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Car Selling Contract
"I need a Car Selling Contract for UAE that covers the sale of a used luxury vehicle from my dealership to a private buyer, including extended warranty terms and a trade-in arrangement, to be completed by March 2025."
1. Parties: Identification of seller and buyer with full legal names, Emirates ID numbers, and contact details as required by UAE law
2. Background: Brief context of the sale and confirmation of seller's ownership and right to sell
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Vehicle Details: Complete specification of the vehicle including make, model, year, color, chassis number, engine number, and registration details
5. Purchase Price and Payment Terms: Agreed price, payment method, and schedule including VAT details as per UAE requirements
6. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA, including required documentation
7. Seller's Representations: Warranties about vehicle ownership, condition, and absence of liens or encumbrances
8. Buyer's Acknowledgments: Confirmation of vehicle inspection and acceptance of condition
9. Completion Requirements: Steps for completing the sale including RTA transfer, payment confirmation, and handover process
10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
1. Warranties: Detailed warranty terms - required for new vehicles or when specific warranties are offered
2. Vehicle History: For used vehicles - includes accident history, service records, and previous ownership
3. Trade-In Details: When part of the purchase price includes a vehicle trade-in
4. Finance and Security: When the purchase involves financing or security arrangements
5. Commercial Terms: Additional terms for commercial sales between dealers or businesses
6. Insurance Requirements: Specific insurance arrangements during transfer period
7. After-Sales Service: For new vehicles or when specific service agreements are included
1. Vehicle Specification Sheet: Detailed technical specifications and features of the vehicle
2. Condition Report: Detailed report of vehicle condition including photographs and noted defects
3. Service History: Records of previous maintenance and services
4. Required Documents Checklist: List of documents required for RTA transfer
5. Payment Schedule: If payment is to be made in installments
6. Warranty Certificate: Details of warranty coverage and terms
Authors
Automotive
Retail
Transportation
Fleet Management
Car Rental
Vehicle Leasing
Automotive Finance
Insurance
Luxury Goods
Used Car Market
Legal
Sales
Compliance
Finance
Operations
Administrative
Procurement
Risk Management
Documentation
Customer Service
Sales Manager
Fleet Manager
Legal Counsel
Compliance Officer
Procurement Manager
Automotive Dealer
Contract Administrator
Business Development Manager
Finance Manager
Operations Manager
Vehicle Sales Executive
Documentation Specialist
Risk Manager
Administrative Officer
Corporate Secretary
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