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Absolute Deed Of Sale Of Motor Vehicle Template for Malaysia

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Key Requirements PROMPT example:

Absolute Deed Of Sale Of Motor Vehicle

"I need an Absolute Deed of Sale of Motor Vehicle for selling my personal Toyota Camry to an individual buyer in Kuala Lumpur, with the full payment of RM 85,000 to be made upon signing in March 2025."

Document background
The Absolute Deed of Sale of Motor Vehicle is a crucial legal document used in Malaysia for documenting and executing the transfer of ownership of motor vehicles. This document is essential when conducting vehicle sales transactions, whether between private individuals or corporate entities, and must comply with Malaysian legal requirements, particularly the Road Transport Act 1987 and the Contracts Act 1950. The deed serves as conclusive evidence of the transfer of ownership, containing detailed information about the vehicle, parties involved, purchase price, and warranties. It is designed to protect both the seller's and buyer's interests while ensuring proper documentation for vehicle registration transfer with the Malaysian Road Transport Department (JPJ).
Suggested Sections

1. Parties: Identifies and provides full details of the Seller and Buyer, including their complete names, identification numbers, and addresses

2. Background: Brief context of the transaction and confirmation of the Seller's ownership and right to sell

3. Definitions: Defines key terms used throughout the deed, including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, engine number, chassis number, and registration number

5. Sale and Purchase: Core provision stating the absolute sale and transfer of the vehicle from Seller to Buyer

6. Purchase Price: States the agreed purchase price and confirms payment terms or receipt of payment

7. Seller's Representations and Warranties: Warranties regarding vehicle ownership, condition, encumbrances, and regulatory compliance

8. Transfer of Ownership: Details the process and timing of ownership transfer, including registration requirements

9. Completion: Specifies the completion requirements, including document handover and vehicle delivery

10. Governing Law: Confirms Malaysian law as the governing law of the deed

Optional Sections

1. Condition of Vehicle: Detailed description of the vehicle's current condition, recommended when selling used vehicles

2. Outstanding Loans: Declaration regarding any outstanding loans or encumbrances, required if the vehicle has existing financing

3. Vehicle Inspection: Details of any pre-sale inspection conducted, recommended for high-value or classic vehicles

4. Tax Obligations: Clarification of tax responsibilities, needed when specific tax implications exist

5. Insurance Transfer: Provisions regarding transfer or termination of existing insurance, relevant when existing policies need to be addressed

Suggested Schedules

1. Schedule 1 - Vehicle Specifications: Detailed technical specifications of the vehicle including all modifications and accessories

2. Schedule 2 - Vehicle Documentation: List of all documents being transferred, including registration card, maintenance records, and previous ownership documents

3. Schedule 3 - Payment Details: Breakdown of payment terms and method if not paid in full at completion

4. Schedule 4 - Vehicle Inspection Report: Copy of recent vehicle inspection report or condition assessment

5. Appendix A - Photographs: Recent photographs of the vehicle showing its current condition and any damage or defects

Authors

Alex Denne

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

Relevant legal definitions

























Clauses




















Relevant Industries

Automotive

Transportation

Fleet Management

Logistics

Car Dealership

Insurance

Legal Services

Vehicle Leasing

Corporate Services

Private Transportation

Relevant Teams

Legal

Procurement

Administration

Compliance

Sales

Operations

Fleet Management

Risk Management

Corporate Secretariat

Contract Management

Relevant Roles

Legal Counsel

Fleet Manager

Procurement Manager

Administrative Officer

Compliance Officer

Contract Administrator

Sales Manager

Vehicle Registration Officer

Corporate Secretary

Risk Manager

Operations Manager

Legal Administrator

Transport Manager

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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