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Car Sale Agreement

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Car Sale Agreement Powered By Docstoc
					This document serves as a record and a receipt of sale for the sale of a car, and reports
the terms and conditions of the transfer of ownership from one party to another. This
form contains standard language but can be modified to fit the needs of the drafting
parties. This document is intended for parties who are involved in the purchase and
sale of a car or other vehicle.
                             CAR SALES AGREEMENT
      THIS CAR SALES AGREEMENT is made effective as of the ________ day of
___________, 20____ [Instruction: Insert Date].

       BY AND BETWEEN:

       ____________________________________ [Instruction: Insert Name of Vendor or
Individual or Entity who is selling the car], of ____________________________________
[Instruction: Insert Address 1], ____________________________________ [Instruction:
Insert Address 2] (hereinafter referred to as “Vendor”),

       AND:

                ____________________________________ [Instruction: Insert Name of
Purchaser] of ____________________________________ [Instruction: Insert Address 1],
____________________________________ [Instruction: Insert Address 2] (hereinafter
referred to as “Purchaser”).

        WHEREAS, Vendor and Purchaser have entered into this Car Sales Agreement (the
“Agreement”), wherein Vendor has agreed, inter alia, to sell, assign, and transfer to Purchaser
and Purchaser has agreed to purchase from Vendor, a certain motor vehicle, as further described
in paragraph 1 below, which is the property of Vendor (the “Car”).

    NOW, THEREFORE, in consideration of the mutual covenants and agreements contained
herein, the parties hereby agree as follows:

1. THE CAR

   A. Make: ___________________ [Instruction: Insert Make]

   B. Model: ___________________ [Instruction: Insert Model]

   C. Year: ___________________ [Instruction: Insert Year]

   D. Color: ___________________ [Instruction: Insert Color]

  E. License Plate Number: ___________________ [Instruction: Insert License Plate
number]

   F. Vehicle Identification Number (VIN): ___________________ [Instruction: Insert VIN]

   G. Mileage: ___________________ [Instruction: Insert Mileage]




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2. ASSIGNMENT

For good and valuable consideration and the sum of ______________Dollars ($_____)
[Instruction: Insert Purchase Price] now paid by Purchaser to Vendor pursuant to the
Agreement, the receipt and sufficiency of which is hereby acknowledged by Vendor and includes
consideration for the transfer of the goods and chattel hereinafter referred to, Vendor hereby
grants, bargains, sells, assigns, transfers, conveys, and sets over unto Purchaser, its successors,
and assigns, the Car and all interests involved therein.

3. COVENANTS

   A. Vendor covenants, promises, and agrees that:

      i.    Vendor is Car’s true, lawful, and beneficial owner, with a good and marketable title
thereto, free and clear of all mortgages, liens, charges, pledges, security interests, encumbrances
or other claims whatsoever.

     ii. There currently are no licensing fees, fines, or other penalties outstanding against
Car’s registration.

     iii. Car is in good working order, unless otherwise agreed to by the terms and conditions
of this Agreement.

    iv.    Vendor will, from time to time and at all times hereafter, upon every reasonable
request by Purchaser, make, do, and execute or cause and procure to be made, done, and
executed all such further acts, deeds, or assurances as may be reasonably required by Purchaser,
to more effectively and completely vest Car in the name of Purchaser.

   B. Purchaser covenants, promises and agrees that:

      i.   Car is sold “as-is” and Vendor shall not be liable for any defects, patent, latent, or
otherwise.

     ii. Purchaser admits to having inspected Car to Purchaser’s satisfaction and that no
guarantees or warranties of any nature were expressed or implied by Vendor or Vendor’s agent
regarding Car’s condition or quality.

4. CHOICE OF LAW AND VENUE

       This Agreement shall be governed by and construed in accordance with the laws of the
State of ___________________, [Instruction: Insert State], applicable to agreements to be
wholly performed therein, with jurisdiction exclusive to the Federal and State courts located in
the County of _____________ [Instruction: Insert County], State of ______________
[Instruction: Insert State].




© Copyright 2013 Docstoc Inc.                                                             3
       IN WITNESS WHEREOF, this Agreement has been executed by Vendor as of the day
and year first above-mentioned.


VENDOR



________________________________
By: ___________
				
DOCUMENT INFO
Description: This document serves as a record and a receipt of sale for the sale of a car, and reports the terms and conditions of the transfer of ownership from one party to another. This form contains standard language but can be modified to fit the needs of the drafting parties. This document is intended for parties who are involved in the purchase and sale of a car or other vehicle.
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