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Auto Bill Of Sale
"I need an Auto Bill of Sale for selling my company's fleet vehicle (Toyota Fortuner 2020) to another corporation in Manila, with payment to be made in three installments starting March 2025, and including specific warranties about the vehicle's flood-free history."
1. Parties: Identification of the seller and buyer with complete legal names, addresses, and contact information
2. Background: Brief context of the transaction and confirmation that the seller owns the vehicle
3. Definitions: Key terms used in the document defined for clarity
4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, VIN/chassis number, engine number, plate number, and mileage
5. Purchase Price: The agreed selling price and payment terms
6. Seller's Representations: Warranties about vehicle ownership, liens, encumbrances, and condition
7. Transfer of Title: Terms of ownership transfer and responsibility for registration
8. Odometer Disclosure: Statement of the vehicle's current odometer reading and its accuracy
9. As-Is Condition: Statement that the vehicle is sold 'as-is' unless otherwise specified
10. Governing Law: Specification that Philippine law governs the agreement
11. Execution: Signature block with date and witness provisions
1. Warranty Terms: Include when the seller is providing specific warranties beyond the basic representations
2. Payment Schedule: Used when the payment is to be made in installments rather than a single payment
3. Inspection Results: Include when a recent vehicle inspection has been conducted and results are to be included in the agreement
4. Third-Party Claims: Include when there are known third-party interests that need to be addressed
5. Delivery Terms: Include when the vehicle is not being transferred immediately at signing
6. Dispute Resolution: Include when parties want to specify mediation or arbitration procedures
1. Schedule A - Vehicle Photographs: Dated photographs showing the current condition of the vehicle
2. Schedule B - Maintenance Records: History of vehicle maintenance and repairs
3. Schedule C - Inspection Report: Recent vehicle inspection results and findings
4. Schedule D - Existing Damage Report: Detailed list and description of any existing damage or wear
5. Appendix 1 - Vehicle Registration Documents: Copies of current registration papers and related documents
6. Appendix 2 - Insurance Information: Details of existing insurance and transfer requirements
Authors
Automotive
Transportation
Fleet Management
Logistics
Car Dealership
Insurance
Legal Services
Corporate Services
Private Transportation
Vehicle Leasing
Manufacturing
Construction
Agriculture
Mining
Legal
Procurement
Administration
Fleet Management
Operations
Compliance
Risk Management
Sales
Finance
Asset Management
Documentation
Corporate Services
Fleet Manager
Procurement Officer
Legal Counsel
Compliance Officer
Sales Manager
Administrative Officer
Vehicle Operations Manager
Risk Manager
Contract Administrator
Business Owner
Corporate Secretary
Operations Director
Logistics Manager
Asset Manager
Finance Manager
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