Document background
The Deed Of Sale Of Motor Vehicle Company Owned is a formal legal instrument used in Singapore when a company wishes to transfer ownership of its motor vehicle to another party. This document is essential for ensuring compliance with Singapore's regulatory framework, including the Road Traffic Act, Companies Act, and LTA requirements. It includes comprehensive details about the vehicle, seller warranties, purchase price, and transfer procedures. The deed format is specifically chosen to provide the highest level of legal protection and enforceability for both parties, particularly important when dealing with corporate assets.
