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DEED OF SALE (For Sale of Motor Vehicle)
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This Deed of Sale is made this ___ day of _______, 20, by and between:
_______________, son/daughter of _______________, resident of _______________ (hereinafter referred to as the โSellerโ) of the First Part;
AND
_______________, resident of _______________ (hereinafter referred to as the โPurchaserโ) of the Second Part.
WHEREAS:
The Seller is the lawful owner of a motor vehicle (hereinafter referred to as the โVehicleโ), described as follows:
Make: _______________
Model: _______________
Year: _______________
Color: _______________
Vehicle Identification Number (VIN): _______________
The Seller is desirous of selling the Vehicle to the Purchaser under the terms and conditions set forth herein.
Both parties have mutually agreed to enter into this Deed of Sale, which shall serve as the formal record of the transaction.
NOW, THEREFORE, THIS DEED WITNESSETH AS UNDER:
Purchase Price: The total purchase price of the Vehicle is agreed at USD _______________ (United States Dollars _______________), which has been paid in full by the Purchaser to the Seller. The Seller acknowledges receipt of the full payment.
Declaration by Seller: The Seller hereby confirms and assures that: a) He/She holds absolute ownership and title of the Vehicle as per the certificate of title issued by the relevant registration authority. b) The Vehicle is free from all encumbrances, liens, legal disputes, and third-party claims. c) All rights, title, and interest in the Vehicle stand transferred to the Purchaser upon execution and delivery of this Deed and physical delivery of the Vehicle.
Condition of Vehicle: The Purchaser has fully examined and inspected the Vehicle and accepts it in its โas-isโ condition, without any warranties or representations from the Seller regarding the mechanical or physical state of the Vehicle.
IN WITNESS WHEREOF, the parties hereto have signed this Deed of Sale on the date mentioned above.
Seller Purchaser Signature: _______________ Signature: _______________ NIC/Passport No: _______________ NIC/Passport No: _______________
WITNESSES
Name: _______________ 2. Name: _______________ Signature: _______________ Signature: _______________ NIC No.: _______________ NIC No.: _______________
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