Download Your Car Purchase Deposit Agreement (Contrato de Arras) for Fombellida
Buying a vehicle in Fombellida, whether from a private seller or a dealer, requires a solid legal foundation to protect your financial interest. A Contrato de Arras is a private agreement that acts as a down payment or "earnest money" contract. It legally binds the seller to reserve the car for you and outlines the consequences if either party backs out of the deal. By signing this, you ensure the vehicle is taken off the market while you finalize the remaining payment and administrative transfer.
How and Where to Use This Document in Fombellida
Since this is a private contract between two parties, you do not need to submit it to the Fombellida City Hall or any government office. Instead, follow these steps:
- Drafting: Fill out the bilingual template provided below with the details of both the buyer and seller, as well as the specific vehicle information (VIN, license plate, mileage).
- Signing: Both parties must sign every page of the document.
- Exchange: Upon signing, the buyer hands over the agreed deposit amount (the arras). It is highly recommended to do this via bank transfer to have a digital paper trail.
- Execution: Once the final payment is made, you proceed to the DGT (Dirección General de Tráfico) or a professional consultancy (gestoría) to finalize the transfer of the vehicle title (cambio de titularidad).
CONTRATO DE ARRAS / EARNEST MONEY CONTRACT
REUNIDOS / THE PARTIES
De una parte, D./Dña. [Name of Seller], con DNI/NIE [ID Number], en adelante "EL VENDEDOR" / Hereinafter "THE SELLER".
De otra parte, D./Dña. [Name of Buyer], con DNI/NIE [ID Number], en adelante "EL COMPRADOR" / Hereinafter "THE BUYER".
OBJETO / OBJECT
El VENDEDOR se compromete a vender al COMPRADOR el vehículo / THE SELLER agrees to sell to THE BUYER the vehicle:
Marca/Modelo: [Make/Model] | Matrícula: [License Plate] | Bastidor/VIN: [VIN Number]
PRECIO Y ARRAS / PRICE AND DEPOSIT
El precio total de venta es de [Total Price] €. El COMPRADOR entrega en este acto la cantidad de [Deposit Amount] € en concepto de arras / The total sale price is [Total Price] €. THE BUYER delivers the amount of [Deposit Amount] € as earnest money.
PENALIZACIÓN / PENALTY
Si el COMPRADOR desiste, perderá las arras. Si el VENDEDOR desiste, deberá devolver el doble de la cantidad recibida (Art. 1454 Código Civil) / If THE BUYER withdraws, they forfeit the deposit. If THE SELLER withdraws, they must return double the amount received (Art. 1454 Spanish Civil Code).
Firmado en Fombellida, a [Date] / Signed in Fombellida, on [Date].
Firma Vendedor / Seller Signature: __________ | Firma Comprador / Buyer Signature: __________
Additional Documentation Required
While the Contrato de Arras secures the deal, you will need the following documents to legally complete the transfer of ownership at the DGT:
- Permiso de Circulación: The original vehicle registration document.
- ITV Card: The technical inspection card showing the vehicle is roadworthy.
- Receipt of IVTM: Proof that the "Impuesto sobre Vehículos de Tracción Mecánica" (road tax) for the previous year has been paid in Fombellida or the seller's municipality.
- Proof of Identity: A copy of both the buyer's and seller's DNI/NIE.
- Transfer Tax: Proof of payment of the ITP (Impuesto de Transmisiones Patrimoniales) to the regional tax authority.
Expert Tip: Always perform a "Informe de Vehículo" through the DGT website before signing any contract. This will cost a small fee but will reveal if the car has any outstanding liens, embargoes, or unpaid fines that could prevent you from registering the car in your name later. If the car has a "precinto," do not pay the deposit under any circumstances.