appendix 1 - Registration Documents: Copies of current registration documents and transfer forms

6. Appendix 2 - Service History: Documentation of maintenance and service history

7. Appendix 3 - Modification Certificates: If applicable, certificates and approvals for any modifications

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

Transportation

Retail

Vehicle Dealership

Manufacturing

Financial Services

Insurance

Consumer Goods

Relevant Teams

Legal

Sales

Compliance

Finance

Operations

Customer Service

Documentation

Business Development

Risk Management

Administrative Support

Relevant Roles

Sales Manager

Dealership Manager

Legal Counsel

Compliance Officer

Finance Manager

Sales Executive

Vehicle Documentation Specialist

Contract Administrator

Business Development Manager

Customer Service Representative

Operations Manager

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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