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The Auto Sale Bill of Sale is a critical legal document used in Nigeria when transferring ownership of a motor vehicle between parties. It serves as both a receipt and a legal record of the transaction, essential for complying with Nigerian federal and state vehicle registration requirements. This document should be used whenever a vehicle is sold or transferred, whether between private parties, through dealerships, or in commercial fleet transactions. It includes vital information such as the vehicle's details, sale price, date of transfer, and parties' information, while incorporating necessary disclaimers and warranties. The document must comply with Nigerian legal requirements for vehicle transfers and can be used as evidence of ownership for registration purposes with the Federal Road Safety Commission. It also helps prevent future disputes by clearly documenting the terms and conditions of the sale.

1. Parties: Identifies the seller and buyer with their full legal names, addresses, and contact information

2. Background: Brief context stating the seller's ownership and intention to sell the vehicle to the buyer

3. Definitions: Defines key terms used in the document such as 'Vehicle', 'Purchase Price', 'Effective Date'

4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, VIN, registration number, and mileage

5. Purchase Price and Payment: States the agreed purchase price and payment terms

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

7. Transfer of Title: Explicit statement of transfer of ownership from seller to buyer

8. Odometer Disclosure: Statement of the vehicle's mileage at the time of sale

9. As-Is Condition: Statement that the vehicle is sold 'as-is' without warranties unless otherwise specified

10. Governing Law: Specifies that Nigerian law governs the agreement

11. Signatures: Space for parties' signatures, dates, and witness information