A Release Of Liability For Selling A Car is essential when transferring vehicle ownership in England and Wales. This document should be used whenever a vehicle is sold, whether between private parties or through commercial transactions. It protects the seller from future claims by documenting the transfer of responsibility and explicitly stating that the buyer accepts the vehicle in its current condition. The document includes critical information such as vehicle details, sale price, known defects, and specific declarations about future liability. It ensures compliance with relevant legislation including the Consumer Rights Act 2015 and the Road Traffic Act 1988.
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1. Parties: Identification of seller and buyer with full details
2. Background: Context of the sale and basic vehicle information
3. Definitions: Key terms used in the document
4. Vehicle Details: Comprehensive description of the vehicle including registration, VIN, make, model
5. Sale Price and Payment: Agreement on price and payment terms
6. Transfer of Ownership: Terms of ownership transfer and responsibilities
7. Release of Liability: Core release terms and scope
8. Signatures: Execution section for both parties
1. Known Defects: Section for disclosure of known issues with the vehicle, used when selling vehicle with pre-existing problems
2. Warranties: Section detailing any warranties or guarantees provided, included when specific warranties are being offered
3. Insurance Provisions: Section covering terms regarding insurance transfer/cancellation, used when specific insurance arrangements need to be documented
4. Payment Plan: Section detailing installment payments, included when payment is not made in full at time of sale
1. Vehicle Condition Report: Detailed assessment of vehicle condition at time of sale
2. Service History: Documentation of vehicle maintenance history
3. MOT Certificates: Copies of relevant MOT documentation
4. Photos: Dated photographs of vehicle condition
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