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The Private Car Sale Contract With Monthly Payments is essential for private vehicle transactions in Singapore where immediate full payment isn't feasible. This document provides a structured framework compliant with Singapore's Road Traffic Act, Sale of Goods Act, and related regulations. It's particularly useful for private sellers who want to offer payment flexibility while maintaining legal protection. The contract details payment terms, ownership transfer conditions, vehicle specifications, and both parties' obligations, incorporating Singapore's unique vehicle ownership requirements including COE considerations. It's designed to protect both seller and buyer interests while ensuring compliance with LTA regulations.
