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Deed Of Absolute Sale Motor Vehicle Template
"I need a Deed of Absolute Sale Motor Vehicle Template for selling my 2020 Toyota Camry to a private buyer in New South Wales, with payment to be made in three installments between January and March 2025, and I want to include specific clauses about the vehicle's modified suspension system."
1. Parties: Identifies and provides full details of the Seller and Buyer, including names, addresses, and contact information
2. Background: Sets out the context of the sale, confirming the Seller's ownership and intention to sell, and the Buyer's intention to purchase
3. Definitions: Defines key terms used throughout the deed for clarity and legal certainty
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN/chassis number, registration number, and color
5. Sale and Purchase: Core terms of the sale including the purchase price, payment terms, and confirmation of transfer of ownership
6. Seller's Warranties: Warranties regarding vehicle ownership, absence of encumbrances, and accuracy of information provided
7. Vehicle Condition: Statement of the vehicle's condition, including known defects or issues
8. Transfer of Registration: Requirements and procedures for transferring vehicle registration to the Buyer
9. Risk and Insurance: Specifies when risk passes to the Buyer and insurance requirements
10. Execution: Formal signing section including witness requirements
1. Cooling-Off Period: Include when required by state law or agreed between parties, typically for dealer sales
2. Payment by Installments: Include when the purchase price is to be paid in installments rather than as a lump sum
3. Third-Party Interests: Include when there are existing loans or encumbrances that need to be discharged
4. Modifications and Accessories: Include when the vehicle has significant modifications or removable accessories
5. Trade-In Details: Include when part of the transaction involves a trade-in vehicle
6. Warranty Transfer: Include when an existing manufacturer's warranty is being transferred
7. GST Treatment: Include when either party is registered for GST or when the sale has GST implications
1. Schedule 1 - Vehicle Inspection Report: Detailed report on the vehicle's condition and any identified issues
2. Schedule 2 - Service History: Documentation of the vehicle's maintenance and service history
3. Schedule 3 - Registration Documents: Copies of current registration documents and transfer forms
4. Schedule 4 - Vehicle Photographs: Dated photographs showing the condition of the vehicle at time of sale
5. Schedule 5 - PPSR Certificate: Personal Property Securities Register search results showing encumbrance status
6. Schedule 6 - Accessories List: Detailed list of all accessories included in the sale
7. Appendix A - Payment Schedule: If applicable, detailed schedule of installment payments
Authors
Automotive
Transportation
Legal Services
Financial Services
Insurance
Fleet Management
Vehicle Leasing
Automotive Retail
Corporate Services
Legal
Compliance
Operations
Fleet Management
Sales
Finance
Risk Management
Procurement
Administrative Services
Corporate Services
Legal Counsel
Fleet Manager
Automotive Sales Manager
Compliance Officer
Contract Administrator
Business Development Manager
Vehicle Finance Manager
Risk Manager
Operations Manager
Procurement Officer
Legal Administrator
Dealership Manager
Corporate Services Manager
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