Vehicle Sale Agreement Hyderabad

Pan­daTip: It is not nor­mal to include a guar­an­tee in a pri­vate sale, but if the sell­er wish­es, you can change this clause if nec­es­sary. One pro­pos­al could be as fol­lows: “The vehi­cle is sold with a guar­an­tee of fit­ness to dri­ve and con­tin­u­ous safe oper­a­tion for a peri­od of XXX months and all defi­cien­cies found dur­ing this peri­od will be cor­rect­ed at the seller‘s expense, exclud­ing only defects caused by the buy­er.” The pur­chas­er of a motor vehi­cle must ensure that the vehi­cle is free from any traf­fic offence and that no fines are payable. This can be ensured by check­ing on the respec­tive por­tal of the city‘s traf­fic police. It is impor­tant to ensure that the iden­ti­fi­ca­tion of the sell­er is ver­i­fied and that sig­na­tures are affixed to the forms in the pres­ence of the buy­er. The buy­er must ensure that the sell­er owns and pos­sess­es all the required doc­u­ments of reg­is­tra­tion, tax­a­tion, insur­ance, among oth­ers. The ide­al would be to retrieve the copy of the seller‘s iden­ti­ty doc­u­ment after ver­i­fi­ca­tion of the orig­i­nal. An affi­davit on the sale of the vehi­cle is a doc­u­ment writ­ten and sworn in on behalf of the buy­er and usu­al­ly cer­ti­fied by a notary. It men­tions the sale and deliv­ery details. And on the respon­si­bil­i­ties of the buy­er in the trans­fer of secu­ri­ties and lia­bil­i­ties with regard to infringe­ments com­mit­ted after deliv­ery and until such a transfer.

1.1 “Vehi­cle” and “Vehi­cle” both mean the vehi­cle to be sold in accor­dance with clause 9. 4‑That the buy­er receives the vehi­cle in ques­tion as quick­ly as pos­si­ble on his behalf and bear all the asso­ci­at­ed costs If you plan to idle your old vehi­cle in your garage and get a chic set of wheels accord­ing to your wish­es, make sure that you do not act in haste when sell­ing the old vehicle…