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Vehicle Deed Of Sale Template for Austria

A Vehicle Deed of Sale under Austrian law is a legally binding document that facilitates and documents the transfer of ownership of a motor vehicle from seller to buyer. This document, governed by the Austrian Civil Code (ABGB) and Motor Vehicles Act (KFG), contains essential information about the vehicle, parties involved, purchase price, and conditions of sale. It serves as official documentation of the transaction and is required for vehicle registration transfer with Austrian authorities. The deed includes mandatory warranties about the vehicle's condition and ownership status, making it a crucial document for both private and commercial vehicle transactions in Austria.

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What is a Vehicle Deed Of Sale?

The Vehicle Deed of Sale is a fundamental legal document used in Austria for transferring ownership of motor vehicles. This document is essential for compliance with Austrian vehicle transfer regulations and is required by the vehicle registration authorities (Zulassungsstelle). The deed must be drafted in accordance with the Austrian Civil Code (ABGB) and Motor Vehicles Act (KFG), containing specific details about the vehicle, parties, and transaction terms. It serves multiple purposes: documenting the sale, protecting both parties' interests, enabling registration transfer, and ensuring compliance with tax and insurance requirements. The Vehicle Deed of Sale is particularly important as it includes mandatory warranties and representations about the vehicle's condition and ownership status, making it crucial for both private sales and commercial transactions in the Austrian automotive sector.

What sections should be included in a Vehicle Deed Of Sale?

1. Parties: Identification and full details of the seller and buyer, including names, addresses, and identification numbers

2. Background: Brief context of the sale transaction

3. Definitions: Key terms used in the deed of sale

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, chassis number, engine number, registration number, and mileage

5. Purchase Price: Agreed purchase price, payment terms, and method of payment

6. Seller's Warranties: Mandatory warranties about vehicle ownership, absence of liens, and disclosed condition

7. Transfer of Ownership: Terms and process of transferring vehicle ownership and registration

8. Handover Details: Specifics about when and where the vehicle will be handed over

9. Governing Law: Confirmation that Austrian law governs the agreement

What sections are optional to include in a Vehicle Deed Of Sale?

1. Vehicle Condition Report: Detailed description of the vehicle's condition, recommended for used vehicles or when selling 'as is'

2. Outstanding Loans: Include when there are existing loans or liens that need to be addressed as part of the sale

3. Dealer Warranties: Additional warranties section required when the seller is a professional dealer

4. Insurance Transfer: Details about transfer or termination of insurance, particularly relevant for ongoing insurance contracts

5. Export Provisions: Include when the vehicle is being sold for export outside Austria

6. Intermediary Details: Include when a broker or dealer is facilitating the sale but not acting as the seller

What schedules should be included in a Vehicle Deed Of Sale?

1. Vehicle Inspection Report: Recent technical inspection report or §57a-Gutachten

2. Service History: Documentation of vehicle maintenance and service history

3. Registration Documents: Copies of current registration papers (Zulassungsschein)

4. Photographs: Dated photographs of the vehicle showing its condition at the time of sale

5. Equipment List: Detailed list of additional equipment, accessories, and spare parts included in the sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Austria

Publisher

Ƶ

Document Type

Bill of Sale

Sector

Sales

Cost

Free to use

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