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Car Sales Deposit Agreement
"I need a Car Sales Deposit Agreement for my luxury car dealership in Singapore, specifically for a Porsche 911 sale with a 10% deposit requirement and a completion date of March 15, 2025. The agreement should include trade-in provisions for the buyer's existing vehicle."
1. Parties: Details of buyer and seller including full legal names and addresses
2. Background: Context of the transaction and purpose of the deposit agreement
3. Definitions: Key terms used throughout the agreement
4. Vehicle Details: Comprehensive description of the vehicle including make, model, registration number
5. Deposit Amount: Specified amount and payment terms
6. Purchase Price: Total agreed purchase price and payment schedule
7. Completion Timeline: Agreed timeframe for completing the sale
8. Refund Conditions: Circumstances under which deposit will be refunded
1. Vehicle Condition Report: Detailed assessment of vehicle condition - use for used vehicles or when specifically requested
2. Trade-in Terms: Details of any vehicle being traded in - include when there's a trade-in vehicle involved
3. Financing Arrangements: Details of any financing or loan arrangements - include when buyer requires financing
1. Vehicle Inspection Report: Recent inspection report if available
2. Vehicle Registration Documents: Copies of current registration documents
3. Payment Schedule: Detailed breakdown of payment timeline
4. Vehicle Photographs: Current photographs of vehicle condition
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