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Deed Of Sale Form Motorcycle Template for Malaysia

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Key Requirements PROMPT example:

Deed Of Sale Form Motorcycle

"I need a Deed of Sale Form Motorcycle for selling my Honda CBR250R to a private buyer, with payment in three installments and final completion by March 2025; the document should include extended warranty terms as the motorcycle is only 2 years old."

Document background
The Deed Of Sale Form Motorcycle is a crucial legal document used in Malaysia for documenting and executing the transfer of motorcycle ownership. It is essential for both private sales and commercial transactions, ensuring compliance with Malaysian vehicle transfer regulations and the Road Transport Act 1987. This document is typically used when selling or purchasing a motorcycle, whether through a dealership or in a private transaction, and includes comprehensive details about the vehicle, warranty terms, and transfer conditions. The deed must meet specific Malaysian legal requirements for vehicle ownership transfer and registration with the Road Transport Department (JPJ). It serves as a permanent record of the transaction and helps protect both parties' interests by clearly stating the terms of sale, condition of the motorcycle, and responsibilities of each party.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, identification numbers, and addresses

2. Background: Brief context of the sale and confirmation that the Seller is the legal owner of the motorcycle

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

4. Sale and Purchase: Core terms of the sale including the agreement to sell and purchase the motorcycle

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

6. Vehicle Details: Complete description of the motorcycle including registration number, make, model, year, engine number, and chassis number

7. Completion: Details of when and how the sale will be completed, including handover of motorcycle and documents

8. Seller's Warranties: Standard warranties about ownership, condition, and legal status of the motorcycle

9. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the motorcycle's condition

10. Execution: Formal signing section including witness requirements

Optional Sections

1. Conditional Sale Terms: Used when the sale is subject to specific conditions such as loan approval or inspection

2. Extended Warranties: Additional warranties beyond standard ones, typically used for newer or premium motorcycles

3. Payment in Installments: Required when the purchase price is to be paid in installments rather than as a lump sum

4. Transfer Costs: Detailed breakdown of who bears various transfer costs, used when these need specific allocation

5. Post-Sale Obligations: Used when there are specific requirements after sale completion, such as maintenance agreements

Suggested Schedules

1. Schedule 1 - Vehicle Specifications: Detailed technical specifications and features of the motorcycle

2. Schedule 2 - Vehicle Condition Report: Detailed assessment of the motorcycle's condition including any known defects

3. Schedule 3 - List of Documents: Inventory of all documents being transferred with the motorcycle

4. Appendix A - Photographs: Recent photographs of the motorcycle showing its current condition

5. Appendix B - Service History: Records of maintenance and repairs if available

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






























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Relevant Industries

Automotive

Transportation

Retail

Insurance

Financial Services

Logistics

Motorcycle Dealerships

Vehicle Leasing

Relevant Teams

Legal

Compliance

Sales

Administration

Finance

Documentation

Vehicle Registration

Customer Service

Risk Management

Operations

Relevant Roles

Sales Manager

Dealership Manager

Legal Counsel

Compliance Officer

Finance Manager

Insurance Agent

Vehicle Registration Officer

Administrative Assistant

Contract Administrator

Fleet Manager

Motorcycle Sales Executive

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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