The Bike Sale Agreement is essential for any transaction involving the transfer of ownership of a motorcycle or bicycle in Indonesia. This document is designed to comply with Indonesian civil law, consumer protection regulations, and specific vehicle transfer requirements. It should be used whenever there is a sale of a bike, whether between private individuals, through a dealership, or in a business-to-business context. The agreement covers crucial aspects such as vehicle identification, price, payment terms, warranties, and transfer of ownership procedures. It incorporates necessary provisions from the Indonesian Civil Code (Kitab Undang-undang Hukum Perdata) and relevant consumer protection laws, while also addressing practical aspects of the transaction such as delivery, inspection, and documentation requirements.
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1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and ID numbers
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transaction including the bike description and agreed purchase price
5. Payment Terms: Details of how and when payment will be made
6. Delivery: Arrangements for transferring possession of the bike
7. Seller's Representations and Warranties: Statements about the bike's condition, ownership, and legal status
8. Transfer of Title: Process and obligations for legally transferring ownership
9. Registration and Documentation: Requirements for updating vehicle registration and ownership documents
10. Governing Law: Specification of Indonesian law as governing law
11. Dispute Resolution: Process for resolving any disputes between the parties
12. Notices: How formal communications between parties should be made
13. Execution: Signature blocks and execution requirements
1. Condition Inspection: Detailed section about the inspection process and acceptance of the bike's condition - used for used bikes
2. Financing Terms: Include when the purchase involves financing or installment payments
3. Insurance: Requirements for insurance during transition of ownership - relevant for high-value bikes
4. Accessories and Modifications: Details of any additional items or modifications included in the sale
5. Test Drive: Terms and conditions for test drives - typically for used bikes
6. Return Policy: Terms for returns or exchanges - typically for new bikes from dealers
7. Warranty: Additional warranty terms beyond statutory requirements - typically for new bikes
1. Schedule 1: Bike Specifications: Detailed description of the bike including make, model, year, color, engine number, frame number, and specifications
2. Schedule 2: Bike Condition Report: Detailed assessment of the bike's condition including photographs (for used bikes)
3. Schedule 3: Ownership Documents: List of all ownership documents to be transferred
4. Schedule 4: Payment Schedule: If applicable, detailed breakdown of payment installments
5. Appendix A: Registration Documents: Copies of current registration documents
6. Appendix B: Service History: Service and maintenance records (for used bikes)
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