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Scribd Sale of Car

contract of sale agreement of vehicle

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0% found this document useful (0 votes)
43 views4 pages

Scribd Sale of Car

contract of sale agreement of vehicle

Uploaded by

gokalgarv
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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AGREEMENT FOR THE SALE OF A VEHICLE

THIS AGREEMENT is made the ________ day of ___________ 20___


BETWEEN:

(1) ________________________________________ (the “Buyer”)

AND

(2) ________________________________________ (the “Seller”)

NOW IT IS HEREBY AGREED as follows:

1. In consideration of the sum of

Tshs………………………………….. of which the Seller


hereby acknowledges, the Seller hereby sells to the Buyer the
following vehicle.

Make:
Model:
Registration Number:
Chassis Number:
Year of Manufacture:
Color:
2. The Seller warrants to the Buyer the following:
(i) the Seller is the owner of Vehicle;
(ii) the Seller has the legal right to sell the Vehicle;
(iii) the Vehicle is free and clear of all liens and
encumbrances and;
(v) the vehicle is sold after being examined by the buyer
(vi) that the Vehicle is not the subject of a hire purchase
agreement.
(viii) the seller provides the buyer with the key of the
vehicle.

3. Once the agreement is signed and paid the seller agrees


immediately transfer the ownership of the vehicle to the buyer.
4. The lawyer is to oversee smooth transition from the previous
owner to the buyer
5. The buyer has to leave the showroom with all documentation
including the logbook once the money is paid
6. The seller is to ensure all areas to be fixed are attended to with
no delay.
7. The Buyer has examined or has had an opportunity to examine
the Vehicle. The Vehicle is sold and delivered strictly as seen and
seller expressly disclaims all warranties, express or implied, of
merchantability or fitness for a particular purpose.

8. The transfer of money will be done through bank In the account


of
NAME OF THE HOLDER:
NAME O THE BANK:
ACCOUNT NUMBER:
SWIFT CODE:
PHYSICAL ADDRESS:
9. The Seller warrants that while the Vehicle was in the Seller’s
possession, the odometer was not altered or disconnected and
that to the best of the Seller’s knowledge the odometer reading
above (tick one box only):
( ) reflects the actual mileage.
( ) reflects the actual mileage in excess of ____________miles.

IN WITNESS OF WHICH the parties have signed this agreement


the day and year first above written

_________________________________ __________________________
Name of the seller name of the
buyer
_________________________________ __________________________
Signature Signature
In the presence of (witness)
Name____________________________

Address__________________________

Occupation________________________

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