Car Sale Agreement Form Kenya

If you`re planning to buy or sell a car in Kenya, it`s important to have a car sale agreement form. This legal document outlines the terms and conditions of the sale and protects both the buyer and seller from any potential disputes.

A car sale agreement form should include the following information:

1. The names and addresses of the buyer and seller

2. The make, model, and year of the car

3. The vehicle identification number (VIN) or chassis number

4. The purchase price of the car

5. The payment terms, such as the amount of the deposit and when the balance is due

6. Any warranties or guarantees that are included with the sale

7. Any conditions of the sale, such as the requirement for a roadworthy certificate or transfer of ownership

8. The date and signature of both the buyer and seller

It`s important to note that in Kenya, the transfer of ownership must be completed within 14 days of the sale. Failure to complete the transfer could result in fines or even impoundment of the vehicle.

When drafting a car sale agreement form, it`s always best to consult with a lawyer to ensure that all legal requirements are met. Additionally, it`s a good idea to have the agreement notarized to further protect both parties.

Having a car sale agreement form in place can give both the buyer and seller peace of mind knowing that all terms and conditions of the sale are clearly outlined and agreed upon. Don`t overlook the importance of this document when buying or selling a car in Kenya.