The Vehicle Selling Agreement is essential for documenting the legal transfer of vehicle ownership in Austria. It is used in various contexts, from private sales to commercial transactions involving dealerships or fleet managers. The agreement ensures compliance with Austrian regulations, including the ABGB, KFG, and consumer protection laws, while protecting both parties' interests through clear documentation of the vehicle's condition, ownership history, and sale terms. This document is particularly important as vehicle sales often involve significant financial transactions and potential liabilities. The agreement should be used whenever a vehicle is being sold, whether between private individuals, companies, or a combination thereof, as it provides a clear framework for the transaction and helps prevent future disputes.
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1. Parties: Identification of seller and buyer with full legal names, addresses, and registration numbers if applicable
2. Background: Brief context of the sale, including confirmation that the seller owns the vehicle and wishes to sell it to the buyer
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, mileage, and condition
5. Purchase Price and Payment: The agreed purchase price, payment method, and payment schedule if applicable
6. Transfer of Ownership: Terms regarding the transfer of title and registration, including timing and responsibilities
7. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, accident history, and legal status
8. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
9. Completion: Details of the handover process, including location, timing, and required documentation
10. Governing Law: Specification that Austrian law governs the agreement
1. Deposit: Terms for any deposit payment, applicable when a deposit is required before completion
2. Condition Precedents: Any conditions that must be met before completion, such as successful mechanical inspection
3. Vehicle Maintenance History: Detailed service history section, particularly relevant for luxury or classic vehicles
4. Insurance and Risk: Specific provisions about insurance requirements and transfer of risk, important for delayed completion
5. Breach and Termination: Extended provisions for breach remedies and termination rights, useful in higher-value transactions
6. Data Protection: GDPR compliance section, required when personal data processing goes beyond basic contract execution
1. Vehicle Inspection Report: Recent technical inspection report detailing vehicle condition
2. Vehicle Documents: List of all documentation provided with the vehicle (registration papers, service book, etc.)
3. Vehicle Photographs: Dated photographs showing vehicle condition at time of agreement
4. Maintenance Records: Detailed service history and maintenance documentation
5. Outstanding Finance Declaration: Declaration that no outstanding finance exists on the vehicle
Relevant legal definitions
Clauses
Relevant Industries
Automotive
Transportation
Retail
Manufacturing
Leasing
Insurance
Fleet Management
Logistics
Relevant Teams
Legal
Sales
Compliance
Operations
Fleet Management
Procurement
Risk Management
Contract Administration
Business Development
Relevant Roles
Sales Manager
Fleet Manager
Automotive Dealer
Legal Counsel
Compliance Officer
Contract Administrator
Business Development Manager
Operations Manager
Procurement Manager
Risk Manager
Vehicle Fleet Administrator
Dealership Manager
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