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x. Besides, it’ll act as a receipt for the transaction. Keep in mind you will want to keep water away from the gears, shocks and other moving parts in to avoid any malfunction down the road. The Bicycle Bill of Sale form serves as a legal document for sale of a bicycle and the transfer of ownership from seller to buyer. • More than 2.3 lakh bikes sold till date. • No commission on sale.

A Bicycle Bill of Sale is important for a number of reasons.When you are ready to sell your bike, you need to do the following things:© 2020 Electronic Forms LLC. Once you have found an interested purchaser of your bicycle and you have negotiated a priceWhen it comes time to meet with a possible buyer, you will want to arrange to do so in a public place. Carry on browsing if you are happy with this or find out how to manage cookies. A bill of sale also supplies the buyer and seller with evidence of the purchase, this can be utilized should there be any question as to ownership should the bike be stolen. AGREEMENT FOR THE SALE OF A MOTOR VEHICLE Made and entered into by and between :- _____(hereinafter called "the Seller") and _____ (herinafter called "the Purchaser") WHEREBY IT IS AGREED AS FOLLOWS :- i. • Usual time to sell between 1 to 21 days. This document will also serve as proof of ownership.

IN WITNESS WHEREOF the Seller and the Buyer respectively have hereunto set their respective hand the day and year first hereinabove written. Please be aware that our agents are not licensed attorneys and cannot address legal questions.Once you download the form, you’ll only need to fill out the following things:You’ll need the Bicycle Bill of Sale form to finalize the sale.

Should any provision of this agreement be judged by an appropriate court of law as invalid, it shall not affect any of the remaining provisions whatsoever.16.2 The Seller shall then have the right to sell the motorcycle in any manner which he/she may deem fit and to apply the proceeds to the repayment of monies due under the agreement.Signature of Notary Public ______________________My commission expires ________________________12.3 The Seller shall issue a lien release within 5 (five) days of receiving full and final payment of all monies due under this agreement, where after the onus shall be on the Buyer to file the lien release with the relevant public offices.Vehicle Identification Number (VIN):____________________________15.2 The Seller may assign this motorcycle installment sale and security agreement to a third party without notice to the Buyer and the Buyer agrees to remain bound to any subsequent holder of this agreement under the terms of this agreement.14.5 The Buyer will keep the motorcycle free from any other liens or security interests and will promptly pay all statutory fees.Make and Color:________________________________Odometer Reading:____________________________State of ________________________The Buyer will pay to the Seller ______payments of $________ (_____________________dollars) each at consecutive monthly intervals on the ________day of each month, starting on the ___________day of ___________________20____ until the Outstanding Balance and accrued interest is paid in full. A bicycle bill of sale is simply a document given by the seller to the buyer as a legal document showing the purchase of the bicycle and the transfer of ownership. It includes relevant details about […] If you do not accept and agree to these terms and conditions, do not order/keep In simple terms, a bicycle bill of sale can be called a receipt. A bicycle bill of […] • Loan Assistance for Buyers. $150,000. A bike sale contract is made between the owner organization/ individual and the buyer individual/ organization to sell the bike. This means the transaction is over and can’t be reversed.

When you have reached an amicable agreement on the purchase price, both parties are then ready to sign and date the bill of sale and exchange the money for the bicycle.

Think of it like a receipt. This document will also serve as proof of ownership.

The Buyer shall furnish proof of such an insurance policy to the Seller and assign to the Seller all rights to receive proceeds of insurance to the value of the Outstanding Balance.16.5 No relaxation, indulgence, waiver, release or concession extended to the Buyer by the Seller and no delay or omission in the enforcement or exercising of the Seller's right under the agreement shall affect the rights of the Seller under this agreement.__________________________________County of ______________________16.4 The Buyer agrees that he/she shall remain liable for any shortfall if the proceeds from the sale of the motorcycle are not sufficient to repay all monies due under the agreement.Model:_________________________ Year___________Type of Motorcycle:____________________________1. It provides proof of ownership by describing the fine details of the bike up for purchase, the cost of the bike (if any) as well as the buyer and seller’s signatures of agreement.There are tons of bike snatchers looking to sell bikes they take for quick and easy cash. First off, it will bring a written transparency to the exchange and will address any issues that the bike may have before it is sold, ensuring the buyer is aware of the ‘as is’ condition.
The instrument logs the important information involved in the sale, recording buyer and seller particulars, identification distinctions of the bicycle, condition, date, and separate signatures to indicate accord in the contract.