Motorcycle Sale Agreement Form Kenya

If you meet the potential buyer, it is best to show them the bike and possibly allow a test drive if you are comfortable with the person. The bike should be in showroom condition, which means it should be as good as possible for its current condition. A sales contract is a legal contract that requires a buyer to buy and a seller to sell a product or service. Sales contracts are most often used as a means of concluding the interests of both parties before an agreement is reached. In our motorcycle rental contract, we provide an insurance policy to the seller in case of loss or deterioration of the bike and outstanding money. The seller must demand proof from the police. 16.2 The seller then has the right to sell the motorcycle in a manner he deems appropriate and to apply the proceeds to the repayment of funds earned under the agreement. Associates: Auto insurance forms and documents that you must have in place each time you purchase or extend insurance. Making a car sales contract is simple and recommended. While the negotiations may be over, it is important to puncture them and get through. Once you have found or custom-made the vehicle sales contract that suits you best.

Go ahead and print in three versions. Fill out all copies and sign them with the seller/buyer. 5. PLACE OF PAYMENT: Payment within the meaning of this contract for the sale of motorbike temperaments is made at the address indicated above by the Seller or at the place which may be designated in writing by the Seller or The Transferor of this Convention from time to time, or as agreed by the parties. At the time of the sale, the purchaser must have the fund in his possession in the form of a certified cheque, instruction or cashier, unless the parties have agreed to make a transfer. The seller must enter the title of the motorcycle, registration, and buyer and seller must enter the details into the sales invoice. 20. BINDING EFFECT: This agreement binds the parties, their successors, legal representatives and beneficiaries of the transfer and is in their favour. A contract for the sale or sale of a car is therefore an agreement under which a vehicle is sold.

It records the transaction between the seller and the buyer, the details of the vehicle and the conditions of the transfer of ownership of the vehicle. 16. DEFAULT: 16.1 If the buyer is late in accordance with the terms of this contract and within 3 (three) days of the seller`s request, the buyer must deliver the bike to the seller, otherwise the seller enters the premises where the bike is held with or without trial and takes possession of the bike. 15. TRANSFERT: 15.1 The purchaser cannot transfer the obligations under this contract to third parties without the Seller`s prior written permission.