Blank Deed Of Sale Of Motor Vehicle
Blank Deed of Sale of Motor Vehicle
This Deed of Sale of Motor Vehicle ("Deed") is made and entered into this [DATE] day of [MONTH], [YEAR], by and between:
Seller: [YOUR NAME], residing at [YOUR COMPANY ADDRESS], (hereinafter referred to as the "Seller").
Buyer: [BUYER'S NAME], residing at [BUYER'S ADDRESS], (hereinafter referred to as the "Buyer").
WHEREAS, the Seller is the lawful owner of the motor vehicle described herein and is desirous of selling the said vehicle to the Buyer.
WHEREAS, the Buyer is desirous of purchasing the said motor vehicle from the Seller.
NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the parties hereto agree as follows:
I. Description of Motor Vehicle
The Seller hereby sells, transfers, and conveys unto the Buyer, the following motor vehicle:
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Make: Tesla
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Model: Model S
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Year: 2048
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Vehicle Identification Number (VIN): 12345678901234567
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Registration Number: XYZ123
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Color: Midnight Silver Metallic
II. Purchase Price
The Buyer agrees to purchase the aforementioned motor vehicle from the Seller for the total sum of Twenty Thousand Dollars ($20,000).
III. Payment Terms
The Buyer shall pay the Purchase Price to the Seller in the following manner: via bank transfer within seven (7) days of signing this Deed.
IV. Transfer of Ownership
Upon receipt of the full Purchase Price, the Seller agrees to transfer and convey all rights, title, and interest in and to the motor vehicle to the Buyer. The Seller shall provide all necessary documents for the transfer of ownership, including but not limited to the certificate of title, registration certificate, and any other relevant documents.
V. Warranties and Representations
The Seller hereby represents and warrants to the Buyer that:
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The Seller is the lawful owner of the motor vehicle and has full right, power, and authority to sell the same.
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The motor vehicle is free and clear of all liens, encumbrances, and claims of any nature whatsoever.
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The Seller will defend the Buyer's right to possession of the motor vehicle against any claims and demands.
VI. Indemnification
The Seller agrees to indemnify and hold harmless the Buyer from and against any claims, damages, losses, liabilities, and expenses arising out of or in connection with any breach of the Seller's warranties and representations herein.
VII. Governing Law
This Deed shall be governed by and construed by the laws of [STATE/COUNTRY].
IN WITNESS WHEREOF, the parties hereto have executed this Deed as of the day and year first above written.
Seller:
[YOUR NAME]
[DATE SIGNED]
Buyer:
[BUYER'S NAME]
[DATE SIGNED]
VIII. Witness
I, [WITNESS'S NAME], residing at [WITNESS'S ADDRESS], do hereby witness the execution of this Deed of Sale of Motor Vehicle on this [DATE].
[WITNESS' NAME]
IX. Acknowledgment
State of [STATE], County of [COUNTY]
On this [DATE] day of [MONTH], [YEAR], before I appeared [YOUR NAME] and [BUYER'S NAME], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal.
[NOTARY PUBLIC'S NAME]
Notary Public
My Commission Expires: [EXPIRATION DATE]
[SEAL] (if applicable)
