BILL OF SALE OF MOTOR VEHICLE
This Bill of Sale is made effective as of ________.
BETWEEN:
________ (hereinafter, the "Seller"), whose information is as follows:
________
Telephone: ________
Driver's Licence / Identification No.: ________
AND
________ (hereinafter, the "Buyer"), whose information is as follows:
________
Telephone: ________
Driver's Licence / Identification No.: ________
(the Seller and the Buyer being together referred to as the "Parties" and each individually as a "Party").
RECITALS
WHEREAS the Seller is lawfully possessed of, and has good and marketable title to, the motor vehicle described herein (the "Vehicle");
AND WHEREAS the Seller has agreed to sell, assign, and transfer the Vehicle to the Buyer, and the Buyer has agreed to purchase the same, for the consideration and on the terms and conditions set out in this Bill of Sale;
NOW THEREFORE in consideration of the mutual covenants and agreements contained herein and the consideration set out below, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
§ 1. SALE OF THE VEHICLE
§ 1.1 The Seller hereby sells, assigns, transfers, and conveys to the Buyer all of the Seller's right, title, and interest in and to the Vehicle described below, and the Buyer hereby purchases the same, on the terms set out in this Bill of Sale.
§ 1.2 The Vehicle being sold is more particularly described as follows:
| Type |
Year |
Make |
Model |
Drivetrain |
Engine |
Color |
VIN |
Odometer |
| ________ |
________ |
________ |
________ |
________ |
________ |
________ |
________ |
________ km |
§ 1.3 The Vehicle's current licence plate number (if any) is ________.
§ 2. PURCHASE PRICE AND PAYMENT
§ 2.1 The total purchase price for the Vehicle is $________ (________) (the "Purchase Price").
§ 2.2 The Purchase Price shall be paid by the Buyer to the Seller by ________ on or before ________.
§ 2.3 The Seller acknowledges receipt of a deposit in the amount of $________, which shall be credited against the Purchase Price, with the balance of $________ payable as set out in § 2.2.
§ 2.4 The Buyer shall be responsible for all applicable retail sales tax, harmonized sales tax (HST), goods and services tax (GST), registration fees, and other government charges arising in connection with the transfer of ownership and registration of the Vehicle.
§ 3. TRANSFER OF TITLE, POSSESSION, AND DELIVERY
§ 3.1 Title to and ownership of the Vehicle shall pass to the Buyer upon execution of this Bill of Sale by both Parties and receipt by the Seller of the Purchase Price in full.
§ 3.2 The Seller shall deliver possession of the Vehicle to the Buyer at ________ on ________, together with the keys, owner's permit / vehicle portion of the registration, and all documents required to effect transfer of ownership.
§ 3.3 The Buyer is solely responsible, at the Buyer's expense, for registering the Vehicle, obtaining and affixing licence plates, obtaining a Safety Standards Certificate (or its equivalent in the applicable jurisdiction) where required, and arranging insurance prior to operating the Vehicle. The Buyer assumes all risk and liability arising from the operation, registration, or use of the Vehicle from and after delivery.
§ 4. CONDITION OF THE VEHICLE; "AS IS, WHERE IS"
§ 4.1 The Vehicle is sold on an "as is, where is" basis. To the fullest extent permitted by applicable law, the Seller makes no representation, warranty, or condition of any kind, whether express, implied, statutory, or otherwise, including without limitation any implied warranty or condition of merchantability, durability, roadworthiness, or fitness for any particular purpose, all of which are hereby expressly excluded and disclaimed.
§ 4.2 The Vehicle is not represented as being in roadworthy condition and may require substantial repairs, at the Buyer's sole expense, to be made fit for use.
§ 4.3 The Buyer acknowledges that the Buyer has had a full and reasonable opportunity to inspect and examine the Vehicle, has done so (including a test drive where applicable), and is relying solely upon the Buyer's own inspection and judgment and not upon any statement or representation of the Seller. Any defect, whether patent or latent, and whether discovered before or after the sale, shall be the sole responsibility of the Buyer.
§ 4.4 The odometer reading set out in § 1.2 is, to the best of the Seller's knowledge, accurate and reflects the actual distance the Vehicle has travelled, except as follows: ________.
§ 4.5 The Buyer's intended use of the Vehicle is: ________.
§ 5. SELLER'S TITLE WARRANTY
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§ 5.2 The Seller shall indemnify and hold the Buyer harmless from and against any loss, claim, or demand arising from any breach of the warranty in § 5.1.
§ 5.3 The warranties in this § 5 shall survive the closing of this transaction.
§ 6. GENERAL PROVISIONS
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§ 6.2 Successors and Assigns. This Bill of Sale shall enure to the benefit of and be binding upon the Parties and their respective heirs, executors, administrators, successors, and permitted assigns.
§ 6.3 Severability. If any provision of this Bill of Sale is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
§ 6.4 Amendment. No amendment to this Bill of Sale shall be effective unless made in writing and signed by both Parties.
§ 6.5 Governing Law. This Bill of Sale shall be governed by and construed in accordance with the laws of the Province of ________ and the federal laws of Canada applicable therein, and the Parties irrevocably attorn to the exclusive jurisdiction of the courts of that Province.
§ 6.6 Counterparts. This Bill of Sale may be executed in counterparts and by electronic signature, each of which shall be deemed an original and all of which together shall constitute one and the same instrument.
§ 7. EXECUTION
IN WITNESS WHEREOF the Parties have executed this Bill of Sale on ________, in the Province of ________.
______________________
Seller's signature
Name: ________
______________________
Witness signature
Name: ________
______________________
Buyer's signature
Name: ________
______________________
Witness signature
Name: ________