Vahana Vilpana Udambadi Karar Malayalam - Summary
The Vehicle Sale Agreement is a useful document that helps prevent future disputes when it comes to the sale of a vehicle. This agreement includes important details about the vehicle itself. Unlike a bill of sale, which is signed and executed at the time of delivering the vehicle, a Vehicle Sale Agreement is made between the seller and buyer prior to the actual handover of the vehicle.
The Vehicle Sale Agreement (Agreement) is a crucial document that outlines all the terms between the Seller and the Buyer of a vehicle. It can be used by both the Buyer and Seller for any type of vehicle they wish to buy or sell, including cars, bikes, trucks, or buses.
Vahana Vilpana Udambadi Karar Malayalam
- Price: This includes the total price, down payment, commissions, and more.
- Delivery: Details such as the delivery date, location, and cost.
- Warranty and Representations of the Seller: This includes warranties about the accuracy of the odometer and financial records.
- Buyer Obligations: This includes obligations like making timely payments and ensuring the accuracy of provided information. Additional obligations can also be added if necessary.
This agreement can also include an Arbitration clause. If any disputes arise, they will be referred to a neutral third party, known as an “Arbitrator,” who will be mutually appointed by both parties. The Arbitrator will listen to both sides of the case and make a decision, which will be final and binding for both the seller and the buyer.
You can easily download the Vahana Vilpana Udambadi Karar Malayalam PDF using the link provided below.