The Bill of Sale Private Party Car document is essential for any private vehicle sale transaction in Pakistan. It serves as a formal record of the sale and transfer of ownership between private individuals, complying with Pakistani federal and provincial regulations. This document is required by motor vehicle registration authorities for processing ownership transfers and is commonly used when selling or buying used vehicles through private sales rather than through dealerships. The document includes critical information such as vehicle specifications, sale price, party details, and warranty disclaimers. It helps protect both parties' interests by clearly documenting the terms of sale and the vehicle's condition at the time of transfer. The document must comply with requirements set forth in the Motor Vehicles Ordinance 1965 and relevant provincial motor vehicle rules.
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1. Parties: Identification of the seller and buyer with complete legal names, CNICs, and addresses
2. Background: Brief context of the sale transaction and ownership history
3. Definitions: Key terms used in the document including 'Vehicle', 'Purchase Price', 'Transfer Date'
4. Vehicle Description: Detailed description of the vehicle including make, model, year, color, VIN/chassis number, engine number, and registration number
5. Sale and Purchase: Core terms of the sale including purchase price, payment method, and transfer of ownership
6. Seller's Representations: Seller's declarations regarding vehicle ownership, liens, encumbrances, and condition
7. Acknowledgment: Buyer's acknowledgment of vehicle inspection and acceptance of condition
8. Transfer of Title: Process and obligations for transferring vehicle title and registration
9. Governing Law: Specification that Pakistani law governs the agreement
10. Execution: Signature block with date and witness provisions
1. Payment Terms: Include when payment is not made in full at signing, detailing installment schedule
2. Delivery Terms: Include when vehicle delivery is not immediate or requires special arrangements
3. Outstanding Fines: Include when there are existing fines or penalties to be addressed
4. Maintenance History: Include when detailed service history is part of the sale agreement
5. Insurance Transfer: Include when existing insurance policy is being transferred or requirements for new insurance need to be specified
1. Schedule A - Vehicle Inspection Report: Detailed inspection report noting vehicle condition and any existing damage
2. Schedule B - Vehicle Documents: List of all documents being transferred (registration book, maintenance records, previous insurance papers)
3. Schedule C - Accessories List: Itemized list of additional accessories or modifications included in the sale
4. Appendix 1 - Payment Receipt: Official receipt for payment made towards the vehicle purchase
5. Appendix 2 - Vehicle Photos: Dated photographs of the vehicle documenting its condition at time of sale
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