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Car Sold As Is Contract

Car Sold As Is Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Car Sold As Is Contract

"I need a Car Sold As Is Contract for the sale of my 2020 Mercedes-Benz S-Class in Dubai, UAE, with specific disclaimers about the existing minor bodywork damage and non-functional parking sensors, with the sale scheduled for January 15, 2025."

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Document background
The Car Sold As Is Contract is essential for transactions in the UAE where vehicles are being sold in their current condition without warranties or future guarantees. This document is commonly used by private sellers, dealerships, and fleet management companies when selling used vehicles or when transferring ownership of vehicles that may have known issues or significant mileage. The contract, governed by UAE law, particularly Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 24 of 2006 (Consumer Protection Law), provides crucial protection for sellers by explicitly stating the as-is nature of the sale and documenting the buyer's acceptance of the vehicle's condition. It includes all necessary elements required by UAE traffic authorities for legal vehicle transfer and typically includes detailed vehicle specifications, condition reports, and transfer documentation.
Suggested Sections

1. Parties: Identification of the seller and buyer with complete details including Emirates ID numbers

2. Background: Brief context of the sale and acknowledgment that the vehicle is being sold 'as is'

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

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, and current mileage

5. Purchase Price and Payment: Agreed purchase price and payment terms including method and timing of payment

6. As Is Condition and Disclaimers: Clear statement that the vehicle is sold as is, with explicit disclaimers regarding warranties and future repairs

7. Seller's Representations: Basic representations about vehicle ownership and authority to sell

8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of as-is condition

9. Transfer of Title: Process and obligations regarding the transfer of vehicle ownership

10. Governing Law: Specification that UAE law governs the agreement

11. Signatures: Execution block for both parties

Optional Sections

1. Inspection Report: Section detailing results of any pre-sale inspection, recommended when a recent inspection has been conducted

2. Known Defects: Specific listing of known issues with the vehicle, recommended for transparency when specific defects are known

3. Payment Installments: Details of installment payment structure, used when the purchase price is not paid in full at signing

4. Export/Import: Additional provisions if the vehicle is being sold for export, including required documentation

5. Third-Party Rights: Provisions regarding any existing liens or third-party interests in the vehicle

6. Post-Sale Obligations: Any agreed responsibilities after sale completion, such as temporary storage or delivery arrangements

Suggested Schedules

1. Schedule 1 - Vehicle Specification: Detailed technical specifications and features of the vehicle

2. Schedule 2 - Vehicle Condition Report: Current condition assessment including photographs and noted defects

3. Schedule 3 - Service History: Available maintenance and repair records

4. Appendix A - Vehicle Registration Card: Copy of current vehicle registration card

5. Appendix B - Inspection Documents: Recent vehicle inspection reports or certificates

6. Appendix C - Transfer Documents: Required RTA forms and transfer documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions























Clauses
























Relevant Industries

Automotive

Retail

Transportation

Fleet Management

Vehicle Leasing

Insurance

Legal Services

Consumer Goods

Relevant Teams

Legal

Sales

Operations

Compliance

Risk Management

Documentation

Fleet Management

Customer Service

Administrative Support

Relevant Roles

Sales Manager

Fleet Manager

Legal Counsel

Compliance Officer

Used Car Sales Executive

Vehicle Inspector

Automotive Dealer

Business Owner

Operations Manager

Contract Administrator

Risk Manager

Documentation Specialist

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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