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The Car Payment Agreement Between Two Parties is essential for vehicle transactions in Qatar where the full payment is not made upfront. This document is commonly used in both private sales and dealership transactions, establishing a legally binding framework for installment payments while ensuring compliance with Qatar's legal requirements. The agreement details the vehicle specifications, payment terms, ownership transfer conditions, and parties' obligations. It incorporates necessary provisions from Qatar's Civil Code, Traffic Law, and financial regulations, making it suitable for various scenarios from private sales to commercial transactions. The document provides security for both seller and buyer by clearly defining payment terms, default consequences, and ownership rights throughout the payment period.

1. Parties: Identification and details of both parties including full legal names, addresses, and Qatar ID numbers

2. Background: Context of the agreement and brief description of the transaction

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Payment Schedule', 'Default', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, color, and current mileage

5. Purchase Price and Payment Terms: Total purchase price, payment schedule, installment amounts, and payment methods

6. Transfer of Ownership: Conditions and process for transferring vehicle ownership upon completion of payments

7. Default and Remedies: Consequences of payment default and available remedies for both parties

8. Insurance and Maintenance: Requirements for vehicle insurance and maintenance during the payment period

9. Representations and Warranties: Statements of fact and promises made by both parties regarding the vehicle and payment capability

10. Governing Law and Jurisdiction: Specification of Qatar law as governing law and Qatar courts as having jurisdiction