Posts Tagged ‘rights motorist’

The Seller

Saturday, August 1st, 2015

The seller is obliged to transfer vehicle to the buyer within the stipulated contract for the sale period. The date of performance by the seller of this duty be the date of acceptance of the document (including receipts) or a document confirming the acceptance of a vehicle carrier for delivery to the buyer. If the vehicle has not been transferred to the buyer in contract time, then he is entitled to a transfer of the vehicle, or compensation for damages. True, the right to demand the transfer of the vehicle is no longer, if it has already been transferred to another person and that person is its owner (for example, if the owner of vehicle made several purchase agreements with various persons or gave it). If the vehicle is not transferable, and is the seller of the contract, but with ownership of it came from several people at once (for example, entered into several purchase agreements), the advantage would be the one who bought the vehicle used.

If the time acquisition vehicle for the sale contract in respect of each of the buyers can not be installed, will have the advantage of them, who had sued. The remaining buyers are entitled to claim from the seller damages caused by the failure by the seller obligations. The buyer must pay for the vehicle immediately before or after his transfer in the amount of its full price. If the buyer fails to pays transferred in accordance with the contract of sale the vehicle, the seller is entitled to require, first of all, his pay, and secondly, the payment of interest on other people's money. Contract may provide the buyer's obligation to pay all or part of the TC before passing it by the seller (payment in advance).

If the buyer fails to perform its obligation, the seller is entitled to suspend the transfer of vehicle or cancel the contract. Contract of sale may also be provided for payment of the vehicle after a certain time after its transmission to the buyer. The contract of sale may be provided and that the ownership of the vehicle is transferred to the buyer, the seller is stored until it is paid in full. The inclusion of contract terms such seller, if the payment under the contract within a specified period not will be made, the right to demand the return of the vehicle and the buyer has no right to transfer ownership to him to dispose of them. Payment of the vehicle, if the contract so provides, may be made in installments. Such a contract is concluded, if it listed along with other essential conditions of the order, timing and amount of payments. In the case where the buyer does not perform within the prescribed the contract term and amount of installment payments received from the buyer, not more than half the price of vehicle, the seller is entitled to demand his return. In cases where the sale contract provides for payment vehicle after a certain time or by installments, the TC found to be pledged to the seller.