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Bike Sale Purchase Agreement
"I need a Bike Sale Purchase Agreement for selling my personal Honda CD 70 motorcycle to a private buyer, with full payment to be made upfront and transfer of registration to be completed by March 2025."
1. Parties: Identification of the seller and buyer with complete details including name, CNIC, address and contact information
2. Background: Brief context of the sale transaction and confirmation that the seller owns the bike free from encumbrances
3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Sale and Purchase: Core agreement to sell and purchase the bike, including the purchase price and basic terms
5. Vehicle Details: Comprehensive description of the bike including make, model, year, registration number, chassis number, and engine number
6. Purchase Price and Payment: Detailed terms of payment including amount, method, and timing of payment
7. Completion: Details of when and where the bike will be delivered and ownership transferred
8. Seller's Representations and Warranties: Warranties about bike ownership, condition, and absence of encumbrances
9. Transfer of Registration: Process and responsibilities for transferring vehicle registration to the buyer
10. Governing Law and Jurisdiction: Specification that Pakistani law governs and jurisdiction for disputes
1. Inspection and Test Drive: To be included when the buyer wishes to inspect or test drive the bike before purchase
2. Financing Terms: Include when the purchase involves financing or installment payments
3. Dealer Warranty: Include when the sale is through a dealer offering additional warranties
4. Insurance: Include when specific insurance arrangements are part of the sale
5. Condition Report: Include when selling used bikes to document existing condition and any defects
6. Third-Party Rights: Include when there are interested third parties (e.g., financiers or guarantors)
1. Schedule 1 - Vehicle Specifications: Detailed technical specifications and features of the bike
2. Schedule 2 - Payment Schedule: If payment is in installments, detailed breakdown of payment dates and amounts
3. Schedule 3 - Required Documentation: List of documents required for transfer including registration book, tax tokens, etc.
4. Schedule 4 - Condition Report: Detailed report of bike's condition including photographs and noted defects
5. Appendix A - Registration Documents: Copies of current registration documents and transfer forms
6. Appendix B - Service History: Records of previous servicing and maintenance if available
Authors
Automotive
Transportation
Retail
Financial Services
Insurance
Manufacturing
Logistics
Vehicle Leasing
Vehicle Trading
Legal
Sales
Procurement
Operations
Compliance
Finance
Documentation
Fleet Management
Business Development
Administrative Services
Sales Manager
Automotive Dealer
Fleet Manager
Legal Counsel
Procurement Officer
Vehicle Finance Manager
Compliance Officer
Business Development Manager
Operations Manager
Documentation Specialist
Vehicle Registration Officer
Corporate Transport Manager
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