TAFE NSW - Legal Services: Motor Vehicle Sales Agreement Task

Verified

Added on  2023/06/18

|5
|635
|459
Practical Assignment
AI Summary
This document presents a motor vehicle sales agreement between Natalie Thornton (seller) and Lorenzo Navarro (purchaser) for a Honda CBR250RR. The agreement outlines the terms of sale, including the purchase price of $5,000, payment conditions, transfer of ownership, and warranties. It specifies that the purchaser relies on their own investigation and that the vehicle is sold in its current condition. The seller warrants sole ownership and provides limited liability, adhering to the New Tax System (Goods and Services Tax) Act 1999. The document includes signature fields for both parties and witnesses, ensuring a legally binding transaction. Desklib provides this document as a valuable resource for students, offering a wide array of past papers and solved assignments to aid in their studies.
Document Page
BSB42215-
Certificate IV in Legal
Services (2)
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
PRECEDENT
Document Page
INSTRUCTIONS
Name of Precedent: Motor Vehicle Sales Agreement
This precedent is subject to be changed in order to suit the requirements of the user.
The precedent contains the hidden text, form field and is also locked.
Document Page
Motor Vehicle Sales Agreement
NATALIE THORNTON of Address 690 Young Parade, Sometown NSW 2100, (herein
referred to as the seller) hereby agrees to sell to the LORENZO NAVARRO of Address 3/80
Tidewater place, Sometown NSW 2100, (herein referred to as the purchaser) for the sum of
Five Thousand Dollars ($5,000.00), excluding GST, the motor vehicle which is described as:
Make Honda
Model CBR250RR
Year of manufacture 1999
Engine No. MC14239857ASF623985
Chassis No. ASDHMC2212409875CB
Registration No. JOA-561
1. The purchase price for vehicle shall be paid to seller upon the delivery of vehicle to
the purchaser by seller together with all the registration and other related
documents to vehicle. The seller undertakes specifically to sign all the necessary
documents in order to enable the registration of vehicle to be effective in name of
the purchaser.
2. Notwithstanding anything contained in clause 1, wherein the payment of purchase
price is made by cheque, the title therein and the vehicle shall pass only to the
purchaser on such cheque being paid in full on presentation.
3. In an event of cheque which is referred to in the clause 2 is not being paid, the
purchaser shall return the vehicle to the seller upon demand at the cost of purchaser
in immediate manner and purchaser shall be liable further to reimburse seller for
any of the damage to vehicle, together with every cost which have incurred by seller
relating to the sale of vehicle to purchaser.
4. The purchaser accepts and acknowledges that while purchasing the vehicle,
It has relied on its own investigation.
There is no warranty or undertaking is provided in relation to the vehicle, except as
provided by law.
The vehicle is sold in the present condition with all such accessories which are
included in vehicle and the vehicle is being inspected by purchaser on the date of
purchaser.
5. Notwithstanding anything contained in clause 1, seller thereby warrants to
purchaser that on the date of purchase, seller is the sole owner of vehicle and it is
not encumbered in any of the way. The seller also has no liability to purchase in
context to vehicle, except wherein the law implies any warranties or obligations that
cannot be excluded by law on seller, the seller shall on its cost or discretion-
Replace the vehicle or may supply its equivalent accessories.
Repair the vehicle.
Payment of cost of acquiring or replacing the vehicle.
Payment of cost of having the vehicle being repaired.
6. In this clause, expression or word defined in the law of New Tax System (Goods and
Services Tax) act, 1999 have the meaning given to it in that Act. The amount thereby
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
stated in this agreement us exclusive to GST unless it is stated expressively
otherwise.
___________________________ ________________________________________
(Signature of Witness) (Signature of seller)
___________________________ _________________________________________
(Full name of the Witness) (Full name of the seller)
___________________________ _________________________________________
(Date) (Date)
___________________________ _________________________________________
(Signature of Witness) (Signature of Purchaser
___________________________ _________________________________________
(Full name of the Witness) (Full name of the Purchaser)
___________________________ _________________________________________
(Date) (Date)
chevron_up_icon
1 out of 5
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]