Thursday, June 4, 2009

Contract and reflection

Vehicle Sales Agreement


For the value received, the undersigned seller, ___________________, sells and transfers to ___________________, buyer, the vehicle described therein.

Odometer Reading: ___________________ miles

VIN number: __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __

Unit Price: $_______________

Seller warrants that:

1- The seller is the owner of the vehicle.

2- The motorcycle is free of all encumbrances, security interests, and all other defenses against seller.

3- The cash price does not exceed a reasonable retail price at the time of sale.

4- The vehicle has been delivered to and accepted by the buyer.

5- Vehicle is being sold as is, in current condition.


Buyer warrants that:

1- Buyer has inspected the vehicle thoroughly , and accepts said vehicle in current state and hereby approves of the physical and mechanical condition of said vehicle.

2- Buyer is of legal age and is legally and mentally competent to execute the contract on the date thereof.

3- Buyer agrees and is fully aware that if any incident or accident is to occur to the vehicle after the signed date of this agreement, the buyer is legally and financially responsible for the vehicle.

4- Buyer fully understands the conditions and terms of this legal binding agreement.

5- All sales are final upon the signing of this contract


Date:_____________________

Time:______________________


Seller’s Printed Name:__________________________________________

Seller’s Signature:_____________________________________________

Buyer’s Printed Name:__________________________________________

Buyer’s Signature:_____________________________________________



reflection

This assignment was not necessarily difficult, but it was unconventional. While the topic I chose was a BIT dry, it is kind of fun writing about stuff in such a non traditional way. At first I wanted to write something ten commandments-ish, but gave up. I thought that would sounds rather epic. This document was actually super useful. Dillingham Bros.; my brother and I's motorcycle-customization shop has been in dire need of this type of document. We are constantly buying and selling motorcycles, and needed something to make sales more official. I printed out fifty copies and have stored them in the file cabinet in the shop. Since I have not sold any bikes since the issuing of this assignment, I do not know how I would "prove" I used the document. I can, however show my business card, proving I am a part of a serious shop that will be putting this document to use.

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