Explanatory Notes: A bill of sale is a document recording a transaction between two parties. For the seller, a bill of sale shows the date the vehicle was sold and information about the buyer. For the buyer, it gives specific information about the vehicle that can be checked against a Vehicle History Report.
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IN CONSIDERATION of _____________________ of _________________ (the ‘Purchaser’) providing RM____________, which includes all sales taxes (the ‘Purchase Price’), the receipt and sufficiency of which consideration is hereby acknowledged, to _________________ of _________________ (the ‘Seller), the Seller SELLS AND DELIVERS the Motor Vehicle to the Purchaser.
PURCHASE PRICE: The Purchaser will pay the Purchase Price to the Seller by cash.
MOTOR VEHICLE: The Seller will sell and deliver to the Purchaser the following motor vehicle (the ‘Motor Vehicle’):
- Make :__________________________
- Model :__________________________
- Year : _________________________
- Body Type : _________________________
- Vehicle Identification Number : _________________________
- Odometer Reading : _____________________miles
WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances and that the Seller is the legal owner of the Motor Vehicle. The Seller also warrants that the Seller has the full right and authority to sell and deliver the Motor Vehicle and that the Seller will defend the title of the Motor Vehicle against any all claims and demands.
‘AS IS’ CONDITION: The Purchaser acknowledges that the Motor Vehicle is sold ‘as is’. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability. The Seller expressly disclaims any expressed or other implied warranties.
WORKING ORDER: Any warranty as to the condition or working order of the Motor Vehicle is expressly disclaimed by the Seller.
MANUFACTURER’S WARRANTY: Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable warranties from the manufacturer of the Motor Vehicle.
LIABILITIES: The Seller does not assume, nor does the Seller authorize any other person on the behalf of the Seller to assume, any liability in connection with the sale or delivery of the Motor Vehicle.
INSPECTION: The Purchaser accepts the Motor Vehicle in its existing condition given that the Purchaser has either inspected the Motor Vehicle or was given the opportunity to inspect the Motor Vehicle but chose to not inspect it.
GOVERNING LAW: This Bill of Sale will be constructed in accordance with and governed by the laws in Malaysia.
SIGNED, SEALED, AND DELIVERED )
this ______________2018 )___________________________________
