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Motor Vehicle Purchase Agreement Bill Of Sale
"I need a Motor Vehicle Purchase Agreement Bill of Sale for the sale of my company's fleet of three Toyota Camry vehicles to a car rental company in Kuala Lumpur, with the transfer scheduled for March 2025, including provisions for staggered payment and detailed condition reports for each vehicle."
1. Parties: Identification of the seller and buyer with full legal names, IC numbers, and addresses as required under Malaysian law
2. Background: Brief context of the transaction 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: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and registration number
5. Purchase Price and Payment: Agreed purchase price, payment terms, and method of payment
6. Transfer of Ownership: Terms regarding the transfer of vehicle ownership and registration with JPJ (Road Transport Department)
7. Seller's Warranties: Seller's representations regarding vehicle ownership, condition, and absence of encumbrances
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Completion: Details of completion process, including document handover and vehicle delivery
10. Governing Law: Specification that Malaysian law governs the agreement
11. Execution: Signature blocks for parties and witnesses as required under Malaysian law
1. Condition Report: Detailed report of vehicle condition - recommended for used vehicles or high-value transactions
2. Payment Schedule: Include when payment is to be made in installments rather than a single payment
3. Vehicle Modifications: Details of any modifications to the vehicle - important for modified vehicles
4. Outstanding Loans: Declaration regarding any outstanding loans or hire purchase agreements - include if vehicle was previously financed
5. Insurance Transfer: Terms regarding transfer of existing insurance policy - include if insurance is being transferred
6. Warranty Terms: Additional warranty terms beyond statutory requirements - include for dealer sales or when specific warranties are offered
7. Return Policy: Terms for vehicle return or exchange - typically included in dealer sales
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle
2. Schedule 2 - Vehicle Inspection Report: Professional inspection report including photographs and condition assessment
3. Schedule 3 - Service History: Documentation of vehicle maintenance and service history
4. Schedule 4 - Registration Documents: Copies of current registration card and other JPJ documentation
5. Appendix A - Vehicle Photographs: Dated photographs of vehicle exterior, interior, and any damage or defects
6. Appendix B - Accessory List: Detailed list of accessories and additional equipment included in the sale
Authors
Automotive
Transportation
Retail
Fleet Management
Logistics
Car Rental
Automotive Finance
Insurance
Manufacturing
Corporate Services
Legal
Sales
Procurement
Compliance
Finance
Operations
Administrative
Risk Management
Documentation
Vehicle Registration
Contract Management
Sales Manager
Fleet Manager
Procurement Officer
Legal Counsel
Compliance Officer
Finance Manager
Vehicle Inspector
Automotive Sales Executive
Business Development Manager
Administrative Officer
Contract Administrator
Risk Manager
Operations Manager
Vehicle Registration Officer
Documentation Specialist
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