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Used Car Bill Of Sale Template for Malaysia

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Key Requirements PROMPT example:

Used Car Bill Of Sale

"I need a Used Car Bill of Sale for my 2020 Honda Civic being sold to a private buyer in Kuala Lumpur, with special provisions for a 30-day warranty period and a pre-sale inspection requirement to be completed by March 15, 2025."

Document background
The Used Car Bill of Sale is a critical legal document used in Malaysia when transferring ownership of a pre-owned vehicle. It serves as both a receipt and a legal contract, documenting the terms and conditions of the sale while complying with Malaysian transportation and consumer protection laws. This document is essential for private sales, dealership transactions, and corporate vehicle transfers, providing protection for both buyers and sellers. It includes vital information such as vehicle details, price, condition disclosures, and transfer terms, while also meeting requirements for vehicle registration transfer with the Malaysian Road Transport Department (JPJ). The document should be prepared in accordance with the Road Transport Act 1987 and other relevant Malaysian legislation, making it a crucial tool for ensuring a legally sound vehicle transfer.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, MyKad numbers, and complete addresses

2. Background: Brief context of the transaction and confirmation that the seller is the legal owner of the vehicle

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

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

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

6. Seller's Representations: Seller's declarations regarding vehicle ownership, encumbrances, road tax status, and accident history

7. Transfer of Ownership: Terms and process for transferring vehicle ownership, including registration transfer requirements

8. Completion: Details of when and where the vehicle and payment will be exchanged

9. Vehicle Condition: Statement of the vehicle's current condition and that it's sold 'as is'

10. Governing Law: Specification that the agreement is governed by Malaysian law

11. Execution: Signature blocks for parties and witnesses

Optional Sections

1. Deposit Terms: Include when a deposit is part of the payment structure, specifying amount and whether refundable

2. Warranty: Include if the seller is providing any specific warranties beyond statutory requirements

3. Payment Installation: Include if the payment is to be made in installments rather than a single payment

4. Inspection Period: Include if buyer is given a specific period to inspect the vehicle before finalizing the purchase

5. Third-Party Claims: Include specific provisions about handling any third-party claims that may arise after the sale

6. Outstanding Loans: Include if there are any outstanding loans that need to be settled as part of the sale

Suggested Schedules

1. Schedule 1 - Vehicle Inspection Report: Detailed report of the vehicle's condition, including photographs and any known defects

2. Schedule 2 - Vehicle Service History: Records of previous maintenance and repairs

3. Schedule 3 - Vehicle Registration Documents: Copies of current registration card and other relevant vehicle documents

4. Schedule 4 - Payment Schedule: If applicable, detailed breakdown of payment installments and dates

5. Appendix A - Vehicle Handover Checklist: List of items to be checked and confirmed during vehicle handover

6. Appendix B - Supporting Documents: Copies of seller's identification, insurance documents, and other relevant certificates

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

Relevant legal definitions






























Clauses

























Relevant Industries

Automotive

Financial Services

Insurance

Legal Services

Transportation

Retail

Consumer Services

Asset Management

Relevant Teams

Legal

Compliance

Sales

Finance

Administrative

Risk Management

Documentation

Asset Management

Corporate Services

Operations

Relevant Roles

Used Car Sales Manager

Automotive Sales Executive

Legal Counsel

Compliance Officer

Finance Manager

Insurance Agent

Vehicle Fleet Manager

Administrative Officer

Documentation Specialist

Property Manager

Asset Manager

Corporate Secretary

Legal Administrator

Risk Management Officer

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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