How to draw up a car sale agreement

The sale contract is the only document certifying the fact of transferring the car by the seller to the buyer. Based on this contract, the sold car was registered in the traffic police. The structure of the contract is not regulated by the current legislation, but there are a number of generally accepted rules for its preparation. A car sales transaction does not require compulsory notarization, so there will be enough contract concluded in writing and signed by both parties.

In the contract header, the date and place of its preparation is indicated. It is also recommended to indicate the exact time of transfer of the vehicle, which clearly defines the measure of the responsibility of the parties in the event of an accident or vehicle breakdown on the day of the transaction. The following item provides detailed data of the seller and buyer, namely: last name, name, patronymic, registration address, specified in the passport, number and passport series, as well as the date and place of its issuance. If the parties of the transaction are legal entities, the details of the enterprise, its registration data, the name, surname, patronymic and the position of the representative, who concludes a purchase and sale transaction. It is also necessary to specify, on the basis of which document the representative is valid. This may be, for example, the charter of the enterprise or the power of attorney for certain actions.

Further, in the text of the contract, the vehicle was described in detail. This specifies the following data: brand and car model, its identification number (VIN), year of manufacture, engine rooms, chassis and body, color.

The next point of the contract provides the name, date of issue, series and number of the document confirming the ownership of the seller on this car. The contract must present the seller's statement that the vehicle is not wanted, not sold by a third party, is not the object of pledge and court proceedings. In case of distortion of this information, the responsibility is fully incorporated by the seller, as a result of which the contract may be invalid, and the funds are returned to the Buyer.

In one of the points of the Treaty, the cost of the sale of purchase and sale, as well as the term during which the buyer is obliged to pay cash to the seller. Separately, it is indicated when the transfer of ownership is coming. It can be like the moment of payment and the moment of signing the contract.

As a rule, the contract is drawn up in two copies - one for the seller and the buyer. It is possible to sign a third copy for the provision of traffic police at the time of re-registration of the car. If the third instance is absent, a copy of the contract is sent to register, certified by the appropriate way.

Legally competently drawing up a car purchase agreement will avoid possible problems when carrying out a transaction, as well as recognizing it invalid in the future.