Mandatory Disclosures

The Lemon Law Statute entitles a problem car's owner to a comparable replacement car or a refund of the purchase price (which is prorated according to miles driven).

The Seller is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation as set forth in Schedule 2, with all requisite corporate power and authority to own, operate and lease its properties, and to carry on its business as now being conducted. The Seller is duly qualified to do business and is in good standing in each jurisdiction where the conduct of its business or the ownership of its property requires such qualification. The jurisdictions in which the Seller is qualified to do business are set forth in Schedule 2 hereto.

Following the estimate I obtained from the Miracle Workers yesterday, I understand that per Nebraska Department of Motor Vehicle law, a car is considered a total loss if the estimated total cost of repair to restore the car to its condition immediately prior to an accident exceeds 75% of the retail value of the vehicle at the time it was damaged. I researched on the value of my car from various websites including Kelly Blue Book and discovered the value is between $9,500-10,500. The repair estimate ended up totaling approximately 87% of the current market value. By law, my car is considered a total loss.

Guarantee the Genuine Estimation of Your Car In the event that your car is worth $15,000 your insurance approach ought to cover $15,000. In the event that you assess your car estimation at $20,000 and it's worth $15,000 you just get $15,000 back on the off chance that it's totaled. In any case, you pay a higher premium. So don't claim your car is in great condition in the event that it's in normal condition. 11.

Contractual capacity: Contractual capacity is required for parties entering a contract. For instance, minors can’t normally enter a contract.

| |agreement and a full contract for sale prepared beforehand. I have to advice Andy that he needs to include all documents | |

Many people are unaware that when they purchase a utilized car there are some important steps that ought to be taken before making their buy such as whether a car has been an accident, stolen, flood or storm damage, or whether the odometer readings are accurate.

However, deciding on what is fair pay for fair work is not always easy, so if the repair shop manager is less than cooperative, you have the right to get a second, and even a third opinion on the matter. Nonetheless, you cannot, and should not refuse to pay anything, because the shop can have a mechanic’s lien on your vehicle. If this is the case, you will almost certainly find yourself without a car if the repair shop enforces the lien, which is another way the repair shop manager has of saying, “No money, no car, no matter how badly we messed up”.

Although for the sake of convenience the defined terms “Seller” and “Buyer” are used here, consider changing the defined terms to the names of the parties (or a shortened form of their names) so as to avoid any potential confusion regarding the parties’ intention that this agreement does not create a binding contract for the sale of the business.

Very few sellers of automobiles have a rock solid organized history from the day the vehicle was purchased, but now you will. If you sell the automobile to a private party you 'll be able to instill a level of confidence that your competition will not. Even if you decide to trade the vehicle at a dealership they will have to consider these records into the value of the trade.

I took the car to my uncle who’s a mechanic. He advised me that the car had a lot of miles, and had been fixed after multiple accidents. I checked the VIN history, and learned that the car had over 90,000 miles on it. The car had been in an accident and rebuilt. That is a fact that was not disclosed to me.

California, Connecticut, Maryland, Virginia, and Wisconsin currently require that car makers contact customers to notify them of such warranties.

So, it 's important that the offer which you make contains all the items that will serve as a "blueprint” for the final sale but also any agreement made without consideration is considered as void.

Buying a used car is a bit different than buying a new car. You're still looking at safety ratings to make sure you're getting the best model, but previously owned vehicles could have a host of problems that the owner didn't fix in a timely manner. An inspection can reveal whether a car is mechanically unfit to drive or if it's going to need more repairs than you're

3.1 No agent may sell a property unless he has a signed mandate from the seller to do so.