The Car Sale By Owner Contract is essential for private vehicle sales transactions in Saudi Arabia, where strict regulations govern vehicle transfers and ownership documentation. This contract is specifically designed for situations where a private owner wishes to sell their vehicle directly to another party without dealer involvement. It incorporates all necessary elements required by Saudi Traffic Law, including vehicle identification, party details, price, and transfer procedures. The document ensures compliance with both civil law and Sharia principles, which form the foundation of Saudi Arabia's legal system. It provides protection for both buyer and seller by clearly documenting the transaction terms, vehicle condition, and transfer requirements. The contract is particularly important given Saudi Arabia's specific requirements for vehicle registration transfers and the need for proper documentation in private sales transactions.
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1. Parties: Identification of seller and buyer with full legal names, national ID numbers, and contact details as required by Saudi regulations
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', 'Transfer Date', etc.
4. Vehicle Details: Complete description of the vehicle including make, model, year, color, VIN, registration number, and current mileage
5. Sale and Purchase: Core agreement terms stating the seller's agreement to sell and buyer's agreement to purchase
6. Purchase Price: Agreed purchase price, payment method, and timing of payment in compliance with Saudi financial regulations
7. Transfer of Ownership: Process and requirements for transferring vehicle ownership through official Saudi channels
8. Seller's Representations: Seller's warranties about vehicle condition, ownership, and absence of encumbrances
9. Buyer's Acknowledgments: Buyer's confirmation of vehicle inspection and acceptance of condition
10. Completion Requirements: Steps required to complete the sale including documentation and registration transfer
11. Governing Law: Confirmation that the agreement is governed by Saudi Arabian law and Sharia principles
1. Payment Terms: Detailed section for installment payments if not paid in full - include only if payment is not immediate
2. Insurance Transfer: Provisions for transferring or terminating insurance - include if existing insurance policy is involved
3. Third Party Authorization: Authorization details if any party is acting through a representative - include if relevant
4. Warranty Terms: Any additional warranties or guarantees offered by seller - include if seller is providing warranties beyond basic representations
5. Dispute Resolution: Specific procedures for handling disputes - include if parties want detailed conflict resolution procedures
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle including all features and modifications
2. Schedule 2 - Vehicle Condition Report: Comprehensive report on vehicle condition including photographs and noted defects
3. Schedule 3 - Service History: Documentation of vehicle maintenance and repair history
4. Schedule 4 - Payment Schedule: If applicable, detailed schedule of installment payments with dates and amounts
5. Appendix A - Required Documents: Checklist of all required documents for vehicle transfer in Saudi Arabia
Relevant legal definitions
Clauses
Relevant Industries
Automotive
Insurance
Financial Services
Legal Services
Transportation
Consumer Services
Private Sales
Vehicle Registration Services
Relevant Teams
Legal
Compliance
Administrative Services
Document Control
Risk Management
Contract Management
Vehicle Registration
Personal Property Administration
Relevant Roles
Legal Counsel
Compliance Officer
Contract Administrator
Vehicle Registration Officer
Insurance Agent
Financial Advisor
Bank Officer
Administrative Assistant
Document Controller
Personal Property Manager
Legal Secretary
Paralegal
Risk Management Officer
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