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Motor Vehicle Sale Agreement Sample in Kenya

2021年12月26日

When it comes to selling or buying a motor vehicle in Kenya, it is essential to have a written agreement between the buyer and the seller. This agreement is known as a motor vehicle sale agreement, and it outlines the terms and conditions of the sale.

A motor vehicle sale agreement is a legally binding document that protects both the buyer and seller. It ensures that the seller receives payment for the vehicle, and the buyer receives the vehicle in the condition and at the price agreed upon. Therefore, it is essential to have a well-drafted agreement that complies with the Kenyan laws and regulations.

Here is a sample motor vehicle sale agreement in Kenya:

PARTIES INVOLVED

This agreement is made on [Date] between [Seller’s Name and Address], hereinafter referred to as the “Seller,” and [Buyer’s Name and Address], hereinafter referred to as the “Buyer.” The Seller agrees to sell and the Buyer agrees to purchase the motor vehicle described below under the following terms and conditions:

MOTOR VEHICLE DESCRIPTION

Make:

Model:

Year:

Registration Number:

Chassis Number:

Engine Number:

Colour:

PURCHASE PRICE

The purchase price of the motor vehicle is [Amount in Words and Figures] Kenyan Shillings. The Buyer agrees to pay the purchase price in full to the Seller upon signing this agreement.

PAYMENT METHOD

The Buyer shall pay the purchase price in cash or by bank transfer. The Seller shall provide their bank account details to the Buyer for the transfer of funds.

VEHICLE POSSESSION

The Seller shall deliver the motor vehicle to the Buyer, and the Buyer shall take possession of the vehicle upon payment of the purchase price.

VEHICLE CONDITION

The motor vehicle is sold as-is, and the Buyer acknowledges that they have inspected the vehicle and are satisfied with its condition. The Buyer shall not hold the Seller liable for any defects or issues discovered after taking possession of the vehicle.

DOCUMENTS HANDOVER

The Seller shall hand over the following documents to the Buyer upon payment of the purchase price:

1. Logbook (Registration Book)

2. Original Import Documents (For Imported Cars)

3. Valid Insurance Certificate

4. Copy of Seller’s National Identification Card

WARRANTY AND INSPECTION

The Seller shall provide no warranty whatsoever, and the Buyer acknowledges that they have inspected the vehicle and are satisfied with its condition.

DISPUTE RESOLUTION

Any disputes arising from this agreement shall be resolved amicably through negotiation. If an agreement cannot be reached, the parties shall submit the dispute to a court of competent jurisdiction in Kenya.

This sample motor vehicle sale agreement in Kenya is just a guide. It is crucial to consult with a legal professional to ensure that your agreement complies with the Kenyan laws and regulations. Remember, having a well-drafted agreement can save you from unnecessary legal tussles in the future.