This Agreement is used to define the understanding between a supplier of products or merchandise and their client.
This agreement is used by a person or organization to guaranty the contract obligations of another person or organization.Full description
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Motorcycle Sale Agreement 1. THE PARTIES TO THIS AGREEMENT ARE: THE SELLER: Name(s):_______________________ Name(s):______________________________ _______ S/O _________________ __________________ _ Identity / Social Security or Other number (Specify):____________ (Specify):________________________ _______________ ___ Mobile number number _______________ _______________ Physical Address ___________________________ _____________________________________ _________________________ ___________________ ____ signature ____________ ____________ THE BUYER: Name(s):_______________________ Name(s):______________________________ _______ S/O _________________ __________________ _ Identity / Social Security or Other number (Specify):____________ (Specify):________________________ _______________ ___ Mobile number number _______________ _______________ Physical Address ___________________________ _____________________________________ _________________________ ___________________ ____ signature ____________ ____________ The parties choose the above stated addresses as their physical addresses at which legal proceedings may be instituted. 2.
THE OBJECT OF THE SALE IS:
Type of Motorcycle: _______________ _______________ Make Make and Color: _____________ ______________________ _________
Model:
___________________ Year: _____________________ Registration Number: ________________ Vehicle Identification Number (VIN): ______________________ Engine Number ______________ 3.
OWNERSHIP:
The Seller guarantees that he/she is the true and lawful owner of the above-described motorcycle and that it is free of all encumbrances and any and all legal claims. 4. NO WARRANTIES OR GUARANTEES: The Seller or his/her a gent gives no warranty or guarantee other than registration papers which the buyer will have new registration him/herself and seller will not claim this motorcycle later on with any other papers he find or already have. 5.
DISCLAIMER:
The motorcycle is sold "As-Is" and the seller shall not be liable for any defects, patent, latent or otherwise. The Buyer admits having inspected the motorcycle to his/her satisfaction and that no guarantees or warranties of any nature were expressed or implied by the Seller or his/her agent regarding its condition or quality. 6.
TRANSFER OF OWNERSHIP AND COSTS:
The Parties agree to sign all documents necessary to transfer ownership of the motorcycle from the Seller onto the name of the Buyer.
7.
PURCHASE PRICE:
The Purchase price is the sum of ___RS 22000 /- only__ (_twenty two thousand only_) The Purchase price is to be paid in full by bank guaranteed check or in a manner as agreed by both parties (specify) ______paid in cash_______ Ownership of the motorcycle will only pass onto the Buyer once the bank honors the check or other legal instrument of payment. The motorcycle will only be delivered to the Buyer once payment has been received in full. 8. POSSESSION AND TRANSFER OF RISK: The Risk passes to the Buyer once the Buyer or his/her agent receives the keys to the motorcycle or takes possession of the motorcycle. 9.
JURISDICTION:
SELLER:____________________________
BUYER: _______________________________
1. WITNESS____________________________
1. WITNESS____________________________
NIC No: ____________Signature ________ 2. WITNESS____________________________ NIC No: ____________Signature ________
NIC No: ____________Signature ________ 2. WITNESS____________________________ NIC No: ____________Signature ________