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Purchase and Sale Agreement For Automobile

The document is a purchase and sale contract for a Chevrolet Corsa automobile between Marcos Vicente Nascimento as the seller and Vicente do Nascimento as the buyer. The buyer will assume the payment of the residual value of the financing of R$39,927.80 in 55 installments of R$725.96. The seller is responsible for delivering the vehicle and ensuring its proper functioning for 90 days.
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0% found this document useful (0 votes)
6 views3 pages

Purchase and Sale Agreement For Automobile

The document is a purchase and sale contract for a Chevrolet Corsa automobile between Marcos Vicente Nascimento as the seller and Vicente do Nascimento as the buyer. The buyer will assume the payment of the residual value of the financing of R$39,927.80 in 55 installments of R$725.96. The seller is responsible for delivering the vehicle and ensuring its proper functioning for 90 days.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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AUTOMOBILE PURCHASE AND SALE CONTRACT

IDENTIFICATION OF THE CONTRACTING PARTIES

SELLER:
Marcos Vicente Nascimento, Brazilian, married, retired, holder of ID nº 0000000-SSP/PB and CPF
No. 000.000.000-88, with address at Vidal de Negreiros Street, 110, Santa Cruz, Campina Grande,
Paraíba

BUYER:
Vicente do Nascimento, Brazilian, married, carpenter, with Identity Card No. 000.068 - SSP/PB,
C.P.F. No. 000.000.000-00, resident and domiciled at Josa Fausto Street, 110, Santa Cruz, Campina Grande,
Paraíba;

The parties identified above have, between themselves, just and agreed upon this Purchase Agreement and
Sale of Automobile, which will be governed by the following clauses and the conditions described in
present.

OBJECT OF THE CONTRACT

Clause 1.
The purpose of this contract is the vehicle Corsa, brand Chevrolet, model Classic LS, year of
manufacturing 2014, chassis oooooo0CC1159, color Beige, license plate XXX 0000/PB, registered at DETRAN/DUT in
seller's name.

Clause 2.
The vehicle subject to this contract is used, showing natural wear and tear due to time.
seen and inspected by the BUYER, who is aware of its conditions and state of
conservation.
THE OBLIGATIONS

Clause 3.
The SELLER is responsible for delivering to the BUYER the Unique Transfer Document
(DUT), signed and this recognized signature, after the due payment of the amount established herein
instrument.

Clause 4.
The SELLER must deliver the automobile to the BUYER, free of any fines or encumbrances.
related to traffic violations, even if alienated to the financing company, with 55 installments listed in
value of R$ 725.96 for its settlement.

Clause 5.
It will be the responsibility of the BUYER, after the signing of this instrument, for the taxes and charges.
that impact the automobile, as well as the monthly payment of the installments of
financing.

Clause 6.
The SELLER is responsible for delivering the vehicle to the location indicated by the BUYER, in the
same conditions of when was inspected by theBUYER.

Article 7.
The seller will be responsible for the good condition and perfect functioning of the vehicle for a period of
90 (ninety) days, counted from the signing of this instrument by the parties.

Clause 8.
Any problem detected in the operation or structure of the vehicle, within the timeframe.
established in the previous Clause, must be communicated by the BUYER to the SELLER within the time frame
from 3 (three) days counting from the moment that he/she became aware of the problem.

Clause 9.
The seller will not be responsible for damages caused to the vehicle due to negligence.
The BUYER is not liable for issues arising from misuse or negligence of non-compliance.
the revisions.

Clause 10.
If the automobile presents any manufacturing defect, the SELLER will be responsible for it.
repair or by exchanging the vehicle.

Clause 11.
The mandatory revisions will be the responsibility of the BUYER.

ABOUT THE PRICE

Clause 12.
By this document, the BUYER will assume the payment of the remaining financing amount for the purchase.
of the vehicle, object of this contract, represented by the amount of R$ 39,927.80 (thirty-nine thousand,
nine hundred and twenty-seven reais and eighty cents), divided into 55 (fifty-five) installments of R$
725.96 (seven hundred and twenty-five reais and ninety-six cents), to be paid monthly on the date
payment booklet.

ON THE TRANSFER OF VEHICLE OWNERSHIP

Clause 13.
The transfer of ownership of the vehicle will be carried out within 30 (thirty) days after payment.
last installment paid for the car financing.

Clause 14.
This contract takes effect from the signature by the parties, binding their heirs to it.
successors of the same.

DO FORUM

Clause 15. To resolve any controversies arising from the CONTRACT, the parties choose the forum of
region of Campina Grande, Paraíba;

Being thus just and contracted, they execute this instrument in two copies of equal content,
together with 2 (two) witnesses.

Campina Grande, Paraíba, December 29, 2011.

Buyer

_______________________________________________
Seller

RG and signature of Witness 1

RG and signature of Witness 2

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