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Private Car Sale Deposit Contract
"I need a Private Car Sale Deposit Contract for selling my Toyota Camry in Singapore, where the buyer will pay a 10% deposit now and complete the purchase in March 2025. The contract should include detailed vehicle inspection terms as the car is 5 years old."
1. Parties: Details of the seller and buyer including full names, NRIC/passport numbers, and addresses
2. Background: Brief context of the sale and deposit arrangement
3. Definitions: Key terms used in the contract
4. Vehicle Details: Complete description of the vehicle including make, model, registration number, chassis number
5. Deposit Amount: Specification of deposit amount and payment terms
6. Purchase Price: Total purchase price and payment schedule
7. Completion Terms: Conditions for completion of sale and transfer of ownership
1. Vehicle Condition: Detailed description of vehicle condition, to be used when selling used vehicles
2. Inspection Rights: Buyer's rights to inspect the vehicle, recommended for used car sales
3. Warranty: Any warranties provided, typically used for newer vehicles or dealer sales
4. Finance Conditions: Include when sale is subject to obtaining finance
1. Vehicle Inspection Report: Recent inspection report detailing vehicle condition
2. Vehicle Registration Documents: Copies of current registration documents
3. Service History: Vehicle maintenance and service records
4. Payment Schedule: Detailed breakdown of payment terms if involving multiple payments
Authors
Purchase Price
Vehicle Description
Completion
Seller's Warranties
Buyer's Warranties
Vehicle Inspection
Transfer of Ownership
Vehicle Documentation
Return of Deposit
Termination
Force Majeure
Governing Law
Dispute Resolution
Notices
Assignment
Entire Agreement
Severability
Costs
Confidentiality
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