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Private Sale Vehicle Purchase Agreement for Indonesia

Private Sale Vehicle Purchase Agreement Template for Indonesia

This document is a comprehensive agreement governed by Indonesian law, designed for private vehicle sales transactions between individuals. It encompasses all essential elements required under Indonesian civil law and transportation regulations, including detailed vehicle specifications, purchase terms, ownership transfer procedures, and compliance with local registration requirements. The agreement ensures proper documentation of the transaction in accordance with Law No. 22 of 2009 on Traffic and Road Transportation and related regulations, while protecting both buyer's and seller's interests through clear terms and conditions.

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What is a Private Sale Vehicle Purchase Agreement?

The Private Sale Vehicle Purchase Agreement is a crucial legal document used in Indonesia for documenting the sale and purchase of vehicles between private parties. It is designed to comply with Indonesian civil law, particularly the Civil Code (KUHPerdata) and Law No. 22 of 2009 on Traffic and Road Transportation. This agreement should be used whenever a private individual sells a vehicle to another private individual, ensuring proper documentation of the transaction, vehicle details, payment terms, and transfer of ownership requirements. It includes provisions for vehicle inspection, warranty limitations, and registration transfer procedures specific to Indonesian regulations. The document helps prevent future disputes by clearly stating all terms and conditions while ensuring compliance with local tax and administrative requirements for vehicle ownership transfer.

What sections should be included in a Private Sale Vehicle Purchase Agreement?

1. Parties: Identification and details of the Seller and Buyer, including full legal names, identification numbers (KTP), addresses, and contact information

2. Background: Brief context of the transaction, stating the Seller's ownership and intention to sell, and the Buyer's intention to purchase the vehicle

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, color, engine number, chassis number, license plate, and current registration details

5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable

6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, absence of liens, and other material facts

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership, including documentation requirements and registration transfer

8. Completion Requirements: Actions required by both parties to complete the sale, including document signing, payment verification, and vehicle handover

9. Risk and Insurance: Transfer of risk and responsibility for insurance from Seller to Buyer

10. Governing Law: Specification that Indonesian law governs the agreement

11. Signing: Execution clause and signature blocks for both parties

What sections are optional to include in a Private Sale Vehicle Purchase Agreement?

1. Condition Report: Detailed assessment of the vehicle's current condition, recommended when selling used vehicles with known issues or significant wear

2. Payment in Installments: Terms and conditions for installment payments, only needed if the purchase price is not paid in full at completion

3. Security Interest: Creates a security interest in favor of the Seller, necessary when payment is made in installments

4. Third-Party Authorization: Required when either party is acting through an authorized representative

5. Language: Dual language provisions, needed if the agreement is prepared in both Indonesian and English

6. Dispute Resolution: Specific dispute resolution procedures, recommended for high-value transactions

What schedules should be included in a Private Sale Vehicle Purchase Agreement?

1. Schedule 1 - Vehicle Inspection Report: Detailed technical inspection report of the vehicle's condition, including photographs

2. Schedule 2 - Vehicle Documentation: Copies of vehicle registration certificate (STNK), vehicle ownership book (BPKB), and tax payment receipts

3. Schedule 3 - Service History: Record of vehicle maintenance and service history

4. Schedule 4 - Payment Schedule: If applicable, detailed schedule of installment payments including dates and amounts

5. Appendix A - Required Transfer Documents: List and copies of all documents required for the legal transfer of ownership

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Genie AI

Document Type

Sale Agreement

Cost

Free to use
Relevant legal definitions






























Clauses

























Relevant Industries

Automotive

Transportation

Private Sales

Consumer Goods

Vehicle Leasing

Insurance

Legal Services

Financial Services

Vehicle Registration Services

Relevant Teams

Legal

Compliance

Administrative Services

Risk Management

Property Management

Fleet Management

Documentation

Contract Administration

Asset Management

Transaction Processing

Relevant Roles

Legal Counsel

Paralegal

Administrative Officer

Compliance Officer

Vehicle Registration Officer

Sales Administrator

Documentation Specialist

Contract Manager

Legal Secretary

Risk Management Officer

Property Manager

Fleet Manager

Vehicle Assets Manager

Transaction Coordinator

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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