Downloadable Car Purchase Deposit Agreement Template for Frailes (Word/PDF)
If you are planning to buy or sell a used vehicle in the picturesque town of Frailes, it is essential to secure the transaction properly. A "Contrato de Arras" (Deposit Agreement) is a private contract where the buyer pays a small portion of the final price to "reserve" the vehicle, ensuring the seller takes it off the market. This legally binding document protects both parties: if the buyer backs out, they lose the deposit; if the seller backs out, they must usually return double the amount received.
Instructions on how and where to use this document in Frailes
Because this is a private agreement between two individuals, you do not need to submit it to the Frailes Town Hall (Ayuntamiento) or the DGT (Dirección General de Tráfico) at this stage. Instead:
- Print two copies of the template below (one for the buyer, one for the seller).
- Fill in all fields clearly, using the DNI/NIE numbers of both parties.
- Sign both copies on every page.
- Keep the document safe until the final "Contrato de Compraventa" (Bill of Sale) is signed and the vehicle transfer is processed at the Jefatura Provincial de Tráfico in Jaén.
CONTRATO DE ARRAS PENITENCIALES / PENALTY DEPOSIT AGREEMENT
REUNIDOS / THE PARTIES:
De una parte, D./Dña. [Name of Seller], con DNI/NIE [ID Number], en adelante "EL VENDEDOR".
(On one part, Mr./Ms. [Name of Seller], with ID [ID Number], hereinafter "THE SELLER".)
De otra parte, D./Dña. [Name of Buyer], con DNI/NIE [ID Number], en adelante "EL COMPRADOR".
(On the other part, Mr./Ms. [Name of Buyer], with ID [ID Number], hereinafter "THE BUYER".)
OBJETO / OBJECT:
El VENDEDOR se compromete a vender al COMPRADOR el vehículo [Brand, Model, Plate Number], con número de bastidor [VIN Number].
(The SELLER agrees to sell to the BUYER the vehicle [Brand, Model, Plate Number], with VIN [VIN Number].)
PRECIO Y ARRAS / PRICE AND DEPOSIT:
El precio total es de [Total Price in Euros]€. El COMPRADOR entrega en este acto la cantidad de [Deposit Amount]€ en concepto de arras.
(The total price is [Total Price in Euros]€. The BUYER pays at this moment the amount of [Deposit Amount]€ as a deposit.)
PLAZO / DEADLINE:
La firma del contrato de compraventa definitivo se realizará antes del día [Date].
(The final bill of sale will be signed before [Date].)
FIRMAS / SIGNATURES:
Firmado en Frailes, a [Day] de [Month] de [Year].
(Signed in Frailes, on [Day] of [Month] of [Year].)
EL VENDEDOR / THE SELLER: ____________________
EL COMPRADOR / THE BUYER: ____________________
Additional documentation required
While this deposit agreement is a private step, remember that to finalize the vehicle transfer later, you will need to compile the following:
- The original "Permiso de Circulación" (Vehicle Registration Document).
- A copy of the "Ficha Técnica" (Vehicle Inspection Card/ITV).
- Proof of payment of the "Impuesto de Vehículos de Tracción Mecánica" (IVTM) corresponding to the previous year.
- A copy of the buyer’s and seller’s DNI/NIE.
- The final "Contrato de Compraventa" signed by both parties.
Expert Tip: Never hand over the keys or the documentation until you have received the full payment. If you are the buyer, verify the vehicle's status through a "Informe de Vehículo" from the DGT website to ensure there are no "embargos" (liens) or "precintos" (seizures) attached to the car before handing over your deposit money.