Document background
A Bill of Sale for Car is essential documentation required for any vehicle transfer in Pakistan, whether between private individuals or commercial entities. This document is used to comply with the Motor Vehicles Ordinance, 1965, and various provincial motor vehicle regulations. It serves multiple purposes: proving ownership transfer, meeting registration requirements, supporting insurance claims, and facilitating financing arrangements. The document includes crucial details such as vehicle specifications, seller and buyer information, sale price, and transfer terms. It's particularly important in Pakistan's context where vehicle documentation must meet specific provincial transport authority requirements and stamp duty regulations. The Bill of Sale also helps prevent future disputes by clearly documenting the transaction terms and vehicle condition at the time of sale.
