Document background
The Vehicle Deed of Sale is a crucial legal instrument in Singapore's automotive transaction framework. This document is required when transferring ownership of any motor vehicle, ensuring compliance with Singapore's Road Traffic Act and LTA regulations. It serves as official evidence of the sale transaction, containing essential information about the vehicle, parties involved, sale price, and transfer terms. The deed is particularly important as it protects both parties' interests and facilitates proper registration with authorities. When executing a Vehicle Deed of Sale, parties must ensure all regulatory requirements are met, including COE transfer procedures and stamp duty payments.
