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The Used Car Sale Contract Private Party is essential for documenting the legal transfer of a used vehicle between private individuals in Hong Kong. This document is typically used when a private owner wishes to sell their vehicle directly to another private party without involving a dealership. It ensures compliance with Hong Kong's vehicle transfer regulations while protecting both parties' interests. The contract includes crucial details such as vehicle specifications, sale price, condition disclosures, and warranty terms. It also addresses Hong Kong-specific requirements for vehicle registration transfer, mandatory insurance, and roadworthiness certification. This document is distinct from dealer contracts and is specifically tailored for private transactions under Hong Kong law.

1. Parties: Identification of the Seller and Buyer with full legal names and contact details

2. Background: Brief context of the sale and confirmation that the Seller owns the vehicle

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

4. Sale and Purchase: Core agreement to sell and purchase the vehicle, including the purchase price

5. Vehicle Details: Complete description of the vehicle including make, model, year, color, VIN, registration number

6. Condition of Vehicle: Description of vehicle's current condition, known defects, and maintenance history

7. Purchase Price and Payment: Amount, payment method, and timing of payment

8. Completion: Process for physical handover of vehicle and transfer of ownership documents

9. Seller's Warranties: Seller's declarations about vehicle ownership, condition, and absence of encumbrances

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

11. Transfer of Registration: Process and responsibilities for completing vehicle registration transfer

12. Governing Law: Specification of Hong Kong law as governing law

13. Signing: Execution blocks for both parties