Double car purchase agreement
Number of car purchase and sale agreements at the conclusion of the transaction
Selling and buying cars is common. The process of transferring a vehicle (vehicle) into the possession of another person is accompanied by the preparation of documents. Sometimes this causes certain difficulties. Increasingly, on the Internet, vehicle owners are interested in how many car purchase and sale agreements there can be. It depends on the circumstances, so it is important to know how to legally formalize the transaction correctly.
Basic provisions about car policy
The purchase and sale agreement stipulates that the seller transfers the ownership of the goods (car) to another party - the buyer. The latter undertakes to accept the property and pay the established price for it. The nuances of the procedure are regulated by the Civil Code of the Russian Federation.
The subject of the agreement for the purchase and sale of a car is a vehicle that has not been withdrawn from civil circulation. It is not necessary to have the document certified by a notary, and drawing up an agreement is not difficult. To do this, use a typical agreement form. Problems often arise when determining how many contracts are needed and where to submit them.
Below is a sample document:
Features of the agreement
When completing the contract, the following documents will be required:
- A vehicle passport, in which the traffic police puts a mark on the deregistration of the car for sale.
- Passports identifying the parties to the transaction.
- Power of attorney from the owner of the vehicle (if the seller is not the owner of the car and is not included in the registration certificate).
- Power of attorney of the organization for the right to buy/sell a car (if the participant in the transaction acts in the interests of a legal entity).
Detailed registration of the DCT is regulated by Article 454 of the Civil Code of the Russian Federation. You should also focus on Chapter 30. The fact of transfer of the vehicle from the seller to the buyer is recorded in a special act.
You can draw up a contract by hand or using a computer. This is not a fundamental point.
How many PrEP can there be?
The minimum number of copies of a vehicle sale agreement is two: one for the seller, the other for the buyer, but in practice there are different situations related to the registration of a contract for a car.
It happens that the car previously belonged to several persons in turn without registration. This is usually done using different repurchase schemes, the choice of which depends primarily on the seller.
One of the most popular options is selling a car under two contracts. That is, instead of one standard agreement, two are actually concluded. Moreover, both documents have legal force. This scheme is usually used when purchasing a car from resellers. There are two known variants:
The second option is more popular, as it avoids unnecessary entries in the PTS.
Required number of copies of the DCP
The answer to the question of how many copies of the agreement depends on the number of parties to the agreement. As we have already mentioned, as a general rule, two copies of the agreement are drawn up - for the seller and the buyer. But legal practice shows that it is advisable to have at least three copies of the DCP. In practice, MREO employees often do not return the DCP presented when registering a vehicle, so it is advisable to prepare a third copy.
Features of sales under two sales contracts
A double agreement is usually practiced, as mentioned above, when a deal is concluded with a car reseller. The latter enters into a standard DPA with the primary seller, where he enters his name. In this case, the car is not registered; the new owner can resell it to anyone. This is exactly what he does by concluding a second contract on his behalf with the buyer.
Since the vehicle was not re-registered at the time it was in the hands of the reseller, the tax reporting of the secondary seller does not apply. Even dealer networks sometimes use two purchase and sale agreements for one car when selling new cars. Registration is carried out by the end buyer.
An important place is occupied by a preliminary agreement between the reseller and the primary seller so that the latter does not deregister the car after the prescribed 10 days. For a car purchased under this scheme, the final owner must present a double contract when registering with the MREO: from the primary owner and his own.
Conclusion
Buying a car is a serious transaction that requires correct registration. The main document in this case is the purchase and sale agreement. On its basis, one party alienates rights to property, and the other acquires. Wanting to save time and money, citizens often draw up a double agreement. In such a situation, an agreement is reached between the reseller of the car and the future real owner, which is expressed in two DCTs.
Specialist in lending to individuals and small and medium-sized businesses. Experience in the banking sector - more than 15 years.
Double car purchase agreement
Recommendations for filling out a car purchase and sale agreement
- We print out the form in three copies (for the Seller, the Buyer, the traffic police)
- We fill out the contract with a pen of the same color (blue or black), or in printed form
- We enter the contract number (any number, for example 0228/2020, then this number will be included in the PTS)
- Fill in the column for the place (city) of the transaction and set the current date.
- We carefully fill out the passport details of the Seller and the Buyer
- We fill in the car data taken from the PTS and Vehicle Certificate without errors.
- By agreement of the parties to the transaction, we indicate the cost of the car in numbers and in words (we advise you to indicate the true cost, in the absence of significant arguments before the tax authorities)
- Before signing the Car Purchase and Sale Agreement, the Seller and the Buyer exchange documents and car keys for money, and only after that sign the Agreement combined with the vehicle transfer acceptance certificate
List of necessary documents for drawing up a contract for the sale and purchase of a car.
Documents from the Seller:
- PTS (Vehicle Passport). (Original)
- Vehicle registration certificate. (Original)
- Citizen's passport (valid)
Documents from the Buyer:
- Citizen's passport (valid)
- MTPL policy for the purchased car, without it you cannot move the purchased car
Recommendations for the Buyer:
1. Make sure that the car you are planning to purchase:
- Not subject to collateral
- There are no restrictions on registration actions (in any MREO)
- Not credit (online service on the Internet)
- No fines were imposed based on the car number (traffic police website)
- Not under arrest
2. Before drawing up a purchase and sale agreement , it is necessary to verify the identity of the Seller with the submitted documents (passport, PTS, Certificate of Registration)
*Do not forget, based on the result of the transaction, to enter the new owner of the vehicle into the PTS, indicate the date of purchase and the number of the document of ownership with the date of its execution, as well as sign the Seller and the Buyer.
Recommendations after selling a car
According to the law that came into force in 2014, the Buyer is obliged to register the vehicle (register the car in his name) within 10 days from the date of signing the purchase and sale agreement. After this period, you can contact the district MREO traffic police department and check the registration of your former car with the new owner. If the new owner has not re-registered the car in his name, you have the right to terminate the registration of the vehicle by writing an application and submitting a purchase and sale agreement.
Recommendation: before writing a statement to the traffic police, contact the new owner of the vehicle and ask why he did not re-register the car in his name.
If, at the time of selling the car, the MTPL policy has not yet expired, you can return the money for the unused insurance period.
Please note that in case of selling a car, the number of unused days is calculated from the day following the day the notice of termination is written. Thus, the sooner you contact your insurance company, the greater the payment will be.
To terminate the contract, you need to come to the office of the insurance company (address, telephone number is indicated on one of the policy stamps) and, with the help of an employee, write a statement of termination. You should have the following documents with you:
- DCP (photocopy)
- PTS of the sold car with a note about the new owner (photocopy)
- General power of attorney (if any) (photocopy)
- Insurance policy and receipt (payment order if the policyholder is a legal entity)
- Passport (or its photocopy) of the policyholder
Double car purchase agreement
Dear readers! Our articles talk about typical ways to solve everyday problems, but each case is unique.
If you want to find out how to solve your particular problem, please use the link below. It's fast and free!
Having studied all the documents, there were no doubts about their authenticity, the photo in the passport was similar, the condition of the car pleased me, and after good bargaining, a purchase and sale agreement was concluded and the new owner drove away in the car. In the statement of claim, the former owner indicated that he did not sell his car to anyone, did not sign the purchase and sale agreement, did not receive money from its sale, and therefore demands to return the car back.
2 car purchase and sale agreements
A standard vehicle purchase and sale agreement is drawn up in 2 copies, but we recommend making 3 copies: for the seller, for the buyer and for the traffic police, you will submit it when registering the car. Theoretically, you can submit your own copy of the contract to the MREO, but since in practice the traffic police officers do not return it, it is better to make another one and indicate this in the text of the contract.
The agreement is not registered, unlike a canceled certificate-invoice; it can be printed and signed by the buyer and seller of the car anywhere simply by hand. Until the buyer receives a vehicle registration certificate in his name, the contract is the main document confirming his right to the purchased car. We have prepared for you a simple and understandable form and sample of such an agreement in several formats:. Open in a browser on a separate page. First, fill in the date, place of registration and enter your buyer’s passport details.
When conducting a transaction, the seller will enter his:. Car and PTS details carefully! At the time of exchanging money for keys and documents from the car, the seller and buyer put their signatures on the purchase and sale agreement: As you can see, nothing complicated.
Let me remind you that this agreement must be filled out and signed in triplicate! One remains with the seller, two for the buyer. If you fill out a document by hand, you should use one blue pen for all copies. If you are a seller, then 10 days after the sale you have the right to terminate the registration of the vehicle. This is necessary when an unscrupulous buyer does not register the car in his own name, and you receive all the fines and taxes on your old car.
To do this, it is enough to go to any MREO with your passport and your copy of the contract and refer to clause. There is no need to draw up an act of acceptance and transfer of the car and money, since in the template provided this condition is already contained directly in the text of the agreement clause. Agreement for the sale and purchase of a car between by individuals year The procedure for registering a contract when buying a car A standard vehicle purchase and sale agreement is drawn up in 2 copies, but we recommend making 3 copies: for the seller, for the buyer and for the traffic police, you will hand it over when registering the car.
We have prepared for you a simple and understandable form and sample of such an agreement in several formats: Download the completed agreement form, where you need to enter your data New!
An automatic online contract constructor has been launched. Try: Online PrEP constructor. Their presence in the contract is not necessary, however, in the fall, cases have become more frequent when the traffic police in some regions refuses to accept a contract without these fields. That's why we added them to the contract form. When selling a deregistered car, simply leave these fields blank or put a dash.
Do I need to renew my insurance before registering? On the one hand, p. On the other hand, p. In practice, in many regions, MREOs will not accept documents if there is no new policy with a new owner in the “owner” column; in some regions, the old policy is also accepted. You can clarify this issue in your MREO, but it is better to re-form it, since the old owner can terminate the contract at any time in order to return part of the money.
Forms, samples and instructions for filling out contracts.
Get a free consultation right now:
8 (800) 500-27-29 Ext.
389 (toll free)
Fine for late re-registration of a car
The deposit according to the law, either you fulfill the conditions, you buy, the seller sells, or if you don’t fulfill the conditions, you don’t buy, you lose the deposit, the seller doesn’t sell, he returns it in double amount. An advance is easy to throw away, if you don’t buy, you lose the advance, they don’t sell it to you, they may not return it, since in the law an advance is a mythical creature who knows who the hell invented it. All questions can be answered only through the website. The FALSE guarantor asks to transfer payment to Yandex and they say we will immediately start working with you. After transferring money, you are immediately banned from the site. There is no other connection between the crooks and scammers. The story is not mine, I saw it in a group of resellers - despite the banality of the divorce, I want to protect myself and you from scams. The story itself: “There is a new type of fraud in Orel.
Inherited car
More than 15 years of experience in finance. Date: December 3 Reading time 4 min. The application must be accompanied by a vehicle purchase and sale agreement as proof of non-involvement in the violation committed. In addition, the sale can be canceled or the buyer can be sued.
Forgot your password? Page 1 of 4 1 2 Last To page: Showing 1 to 20 of Topic Options Subscribe to this topic….
I have never understood why, when putting a car up for sale, people try to hide the state registration plates of their car, which are visible in the photographs of their advertisements on the Internet. These numbers are on the street and hundreds of people see them every day, what’s so scary about that? It turns out there is a point.
Fine for late re-registration of a car
You can leave a comment on this topic after registering. Registered users have more options available. Go to registration. And on what basis in the agreement that your husband signed at the traffic police between him and the first owner, instead of the latter, he signed the outbid? In this case, he should have had a power of attorney for such actions.
Selling cars using double DCT
According to the document, which is published on the official Internet portal of legal information, the following amendments come into force. Now it is allowed to register cars with electronic PTS vehicle passports, moreover, from November 1 of this year, the use of electronic PTS will become mandatory for all new cars. It is expected that the electronic registration certificate will become not only a more convenient analogue of the traditional one, but also an expanded service that provides access to the complete history of the car from the moment it leaves the production line or is imported into the country: compulsory motor vehicle insurance and comprehensive insurance data, participation in an accident, changes in design, restrictions imposed and other data. If your passport is lost or damaged, you can get a duplicate. With the introduction of amendments, replacing a car engine with a factory one will now cause much fewer problems. Previously, the owner of the vehicle had to contact the traffic police, and inspectors could demand a purchase and sale agreement for a new car, and often refused to register a new car. The remaining engines still require approval. The new rules also regulate the procedure for registering a vehicle owned by two or more owners.
Why you should always have a purchase and sale agreement in hand
Register Login. Mail replies. Questions - leaders Is it possible to drive a classic? Won't it fall apart?
Agreement for the purchase and sale of a car between legal entities
I am going to buy a car under a purchase and sale agreement further than the DCP, but the person in whose name the car is registered cannot appear to formalize the DCP himself, so he proposes the following scheme: How legal and safe is this scheme? What pitfalls are possible and how to protect yourself from them? In principle, the situation is clear, thank you very much to everyone who responded.
How to buy a car and be left without a car and money
Buying and selling cars is one of the most popular property transactions. It is necessary to approach the preparation of accompanying documentation with the utmost care so as not to miss important points, thereby depriving yourself of the right to own a vehicle legally.
Termination of a car purchase and sale agreement
Consumer demand for cars is growing every year. The diversity of the modern automobile market allows buyers to independently choose how to purchase a car: buy a new car in a store, a used car through a consignment trade or from a private individual. However, purchasing a car from a private person continues to be a fairly popular transaction, therefore, knowing the peculiarities of its implementation, a citizen will be able to avoid undesirable consequences for himself.
Buying a car by proxy
Possible transactions using a power of attorney. Under current legislation, a power of attorney is not required to transfer the right to drive a car.
VIDEO ON THE TOPIC: Purchase and sale of cars 2019: agreement, registration, power of attorney
Double car purchase agreement
Dear readers! Our articles talk about typical ways to solve everyday problems, but each case is unique.
If you want to find out how to solve your particular problem, please use the link below. It's fast and free!
Having studied all the documents, there were no doubts about their authenticity, the photo in the passport was similar, the condition of the car pleased me, and after good bargaining, a purchase and sale agreement was concluded and the new owner drove away in the car. In the statement of claim, the former owner indicated that he did not sell his car to anyone, did not sign the purchase and sale agreement, did not receive money from its sale, and therefore demands to return the car back.
2 car purchase and sale agreements
A standard vehicle purchase and sale agreement is drawn up in 2 copies, but we recommend making 3 copies: for the seller, for the buyer and for the traffic police, you will submit it when registering the car. Theoretically, you can submit your own copy of the contract to the MREO, but since in practice the traffic police officers do not return it, it is better to make another one and indicate this in the text of the contract.
The agreement is not registered, unlike a canceled certificate-invoice; it can be printed and signed by the buyer and seller of the car anywhere simply by hand. Until the buyer receives a vehicle registration certificate in his name, the contract is the main document confirming his right to the purchased car. We have prepared for you a simple and understandable form and sample of such an agreement in several formats:. Open in a browser on a separate page. First, fill in the date, place of registration and enter your buyer’s passport details.
When conducting a transaction, the seller will enter his:. Car and PTS details carefully! At the time of exchanging money for keys and documents from the car, the seller and buyer put their signatures on the purchase and sale agreement: As you can see, nothing complicated.
Let me remind you that this agreement must be filled out and signed in triplicate! One remains with the seller, two for the buyer. If you fill out a document by hand, you should use one blue pen for all copies. If you are a seller, then 10 days after the sale you have the right to terminate the registration of the vehicle. This is necessary when an unscrupulous buyer does not register the car in his own name, and you receive all the fines and taxes on your old car.
To do this, it is enough to go to any MREO with your passport and your copy of the contract and refer to clause. There is no need to draw up an act of acceptance and transfer of the car and money, since in the template provided this condition is already contained directly in the text of the agreement clause. Agreement for the sale and purchase of a car between by individuals year The procedure for registering a contract when buying a car A standard vehicle purchase and sale agreement is drawn up in 2 copies, but we recommend making 3 copies: for the seller, for the buyer and for the traffic police, you will hand it over when registering the car.
We have prepared for you a simple and understandable form and sample of such an agreement in several formats: Download the completed agreement form, where you need to enter your data New!
An automatic online contract constructor has been launched. Try: Online PrEP constructor. Their presence in the contract is not necessary, however, in the fall, cases have become more frequent when the traffic police in some regions refuses to accept a contract without these fields. That's why we added them to the contract form. When selling a deregistered car, simply leave these fields blank or put a dash.
Do I need to renew my insurance before registering? On the one hand, p. On the other hand, p. In practice, in many regions, MREOs will not accept documents if there is no new policy with a new owner in the “owner” column; in some regions, the old policy is also accepted. You can clarify this issue in your MREO, but it is better to re-form it, since the old owner can terminate the contract at any time in order to return part of the money.
Forms, samples and instructions for filling out contracts.
Get a free consultation right now:
8 (800) 500-27-29 Ext.
389 (toll free)
Fine for late re-registration of a car
The deposit according to the law, either you fulfill the conditions, you buy, the seller sells, or if you don’t fulfill the conditions, you don’t buy, you lose the deposit, the seller doesn’t sell, he returns it in double amount. An advance is easy to throw away, if you don’t buy, you lose the advance, they don’t sell it to you, they may not return it, since in the law an advance is a mythical creature who knows who the hell invented it. All questions can be answered only through the website. The FALSE guarantor asks to transfer payment to Yandex and they say we will immediately start working with you. After transferring money, you are immediately banned from the site. There is no other connection between the crooks and scammers. The story is not mine, I saw it in a group of resellers - despite the banality of the divorce, I want to protect myself and you from scams. The story itself: “There is a new type of fraud in Orel.
Inherited car
More than 15 years of experience in finance. Date: December 3 Reading time 4 min. The application must be accompanied by a vehicle purchase and sale agreement as proof of non-involvement in the violation committed. In addition, the sale can be canceled or the buyer can be sued.
Forgot your password? Page 1 of 4 1 2 Last To page: Showing 1 to 20 of Topic Options Subscribe to this topic….
I have never understood why, when putting a car up for sale, people try to hide the state registration plates of their car, which are visible in the photographs of their advertisements on the Internet. These numbers are on the street and hundreds of people see them every day, what’s so scary about that? It turns out there is a point.
Fine for late re-registration of a car
You can leave a comment on this topic after registering. Registered users have more options available. Go to registration. And on what basis in the agreement that your husband signed at the traffic police between him and the first owner, instead of the latter, he signed the outbid? In this case, he should have had a power of attorney for such actions.
Selling cars using double DCT
According to the document, which is published on the official Internet portal of legal information, the following amendments come into force. Now it is allowed to register cars with electronic PTS vehicle passports, moreover, from November 1 of this year, the use of electronic PTS will become mandatory for all new cars. It is expected that the electronic registration certificate will become not only a more convenient analogue of the traditional one, but also an expanded service that provides access to the complete history of the car from the moment it leaves the production line or is imported into the country: compulsory motor vehicle insurance and comprehensive insurance data, participation in an accident, changes in design, restrictions imposed and other data. If your passport is lost or damaged, you can get a duplicate. With the introduction of amendments, replacing a car engine with a factory one will now cause much fewer problems. Previously, the owner of the vehicle had to contact the traffic police, and inspectors could demand a purchase and sale agreement for a new car, and often refused to register a new car. The remaining engines still require approval. The new rules also regulate the procedure for registering a vehicle owned by two or more owners.
Why you should always have a purchase and sale agreement in hand
Register Login. Mail replies. Questions - leaders Is it possible to drive a classic? Won't it fall apart?
Agreement for the purchase and sale of a car between legal entities
I am going to buy a car under a purchase and sale agreement further than the DCP, but the person in whose name the car is registered cannot appear to formalize the DCP himself, so he proposes the following scheme: How legal and safe is this scheme? What pitfalls are possible and how to protect yourself from them? In principle, the situation is clear, thank you very much to everyone who responded.
How to buy a car and be left without a car and money
Buying and selling cars is one of the most popular property transactions. It is necessary to approach the preparation of accompanying documentation with the utmost care so as not to miss important points, thereby depriving yourself of the right to own a vehicle legally.
Termination of a car purchase and sale agreement
Consumer demand for cars is growing every year. The diversity of the modern automobile market allows buyers to independently choose how to purchase a car: buy a new car in a store, a used car through a consignment trade or from a private individual. However, purchasing a car from a private person continues to be a fairly popular transaction, therefore, knowing the peculiarities of its implementation, a citizen will be able to avoid undesirable consequences for himself.
Buying a car by proxy
Possible transactions using a power of attorney. Under current legislation, a power of attorney is not required to transfer the right to drive a car.
VIDEO ON THE TOPIC: Purchase and sale of cars 2019: agreement, registration, power of attorney
Car purchase and sale agreement (with multiple parties on the seller’s side)
AGREEMENT N _____ purchase and sale of a car
Citizen ______________________, citizen ______________________, hereinafter referred to as the “Sellers”, on the one hand, and citizen ______________________, hereinafter referred to as the “Buyer”, on the other hand, collectively referred to as the “Parties”, have entered into this Agreement as follows.
1. THE SUBJECT OF THE AGREEMENT
1.1. In accordance with the terms of this Agreement, the Sellers undertake to transfer ownership to the Buyer, and the Buyer undertakes to accept and pay for the following car (hereinafter referred to as the “Car”) 1:
Identification number (VIN) _________________________________.
Make, model of vehicle ______________________________________________.
Name (vehicle type) ________________________________________.
Vehicle category (A, B, C, D) _____________________________________.
Year of manufacture of the vehicle is _________________________________________________.
Model, engine N _________________________________________________.
Chassis (frame) N ________________________________________________.
Body (cabin) color __________________________________________.
Engine power, l. With. (kW) _______________________________.
Engine displacement, cubic meters cm ______________________________.
Engine's type _________________________________________________.
Environmental class ___________________________________________.
Permitted maximum weight, kg ____________________________.
Weight without load, kg _____________________________________________.
Organization - vehicle manufacturer (country) _______________________.
Vehicle passport (series, number, date of issue): _______________________.
Name of the organization that issued the passport ____________________.
Date of issue of passport: __________________________________________.
State registration plate __________________________.
1 An agreement is considered concluded if an agreement is reached between the parties, in the form required in appropriate cases, on all the essential terms of the agreement. The condition on the subject of the contract is an essential condition of the contract (clause 1 of Article 432 of the Civil Code of the Russian Federation).
1.2. The car belongs to the Sellers on the basis of common ownership on the basis of ____________________, which is confirmed by _______________________.
2. OBLIGATIONS OF THE PARTIES
2.1. Sellers are required to:
2.1.1. Transfer the Car to the Buyer within the time frame and in the manner provided for in this Agreement.
2.1.2. Simultaneously with the transfer of the Car, transfer to the Buyer the accessories for the Car, additional equipment and all documents necessary for the further operation of the Car.
2.1.3. Transfer the Car to the Buyer free of any rights of third parties.
2.2. The buyer is obliged:
2.2.1. Accept the Car from the Sellers according to the acceptance certificate.
2.2.2. Pay the price of the Car in the amount and manner provided for in this Agreement.
3. CONTRACT PRICE AND PAYMENT PROCEDURE
3.1. The price of the Car transferred under this Agreement is _____ (____________) rubles (the price of the Agreement).
3.2. The Buyer shall pay the price of the Agreement within __________ calendar days from the date of signing by the Parties of this Agreement.
3.3. Payment of the Contract price is made by transferring cash by the Buyer to the Sellers.
4. TRANSFER AND ACCEPTANCE OF THE CAR
4.1. The car is transferred by the Sellers at the Buyer’s place of residence at the address: ______________________________.
4.2. The car must be handed over to the Buyer by “___”__________ ____.
4.3. The Buyer is obliged to inspect the Car, check its technical condition and, if there are no comments, accept the Car according to the acceptance certificate signed by the Parties.
4.4. Ownership of the Car, as well as the risk of accidental loss or damage to the Car, passes from the Seller to the Buyer from the date of signing the acceptance certificate.
4.5. If the defects of the Car were not specified by the Sellers, the Buyer, to whom the Car of inadequate quality was transferred, has the right, at his own discretion, to demand from the Sellers:
4.5.1. A proportionate reduction in price.
4.5.2. Free elimination of deficiencies within a reasonable time.
4.5.3. Reimbursement of your expenses for eliminating the defects of the Vehicle.
4.6. In the event of a significant violation of the requirements for the quality of the Car (detection of fatal defects, defects that cannot be eliminated without disproportionate costs or time, or are identified repeatedly, appear again after their elimination, and other similar defects), the Buyer has the right to refuse to fulfill the Agreement and demand a refund price paid.
4.7. If the Sellers refuse to transfer the Car to the Buyer, the Buyer has the right to refuse to fulfill this Agreement.
5. RESPONSIBILITY OF THE PARTIES
5.1. For violation of the deadline for payment of the price of the Agreement, provided for in clause 3.2 of the Agreement, the Sellers have the right to require the Buyer to pay a penalty in the amount of _____% of the amount not paid on time for each day of delay.
5.2. For violation of the deadline for transfer of the Car provided for in clause 4.2 of the Agreement, the Buyer has the right to demand from the Sellers payment of a penalty in the amount of _____% of the Agreement price for each day of delay.
5.3. For failure to fulfill or improper fulfillment of other obligations under this Agreement, the Parties bear responsibility established by the current legislation of the Russian Federation.
6. FORCE MAJEURE CIRCUMSTANCES
6.1. The parties are released from liability for partial or complete failure to fulfill their obligations under this Agreement if their fulfillment is prevented by an extraordinary and unavoidable circumstance under the given conditions (force majeure).
6.2. If force majeure circumstances arise that prevent the fulfillment of obligations under this Agreement by one of the Parties, it is obliged to notify the other Party no later than __________ from the moment such circumstances arise, and the deadline for fulfilling obligations under this Agreement is postponed in proportion to the time during which such circumstances existed.
7. DISPUTE RESOLUTION
7.1. All disputes and disagreements that may arise between the Parties on issues related to the execution of this Agreement will be resolved by the Parties through negotiations.
7.2. If controversial issues are not resolved during negotiations, disputes are resolved in court in the manner established by the current legislation of the Russian Federation.
8. OTHER CONDITIONS 2
2 Along with the condition on the subject of the contract, as well as the conditions that are named in the law or other legal acts as essential or necessary for contracts of this type, the essential terms of the contract are all those conditions regarding which, at the request of one of the parties, an agreement must be reached (para. 2 clause 1 article 432 of the Civil Code of the Russian Federation). Thus, the parties have the right to define for themselves any condition as essential, in the absence of which the contract cannot be considered concluded.
8.1. This Agreement comes into force from the date of its signing by the Parties and is valid until they fully fulfill their obligations under this Agreement.
8.2. Any changes and additions to this Agreement must be in writing and signed by the Parties.
8.3. This Agreement may be terminated by agreement of the Parties or on other grounds established by the current legislation of the Russian Federation.
8.4. In all other respects that are not provided for in this Agreement, the Parties are guided by the current legislation of the Russian Federation.
8.5. This Agreement is drawn up in three copies, two copies for the Sellers and one copy for the Buyer.