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Motorcycle Sale Contract Template for Malaysia

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Key Requirements PROMPT example:

Motorcycle Sale Contract

"I need a Motorcycle Sale Contract for my dealership in Kuala Lumpur to sell a new 2024 Kawasaki Ninja with financing options, scheduled for completion by March 2025, including warranty terms and after-sales service agreements."

Document background
The Motorcycle Sale Contract is a legally binding document used in Malaysia for transactions involving the sale and purchase of motorcycles. This contract type is essential for both private sales and commercial dealership transactions, ensuring compliance with Malaysian legislation including the Road Transport Act 1987, Consumer Protection Act 1999, and where applicable, the Hire-Purchase Act 1967. The document serves to protect both parties' interests by clearly documenting the motorcycle's specifications, condition, sale price, payment terms, and transfer of ownership procedures. It includes necessary warranties and representations about the vehicle's condition and legal status, while incorporating requirements for registration transfer with the Malaysian Road Transport Department (JPJ). The contract can be customized for various scenarios, including cash purchases, hire-purchase arrangements, or dealer financing options.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full names, identification numbers, and addresses

2. Background: Brief context of the transaction and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter: Detailed description of the motorcycle being sold, including make, model, year, registration number, chassis number, and engine number

5. Purchase Price: The agreed purchase price and payment terms, including deposit and balance payment details

6. Transfer of Ownership: Terms regarding the transfer of ownership and registration, including timing and responsibilities

7. Seller's Representations and Warranties: Seller's warranties about the motorcycle's condition, ownership, and legal status

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

9. Completion: Details of the completion process, including delivery, documentation, and registration transfer

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

11. Entire Agreement: Clause stating that this document represents the complete agreement between parties

Optional Sections

1. Financing Arrangements: Details of hire-purchase or financing arrangements if the purchase is not made in cash

2. Modifications: Description of any agreed modifications to be made to the motorcycle before completion

3. Insurance: Provisions regarding insurance arrangements during the transfer period

4. Condition Precedents: Any conditions that must be met before the sale can be completed

5. Post-Sale Support: Any agreed after-sales support or warranty provisions beyond statutory requirements

6. Third-Party Rights: Provisions regarding the rights of third parties, particularly relevant if there's financing involved

Suggested Schedules

1. Schedule 1 - Motorcycle Specifications: Detailed technical specifications of the motorcycle, including all modifications and accessories

2. Schedule 2 - Condition Report: Detailed report of the motorcycle's condition at the time of sale, including any known defects

3. Schedule 3 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Appendix A - Vehicle Documentation: Copies of registration card, insurance certificates, and service history

5. Appendix B - Inspection Report: Third-party inspection report if conducted

6. Appendix C - Transfer Documentation: List of documents required for ownership transfer

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

Retail

Transportation

Financial Services

Insurance

Consumer Goods

Vehicle Leasing

Relevant Teams

Legal

Sales

Compliance

Finance

Documentation

Customer Service

Operations

Business Development

Risk Management

Administrative Support

Relevant Roles

Sales Manager

Dealership Manager

Legal Counsel

Compliance Officer

Finance Manager

Vehicle Sales Executive

Automotive Contract Administrator

Documentation Specialist

Business Development Manager

Customer Service Representative

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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