The Simple Car Sale Agreement is a standardized contract used in Singapore for documenting the transfer of ownership of a motor vehicle. This document is essential for both private sales and commercial transactions, ensuring compliance with Singapore's regulatory requirements, including LTA regulations and the Sale of Goods Act. The agreement covers crucial elements such as vehicle specifications, price, payment terms, warranties, and transfer procedures. It provides legal protection for both buyer and seller while facilitating a clear record of the transaction for regulatory purposes.
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1. Parties: Identification of seller and buyer with full details
2. Background: Context of the sale and basic transaction information
3. Definitions: Key terms used in the agreement
4. Vehicle Details: Comprehensive description of the vehicle including registration number, make, model, year
5. Purchase Price: Agreed price and payment terms
6. Transfer of Ownership: Terms of title transfer and registration
7. Warranties: Basic warranties about vehicle condition and ownership
8. Signing and Execution: Signature blocks and execution details
1. Condition Report: Detailed vehicle condition assessment - use for used vehicles or when specifically requested
2. Payment Schedule: Detailed payment terms - use when payment is in installments
3. Vehicle Inspection: Pre-sale inspection terms - use when buyer requests inspection period
4. Accessories: List of included/excluded accessories - use when vehicle includes significant accessories
1. Schedule 1 - Vehicle Documentation: Copies of registration card, insurance, road tax documents
2. Schedule 2 - Vehicle Inspection Report: Recent inspection results and certification
3. Schedule 3 - Service History: Maintenance and service records
4. Schedule 4 - Vehicle Photos: Current photographs of vehicle condition
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