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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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forms
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sale
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2030.bld
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1993-08-01
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#2030
@001 Enter the name of the OWNER of the vehicle:
@002 Enter the name of the CONSIGNOR:
@102 Enter make of automobile:
@103 Enter model of automobile:
@104/@104/@104/@104 Enter body type:
2 door
4 door
Station Wagon
KEY IN VALUE
@105 Enter year of make:
@106 Enter vehicle identification number:
#2031 Will the CONSIGNOR insure the goods?
#2032/#2033 The CONSIGNOR will receive:
A flat fee
A commission of the sales price
#if#2032
!900 State the minimum sales price of the vehicle (in numerals):
!341 State the flat fee (in numerals):
#endif
#if#2033
!800 State the minimum sales price for the vehicle (in numerals):
@801 State the commission rate (in numerical form):
#endif
#2034 Will the funds from sales be required to be specially deposited?
#2035
#endif
#end control section
#2030
/* PARAGRAPH 2030: Consignment, car */
CONSIGNMENT SALES AGREEMENT
@001, referred to as OWNER, and @002, referred to a CONSIGNOR
agree:
@001 consigns to @002 the following described vehicle:
MAKE: @102
MODEL: @103
BODY TYPE: @104
YEAR: @105
VEHICLE IDENTIFICATION NUMBER: @106
The title to the same shall remain at all times until a bona-fide
sale in the owner of the consigned goods. OWNER may recall and
take possession of the consigned property at any time.
#2031
/* PARAGRAPH 2031: INSURANCE */
At all times CONSIGNOR has goods owned by @001 in its possession,
@002 shall, and at its expense, maintain multi-peril inventory
insurance in an amount equal to the value of the goods with @001
named as a loss payee on a long form loss payable clause. Should
CONSIGNOR fail to maintain such coverage, @001 may obtain the
same, and @002 shall upon presentation of an invoice therefor,
pay for the same on sight.
#2032
/*PARAGRAPH 2032: FLAT SUM DUE PER SALE */
The minimum sales price for the vehicle shall be $ @900 (!900
dollars.) From the net sales price, CONSIGNMENT merchant shall be
allowed a flat fee of $ @341 (!341 Dollars)
#2033
/* PARAGRAPH 2033: COMMISSION */
The minimum sales price for the vehicle shall be $ @800 (!800
dollars.) From the net sales price, CONSIGNMENT merchant shall be
allowed a commission of @801 percent of the net sales price.
#2034
/* PARAGRAPH 2034: TRUST */
The proceeds of the sale of the goods of owner shall be deposited
in a special escrow account and shall not be commingled with the
funds of @002, or the funds of others. The funds received shall be
deemed to be trust funds and shall be deemed to be held in trust
and for the sole benefit of @001. @002 is authorized, provided
that all accountings are timely filed and all sales proceeds have
been deposited to withdraw its commission from the account.
However, should any instruments accepted by @002 not be honored,
@002 shall remain liable to repay the same.
#2035
/* Close -- Para 2035 */
Dated:
FOR @001:
_______________________________________________
FOR @002:
_______________________________________________