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Deed Of Sale Of Motor Cycle
"I need a Deed of Sale of Motor Cycle for Saudi Arabia that includes installment payment terms, as I'm selling my Harley Davidson to a private buyer who will pay in 6 monthly installments starting March 2025, with a retention of title clause until full payment."
1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and ID numbers as required by Saudi law
2. Background: Brief context of the sale and confirmation that the Seller is the legal owner of the motorcycle
3. Definitions: Key terms used in the deed including 'Vehicle', 'Purchase Price', 'Transfer Date', etc.
4. Vehicle Details: Comprehensive description of the motorcycle including make, model, year, color, engine number, chassis number, and registration details
5. Sale and Purchase: Core terms of the sale including purchase price, payment method, and transfer of ownership
6. Seller's Representations: Seller's warranties about ownership, condition, and legal status of the motorcycle
7. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the motorcycle's condition
8. Transfer Process: Steps for completing the ownership transfer at the Traffic Department
9. Governing Law: Confirmation that the deed is governed by Saudi Arabian law and Sharia principles
10. Execution: Signature block and witness requirements as per Saudi law
1. Conditional Sale Terms: Used when the sale is subject to installment payments or specific conditions
2. Maintenance History: Included when there is a significant service history to be documented
3. Outstanding Loans: Required if there are any existing liens or loans against the motorcycle
4. Modifications: Needed when the motorcycle has undergone custom modifications
5. Insurance Transfer: Included when existing insurance coverage is being transferred
6. Warranty Terms: Used when the seller is providing additional warranties beyond basic representations
1. Schedule 1 - Vehicle Inspection Report: Recent technical inspection report from authorized center
2. Schedule 2 - Vehicle Registration Documents: Copies of current registration card and ownership documents
3. Schedule 3 - Photographic Evidence: Current photographs of the motorcycle showing condition and key features
4. Schedule 4 - Payment Schedule: If applicable, details of installment payments and terms
5. Schedule 5 - Maintenance Records: Service history and maintenance documentation if available
Authors
Automotive
Retail
Transportation
Financial Services
Insurance
Legal Services
Vehicle Inspection Services
Consumer Goods
Legal
Sales
Compliance
Documentation
Finance
Customer Service
Risk Management
Business Development
Administrative Services
Operations
Sales Manager
Legal Counsel
Compliance Officer
Automotive Dealer
Documentation Specialist
Contract Administrator
Finance Manager
Insurance Agent
Vehicle Registration Officer
Business Development Manager
Risk Manager
Customer Service Representative
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