Looking for car sale agreement format for free ?? Here you can download for free...
We have many corporate companies like OLX Auto, Cars 24, Spinny,Car deko,Carwala etc.. who takes responsibility of free RC transfer if the vehicle is sold through them but most of the time end users would like to sell directly by posting ads in OLX or quikr or any other free advertisement platform where is car owners will show their car directly to the prospective sellers directly and try to negotiate the best deal for the used cars.
When you sell your car to unknown person one need to be very carefull and it is advised to enter into an agreement with advance amount and handover car key post transfer of RC in prospective buyer’s name. It is risky to handover car key with registration documents in your name even though you will have delivery challan. If the vehicle met with an accident during the transfer period registered owner will be legally held liable for any civil or criminal liability which arise during the course of usage by the prospective buyer during transit period. ( Until car dosenot trasfer, for any accidental claim, registred owner shall be liable.)
Following documents are required for ownership transfer of vehicle in Karnataka.
- Form 29 (Mandatory)
- Form 30 (Mandatory)
- Present Address proof of the transferee (Mandatory)
- Pan Card or Form 60 for LMV only (Optional)
- Self attested Photo Of Transferee Buyer (Mandatory)
- Self attested Photo Of Transferor Seller (Mandatory)
It is advisable to use following attached Vehicle sale Agreement format
VEHICLE SALE AFFIDAVIT
I, ……………………………… W/O/S/O ………………………………… R/o ………………………………………………………… do hereby solemnly affirm and declare as under: –
1- That I have sold my vehicle i.e., ………………………………. bearing its Registration ……………………………………………… and Engine No………………………….. Model …………………………………… to ……………………………………………………………………….
2- That I have received the full and final sale consideration of the above said vehicle from the above said purchaser. Rs…………………….
3- That I have today i.e., on ……………………………………. handed over the physical possession/delivery of the said vehicle to the said purchaser.
4-That the said purchaser shall get the said vehicle transferred in his name as soon as possible and shall bear all the expenses incidental thereto
5- That I am responsible for the challan/accident and any other cases till date and in future i.e. from today ………………………….onwards the said purchaser shall be fully responsible for tax, challan, accident, any court cases.
6- That I have no objection if the said vehicle is transferred in the name of the said purchaser.
7- That I have handed over the original documents/RC to the said purchasers today i.e., on dated …………………..
8. The Purchaser shall transfer the car in his name without any further delay and will provide copy of the Transferred RC card to the seller .
Verified at Bangalore on ……………………………..
Seller Buyer
