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Deed Of Sale Motor Vehicle for Saudi Arabia

Deed Of Sale Motor Vehicle Template for Saudi Arabia

A legally binding document governed by Saudi Arabian law and Sharia principles that formalizes the transfer of ownership of a motor vehicle from seller to buyer. This deed encompasses all essential elements required by Saudi traffic authorities, including detailed vehicle specifications, parties' information, purchase price, warranties, and transfer procedures. It serves as official documentation for the transaction and meets requirements for vehicle registration transfer in Saudi Arabia, incorporating necessary consumer protection elements and compliance with local traffic regulations.

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Deed Of Sale Motor Vehicle

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What is a Deed Of Sale Motor Vehicle?

The Deed of Sale Motor Vehicle is a crucial legal document used in Saudi Arabia for documenting the transfer of ownership of motor vehicles between parties. It is required for both private and commercial vehicle sales, ensuring compliance with Saudi traffic authority regulations and Sharia law principles. This document should be used whenever a motor vehicle is being sold or transferred, whether between individuals or organizations. It includes comprehensive details about the vehicle, parties involved, purchase terms, and warranties, while ensuring all necessary requirements for legal transfer of ownership are met. The deed serves as evidence of the transaction for registration purposes and protects both parties' rights under Saudi law. It's particularly important as it incorporates specific local requirements, including the necessary details for traffic authority processing and Islamic commercial transaction principles.

What sections should be included in a Deed Of Sale Motor Vehicle?

1. Parties: Full legal names and details of the seller and buyer, including their ID/Iqama numbers and contact information

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 deed including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

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

5. Sale and Purchase: Core transaction terms including the agreement to sell and purchase, purchase price, and payment terms

6. Completion: Details of when and where the vehicle handover will take place

7. Seller's Warranties: Warranties regarding vehicle ownership, condition, absence of liens, and legal authority to sell

8. Vehicle Condition: Description of the current condition of the vehicle and any known defects or issues

9. Transfer of Ownership: Process and requirements for transferring ownership through the traffic authority

10. Governing Law: Confirmation that the deed is governed by Saudi law and Sharia principles

11. Execution: Signature requirements and witness details

What sections are optional to include in a Deed Of Sale Motor Vehicle?

1. Payment Schedule: Include when purchase price is to be paid in installments rather than as a single payment

2. Inspection Report: Include when a pre-sale inspection has been conducted by a certified mechanic

3. Insurance Transfer: Include when existing insurance policy is being transferred to the buyer

4. Outstanding Loans: Include when there are existing loans or financial obligations tied to the vehicle that need to be cleared

5. Agency Authorization: Include when either party is acting through an authorized agent

6. Previous Accidents: Include when the vehicle has been involved in previous accidents requiring disclosure

What schedules should be included in a Deed Of Sale Motor Vehicle?

1. Vehicle Inspection Report: Detailed report of vehicle condition and any identified issues

2. Vehicle Registration Card: Copy of current vehicle registration card

3. Service History: Records of vehicle maintenance and service history

4. Vehicle Photographs: Recent photographs of the vehicle showing its current condition

5. Payment Receipts: Copies of payment receipts or bank transfers

6. ID Documents: Copies of both parties' ID/Iqama cards

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

Saudi Arabia

Publisher

Genie AI

Document Type

Contract to Sell

Cost

Free to use
Relevant legal definitions







































Clauses





























Relevant Industries

Automotive

Transportation

Fleet Management

Vehicle Leasing

Car Dealerships

Insurance

Banking & Finance

Legal Services

Government Services

Logistics

Relevant Teams

Legal

Compliance

Sales

Administration

Fleet Management

Procurement

Risk Management

Operations

Documentation

Corporate Services

Relevant Roles

Fleet Manager

Legal Counsel

Compliance Officer

Sales Manager

Administrative Officer

Vehicle Registration Specialist

Contract Administrator

Procurement Manager

Risk Manager

Operations Manager

Documentation Specialist

Corporate Secretary

Legal Administrator

Business Development Manager

Industries







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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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