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The Motor Vehicle Contract of Sale is a crucial legal document used in Saudi Arabia for both private and commercial vehicle transactions. It is designed to comply with Saudi Arabian commercial law, traffic regulations, and Sharia principles, making it suitable for individual sellers, car dealerships, and corporate entities. The contract includes essential elements such as detailed vehicle specifications, ownership verification, payment terms, and transfer procedures required by Saudi authorities. It's particularly important given Saudi Arabia's strict vehicle registration and transfer requirements, and it helps prevent future disputes by clearly documenting the transaction terms and conditions. The document is commonly used in new and used vehicle sales, fleet purchases, and corporate vehicle acquisitions, providing a standardized approach to vehicle transactions while ensuring regulatory compliance.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and official ID numbers as required by Saudi law

2. Background: Brief context of the sale transaction and confirmation that the seller is the legitimate owner of the vehicle

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

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, registration number, and current odometer reading

5. Sale and Purchase: Core agreement for the sale and purchase, including the purchase price and payment terms

6. Payment Terms: Detailed breakdown of the payment structure, method of payment, and timing

7. Transfer of Ownership: Process and obligations regarding the transfer of vehicle ownership through official channels

8. Seller's Representations: Warranties regarding vehicle ownership, condition, absence of liens, and compliance with Saudi regulations

9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition

10. Completion Requirements: Documentation and procedures required to complete the sale under Saudi law

11. Governing Law: Confirmation that the agreement is governed by Saudi law and Sharia principles