Once you score all the points above, send the signature request to the other signatory. He/she can read the agreement and certify it with a legally binding electronic signature, even if you don`t have a personal PDFfiller account. PandaTip: This clause assumes that the vehicle is sold by an individual (not by a garage, car dealership, etc.). The law varies from country to country and state to state, and in general, a higher level of liability is assigned to commercial sellers, so private sellers should specify that they are not acting as companies in this case. If the contract is used by a professional car dealership, they should remove this clause and re-list the following sections. As mentioned above, this may not be necessary in the state where you live or in the state where the buyer resides, because each state in Nigeria has its own local rules. Make requests about the type of agreement your state can request, or whether your state provides a standard sales bill. If this is the case, you will receive a document that already has the format. If you don`t usually need it, then go ahead and create one for you and your buyer, which will serve as an agreement between the two of you. 1.5 The title names of this Agreement are used only as a reference and are not part of the Agreement.
This agreement can be used by a seller who sells a vehicle or by a buyer who wants to buy a vehicle from a seller. Different details about the parts, the vehicle and the transaction must be included, and the more details can be provided, the easier it will be for the parties to avoid any misunderstanding. What is a car sales bill? This is a written agreement in which a car owner cedes or transfers his rights or shares in the vehicle to a buyer. Most of the time, this document is required for the sale of used cars. You “may” have a lawyer present to serve as a third party or witness, when it is not mandatory, because both parties only need a trusted witness. Contract for the sale of used car Seller Full Details Name: Address: Postcode: Phone number: Buyer Full Details: Address: Postcode: Phone number: Vehicle details: Model: Year: Color: Current counter (confirmed by… If you and your buyer have already agreed to a price, there should be agreement on how the payment should be made. It is best to choose a payment method or a platform that is safe for both of you.
Also, make sure a receipt is recovered as evidence after payment.