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Simple Car Sale Contract
"I need a Simple Car Sale Contract for selling my private Toyota Corolla to an individual buyer, with settlement scheduled for March 15, 2025, including standard warranties and a mechanical inspection condition."
1. Parties: Identification of the seller and buyer with full legal names and contact details
2. Background: Brief context of the sale and confirmation that the seller owns the vehicle
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Settlement Date'
4. Vehicle Details: Specific details of the vehicle including make, model, year, registration number, VIN, and odometer reading
5. Purchase Price and Payment: The agreed purchase price and payment terms including deposit and final payment details
6. Transfer of Ownership: Terms regarding the transfer of vehicle ownership and registration
7. Seller's Warranties: Seller's declarations about the vehicle's condition, ownership, and outstanding loans
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Settlement and Delivery: Details of when and where the vehicle will be delivered and settlement completed
10. Execution: Signing section with date and witness provisions
1. Conditional Sale: Used when the sale is subject to conditions such as finance approval or mechanical inspection
2. Trade-in Details: Required when there is a vehicle being traded in as part of the purchase
3. Outstanding Finance: Needed when there is existing finance to be cleared as part of the sale
4. Modifications Declaration: Used when the vehicle has aftermarket modifications that need to be disclosed
5. Warranty Details: Required when the seller is providing additional warranties beyond statutory guarantees
1. Schedule 1 - Vehicle Condition Report: Detailed report of the vehicle's condition including any known defects or damage
2. Schedule 2 - Vehicle Service History: List of service history and maintenance records
3. Schedule 3 - Included Items: List of additional items included in the sale (spare keys, manuals, accessories)
4. Appendix A - Vehicle Photos: Dated photographs of the vehicle showing its condition at time of sale
5. Appendix B - Documentation Checklist: List of required documentation for transfer of ownership
Authors
Sale and Purchase
Purchase Price
Payment Terms
Transfer of Ownership
Vehicle Condition
Warranties
Representations
Risk and Insurance
Registration and Documentation
Delivery
Settlement
Seller Obligations
Buyer Obligations
Vehicle Inspection
Encumbrances
Default
Termination
Dispute Resolution
Governing Law
Assignment
Entire Agreement
Severability
Force Majeure
Notices
Costs
Execution
Automotive
Retail
Financial Services
Insurance
Legal Services
Transport
Vehicle Leasing
Vehicle Trading
Fleet Management
Legal
Sales
Compliance
Operations
Finance
Administration
Risk Management
Documentation
Fleet Management
Car Dealer
Sales Manager
Fleet Manager
Legal Counsel
Compliance Officer
Business Owner
Administrative Assistant
Finance Manager
Vehicle Sales Representative
Operations Manager
Contract Administrator
Risk Manager
Documentation Specialist
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