¶¶Òõ¶ÌÊÓƵ

The Deed of Sale Motor Vehicle is a crucial legal instrument used in Malaysia for documenting the transfer of ownership of motor vehicles. It is essential for both private and commercial transactions, providing a comprehensive framework that ensures compliance with Malaysian road transport legislation, particularly the Road Transport Act 1987. This document should be used whenever a motor vehicle is being sold or transferred, whether between individuals or corporate entities. It includes vital information such as vehicle specifications, seller and buyer details, warranties, and transfer conditions. The deed serves multiple purposes: it protects both parties' interests, facilitates vehicle registration transfer, and provides evidence of ownership change. For corporate users, it's particularly important for fleet management and asset disposal purposes.

1. Parties: Identification and details of the seller and buyer, including full names, identification numbers, and addresses

2. Background: Brief context of the transaction and confirmation of vehicle ownership by the seller

3. Definitions: Key terms used in the deed including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Sale and Purchase: Core terms of the sale including the agreement to sell and purchase the vehicle

5. Purchase Price: The agreed price and payment terms including method and timing of payment

6. Vehicle Details: Essential information about the vehicle including make, model, registration number, chassis number, and engine number

7. Completion: Details of when and how the transfer of ownership will take place

8. Seller's Warranties: Warranties regarding vehicle ownership, condition, and absence of encumbrances

9. Buyer's Acknowledgments: Confirmation that the buyer has inspected the vehicle and accepts its condition

10. Registration and Transfer: Obligations regarding the transfer of registration and required documentation

11. Governing Law: Specification that the deed is governed by Malaysian law