If your agency opts to sell the vehicles, the vehicles must be advertised publicly as noted above and proof of advertisement must be retained, with a copy. Disposal Process for Vehicle Sales: Written Notice of Intent.Subrecipient agency must complete and submit a vehicle disposal request form. In this policy assets include properties (of any tenure or use e.g. , residential, commercial, offices and garages), as well as land. Refer to Appendix N for a sample of the Capital Asset Internal Sale Input form (No. MLFA-. 006). Examples of Asset Sales​​ Here's an example of how an asset sale works: Jem and Rio are the spouse co-owners of Hologram Gym. The sale of assets to the phoenix company should be at a Chartered Surveyors market valuation. The purpose of the certificate is to document tax-exempt transactions with qualified purchasers.