Contracting parties may include the compromise clause in this agreement. As part of the arbitration process, any dispute, if any arises between the parties, is referred to a third party (“arbitrator”) who is designated with each other by both parties. The arbitrator will hear from both parties and decide on the merits of the case. The arbitrator`s decision is final and binding on both parties. 4- That the buyer in question be transferred on his behalf as soon as possible and bear all the costs associated with being a valid contract, the seller and the buyer must correctly sign the agreement with the witnesses and execute it on a valid stamp document, as applicable in the state of execution of that agreement. 6- That I have no objection to the vehicle being transferred in the name of the purchaser in question. Documents for the transfer of ownership in case of sale 2- That I received the full and final consideration of selling the above vehicle from the buyer above. The vehicle sales contract helps avoid litigation over the sale of the vehicle in the future. Important details about the vehicle can be included in this agreement. 1- That I sold my vehicle, that is, with its registration number.
Chassis No_____and engine no – Model – son of district yarn – That`s what I did today at _____at – The information provided by the buyer and seller will be included in this Agreement. All important details about the vehicle can be indicated to avoid conflicts in the future. If the vehicle is sold to an individual for non-commercial purposes (except for autonomy), 2019 remains valid in 2019. 7- That I have today provided the original documents/RC to these buyers, i.e. on the date – The contract for the sale of vehicles is different from the sales bill. Bill of Sale is a document that is executed at the time of the actual delivery of the vehicle. On the other hand, the vehicle sales contract is an agreement between the parties before the actual delivery of the vehicle. This vehicle sales contract does not change the ownership of the vehicle. After the sale of the vehicle, the corresponding forms must be submitted to the RTO (Regional Transport Office). Details of the vehicle and other services can be found on the Vahan portal. Confirms that the contents of my sworn statement above is hidden in all conscience and nothing in it.
5- That I am responsible for the Challan accident and all other cases until today and in the future, that is, from today, the harassment is entirely responsible for the tax, challanes, accident and judicial procedures. This agreement can be used by either individuals or businesses, including vehicle dealers.