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The Car Sale Agreement serves as a crucial legal instrument for documenting and formalizing the transfer of vehicle ownership in Saudi Arabia. It is designed for use in both private sales between individuals and commercial transactions involving dealerships or corporate entities. The agreement ensures compliance with Saudi Arabian commercial law, traffic regulations, and consumer protection requirements while providing clear documentation of the transaction terms, vehicle condition, and ownership transfer process. This document is essential for protecting both parties' interests, facilitating proper vehicle registration, and maintaining a clear chain of ownership in accordance with local regulations. It includes provisions for various payment methods, warranty terms where applicable, and specific requirements for vehicle documentation and transfer procedures in Saudi Arabia.

1. Parties: Identification of the seller and buyer with their full legal names, national ID numbers/Iqama numbers, and contact details as required by Saudi law

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

3. Definitions: Key terms used in the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', and other relevant terms

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN, registration number, and odometer reading

5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule including VAT considerations

6. Transfer of Ownership: Process and obligations for transferring vehicle ownership through official Saudi channels

7. Seller's Representations and Warranties: Seller's declarations about vehicle condition, ownership, and absence of encumbrances

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

9. Completion Requirements: Steps required to complete the sale including documentation and registration requirements

10. Risk and Insurance: Transfer of risk and insurance responsibilities

11. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction