vehicle sale agreement word south africa

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AGREEMENT FOR THE SALE OF A MOTOR VEHICLE Made and entered into by and between : (hereinafter called the Seller”) and (hereinafter called “the Purchaser) WHEREBY IT IS AGREED AS FOLLOWS :i. The
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. The Vehicle has been declared a scrapped vehicle under Section 8-6b of the Civil Code or an imported abandoned vehicle under Section 8-3 of the Civil Code and has been sold by the Seller or its authorized authorized agent; 4. PAYMENT OF THE PURCHASE PRICE AND THE FEES FOR THE PURCHASE OF THE VEHICLE. (The Payment shall be made at the Seller's business address) The money charged as above shall be payable in the currency of the Republic of Thailand, (hereinafter referred to as "the dollar); Provided that any foreign currency which the Purchaser uses for the purchase of a vehicle shall be included as part payment or the sum of the price as is payable to them in their currency of residence. 5. INSPECTION. Subject to all the foregoing provisions of this Agreement, the Purchaser shall be entitled to make an inspection for any reason on any part of the vehicle, before the Sale takes effect, at any time during the period of 30:00 A. M.-1:00 A. M., (where applicable), but prior to commencement of the sale (which may be more than 30:00 A. M.) The Purchaser shall be required to pay a nominal fee of THB 200 for such inspection. 6. LATE PAYMENT. If the Purchaser or any of its heirs make a late payment on the purchase of a motor vehicle prior to the completion of the transaction, then the payment which the Purchaser makes for that motor vehicle shall be reduced by 25% and a new sum of THB 1,000 shall be sent to the Purchaser after 30:00 A. M.. 7. WARRANTY AND LIABILITY. The Purchaser warrants to the Seller that: i. The vehicle has been serviced and the engine and battery has been replaced on the date that it was sold, which date will be indicated on the invoice or at the time the payment is made. ii. The vehicle is free from damage, which would be irreparable by itself at the time of the execution. iii. The vehicle complies with the minimum safety rules as set by the Ministry of Public Safety for motor vehicles. iv. The vehicle has a valid license and has no defect or accident. v. The Seller shall make a copy of all warranty notices, registration documents and certificates. 8. TAXES & SHIPPING. The total amount paid by the Purchaser for the motor vehicle will be taxed by virtue of the Laws in force relating to motor vehicles
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What is vehicle sale agreement?
A Vehicle Sale Agreement is a document that can be used to lay out the details of the sale of a vehicle from a Seller to a Buyer. Using this Agreement, the Buyer and Seller can outline the terms and conditions of the sale and describe the vehicle that is being sold.
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