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Deed Of Sale For Car Vehicle
"I need a Deed of Sale for Car Vehicle for transferring ownership of my Toyota Corolla to a private buyer in Lahore, Pakistan, with payment to be made in three installments between January and March 2025, with the final registration transfer to occur after full payment."
1. Parties: Details of the Seller and Buyer including full legal names, CNICs, addresses and contact information
2. Background: Brief context of the transaction and confirmation of seller's ownership
3. Definitions: Definitions of key terms used in the deed including 'Vehicle', 'Purchase Price', 'Completion Date'
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration number
5. Sale and Purchase: Core terms of the sale including the purchase price and confirmation of transfer of ownership
6. Payment Terms: Details of the purchase price, payment method, and payment schedule if applicable
7. Seller's Warranties: Warranties regarding vehicle ownership, condition, accidents, modifications, and outstanding liabilities
8. Transfer of Registration: Obligations regarding the transfer of vehicle registration and required documentation
9. Completion: Details of the completion process, including handover of vehicle and documentation
10. Governing Law: Specification that the deed is governed by Pakistani law
11. Execution: Formal execution clause and space for signatures, witnesses, and attestation
1. Condition Report: Detailed description of the vehicle's current condition, to be used when selling used vehicles
2. Outstanding Loans: Details of any outstanding loans or encumbrances, required if the vehicle has any existing financing
3. Insurance Transfer: Provisions regarding transfer of existing insurance, if applicable
4. Intermediary Details: Details of any dealer or broker involved in the transaction, if applicable
5. Joint Ownership: Special provisions for cases where the vehicle will be jointly owned
6. Import Documentation: Required for imported vehicles that need additional documentation
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle including all identification numbers and features
2. Schedule 2 - Vehicle Documentation: List of all documentation being transferred including registration book, maintenance records, and previous ownership papers
3. Schedule 3 - Payment Schedule: If payment is in installments, detailed breakdown of payment dates and amounts
4. Schedule 4 - Vehicle Inspection Report: Third-party inspection report detailing vehicle condition (if applicable)
5. Appendix A - Photographs: Dated photographs of the vehicle showing its condition at the time of sale
6. Appendix B - Service History: Details of vehicle service history and maintenance records
Authors
Buyer
Vehicle
Purchase Price
Completion Date
Completion
Registration Documents
Registration Authority
Vehicle Particulars
Encumbrances
Transfer Date
Delivery Location
Engine Number
Chassis Number
Registration Number
Model Year
Outstanding Liabilities
Warranties
Excise Office
Token Tax
Road Tax
Insurance Policy
Sale Proceeds
Transfer Fee
Ownership Documents
Vehicle Inspection Report
Maintenance Records
Payment Terms
Business Day
Force Majeure
Governing Law
Relevant Authority
Existing Claims
Handover Date
Default
Notice
Witness
Recitals
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Vehicle Description
Transfer of Title
Seller's Representations and Warranties
Buyer's Representations and Warranties
Vehicle Condition
Registration Transfer
Insurance
Delivery
Tax Obligations
Liabilities
Documentation
Indemnification
Force Majeure
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Amendment
Assignment
Costs and Expenses
Execution
Attestation
Automotive
Transportation
Legal Services
Insurance
Banking and Finance
Fleet Management
Real Estate (for company vehicles)
Logistics and Distribution
Car Dealership
Vehicle Leasing
Legal
Procurement
Administration
Compliance
Risk Management
Fleet Operations
Finance
Corporate Secretariat
Operations
Asset Management
Legal Counsel
Corporate Secretary
Fleet Manager
Procurement Manager
Administrative Officer
Compliance Officer
Risk Manager
Vehicle Assets Manager
Operations Manager
Finance Manager
Legal Administrator
Company Director
General Counsel
Transportation Manager
Business Operations Manager
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