Document background
The Agreement Letter Between Buyer And Seller Of Car is a crucial document used in Singapore when transferring ownership of a motor vehicle. This document serves as legal evidence of the transaction and protects both parties' interests by clearly stating the terms of sale, vehicle condition, and payment arrangements. It ensures compliance with Singapore's strict vehicle ownership regulations, including LTA requirements, COE considerations, and transfer procedures. The agreement is particularly important given Singapore's unique vehicle ownership system and high-value nature of vehicle transactions in the country.
