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The Car Transfer Agreement is a crucial document used in Saudi Arabia when transferring ownership of a vehicle between parties, whether individuals or corporations. This agreement is essential for documenting the terms and conditions of the transfer while ensuring compliance with Saudi Traffic Law, Islamic Law (Sharia), and other relevant regulations. It's particularly important as it provides legal protection for both parties and serves as official documentation for the Saudi Traffic Department. The agreement includes comprehensive details about the vehicle, parties involved, payment terms, and transfer procedures. It's commonly used in both private sales and commercial transactions, requiring careful attention to local legal requirements and documentation standards. The document must be prepared in accordance with Saudi Arabian jurisdiction requirements and may need to be presented to various authorities during the transfer process.

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

2. Background: Brief context of the transaction and the parties' intention to transfer the vehicle

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

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

5. Purchase Price and Payment Terms: Agreed purchase price, payment method, and timing of payment in accordance with Saudi banking regulations

6. Transfer of Ownership: Process and obligations for legal transfer of ownership through the Saudi Traffic Department

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

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

9. Handover Process: Details of vehicle delivery, including timing, location, and required documentation

10. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction for disputes

11. Entire Agreement: Statement that the agreement represents the complete understanding between parties

12. Execution: Signature requirements and execution process in accordance with Saudi legal requirements