Document background
The Used Vehicle Bill of Sale is a crucial document in Singapore's vehicle transfer process, designed to protect both buyers and sellers in used vehicle transactions. It is required whenever ownership of a used vehicle changes hands, whether through private sale or dealer transactions. The document must comply with Singapore's Road Traffic Act and LTA regulations, including specific provisions for COE status and PARF values. It records essential information such as vehicle details, price, condition, and ownership history, while ensuring all necessary legal requirements for vehicle transfer in Singapore are met. This document is particularly important given Singapore's strict vehicle ownership regulations and transfer procedures.
