Fernando A. Pena Jr.

Marketing and

Digital Executive

Fernando A. Pena Jr.

Marketing and

Digital Executive

Blog Post

Agreement of Sale for Motor Vehicle Guyana

January 24, 2022 Uncategorized

The seller deals with the sale of catering vehicles to small business owners. The seller wants to sell a vehicle and kitchen appliances to the buyer. The buyer operates a mobile food facility that sells food products and has agreed to purchase a vehicle and kitchen appliances from the seller.*Note: You must tailor this background section to your situation. If the seller is not a general seller of food service vehicles, change the wording to reflect what the seller does. For buyers, change your wording to explain what your food truck is selling. If you don`t buy kitchen appliances by truck, leave out the language on kitchen appliances. This part serves only to explain the purpose of the contract. Taking into account the mutual agreements contained herein and with the intention of being legally bound herein, the parties agree as follows:1. Description of the vehicle.

Below is a description of the Vehicle that Seller agrees to provide in accordance with this Agreement (“Vehicle”). A. Manufacture: __________ There are no preconditions for the effectiveness of this Agreement, except those expressly set forth in this Agreement. In entering into this Agreement, neither party has relied on any representations, representations, warranties or agreements of the other party, except those expressly contained in this Agreement. A five-thousand-dollar fee of $5,000 is charged for the transfer of motorcycle ownership. Cars, minibuses and other vehicles are subject to a fee of twenty-five thousand dollars ($25,000.00) for a vehicle valued at zero dollars up to a maximum of one million, two hundred and fifty thousand dollars ($1,250,000), or two percent (2%) of the selling price or value, whichever is greater for vehicles valued at more than one million, two hundred and fifty thousand ($1,250,000). The purchase contract is a document that records a transaction between two parties (buyer and seller/borrower and lender). It serves as a security document for the payment of movable property (motor vehicles, household items, electronic items).

Once all documents have been verified by the Licensing Revenue Office, a physical examination of the vehicle on board the motor vehicle is conducted to verify that the information is consistent with the Permit Revenue Office records. The Customs Act stipulates that the registration of a motor vehicle is transferred from one diplomat to another or to a person outside the Mission before the expiry of the three (3) year period. Prorated taxes must be paid prior to a transfer. Note: No payment is required for a diplomatic vehicle transferred to another diplomat. 12. Modification: Except as otherwise provided herein, this Agreement may only be modified, replaced or declared null and void after written agreement and signed by the parties. This vehicle and equipment purchase agreement is used to purchase a vehicle or equipment for your business. Get this free purchase contract for vehicles and equipment. The sale of personal diplomatic vehicles or vehicles belonging to a mission/high commission. A new purchase contract process will be completed three weeks after submission. The renewal affidavit and the declaration of review of the memorandum on the execution of the deed of sale processes will be completed within three business days. Transfer of a personal diplomatic vehicle from a diplomat to another person in a mission 7.

Continuation of insurance and guarantees. All representations and warranties contained in this Agreement shall survive the termination of this Agreement. If either party subsequently becomes aware that any warranty or assurance it has given is false, it is required to immediately disclose that information in writing to the other party. None of the representations or warranties contained herein shall be deemed to have been superseded or affected by any investigation or acceptance of this Agreement conducted by the other party to this Agreement. explanation of the odometer. The seller states that the vehicle`s odometer now displays _____ miles and reflects the actual mileage of the vehicle to the best of the seller`s knowledge. Hire the best business lawyers and save up to 60% on legal fees. . Performance under this Agreement, to the extent that such failure or delay is caused by force majeure, is defined as an event beyond reasonable control and not the fault of the non-performing party. A.

Non-performance: Neither party shall be liable for B`s non-performance or delay. Force Majeure Events: Force Majeure events include, but are not limited to, floods, lightning, earthquakes, fires, landslides, hurricanes, explosions, wars, riots, acts of terrorism, military actions, epidemics, or acts of any authority. . Note: It is advisable to choose a county closest to you, as it is more convenient and cost-effective for you to treat in your area. [Signature page to follow] 5. Representations and Warranties. One. Guarantees. Seller declares that Seller is the owner of the vehicle and equipment, free of all The applicant must present the following documents to the Licensing Revenue Office: **Note: Modify this section to reflect your agreed method of payment.

For example, if you agree to pay the seller according to a remittance plan, you must create a graph that shows the exact amount and due date of each payment. to the buyer. The Seller accepts and undertakes to issue all documents submitted by the Buyer that are necessary to complete the transfer of ownership and registration of the Vehicle to the Buyer. 4. Delivery of vehicle and equipment. Seller will deliver the Vehicle and equipment and Buyer will take possession of the Vehicle and Equipment no later than __ (“Delivery Date”). If delivery is made after the deadline, the seller must ensure that the vehicle and equipment are delivered in the same condition in which they were last inspected by the buyer (or, if there is no inspection of the buyer, then the reference date). The Buyer must arrive at the Seller`s premises during normal business hours no later than the date of delivery in order to collect the vehicle and equipment from the Seller`s premises. However, if the Buyer does not show up at the Seller`s premises no later than the delivery date to accept ownership of the vehicle and equipment, the risk of loss will pass to the Buyer on the date of delivery.*** Note: If the vehicle comes from abroad, try to modify this section so that the Seller must deliver the Vehicle to the Buyer`s premises. and the risk of loss passes to the buyer only upon delivery.

This saves you the delivery costs and protects you from any liability if the vehicle is damaged or lost during transport. .