Consignment Form Template For Cars In Hennepin

State:
Multi-State
County:
Hennepin
Control #:
US-00461
Format:
Word; 
Rich Text
Instant download

Description

The Consignment Form Template for Cars in Hennepin is a legal document designed for the consignment of vehicles between an owner (Consignor) and a seller (Consignee). This template ensures that the Consignor retains ownership of the car until it's sold, allowing for clear communication about the sale conditions. Key features include a detailed description of the car, terms regarding exclusivity of the agreement, pricing guidelines, and payment timelines. Filling instructions emphasize the importance of providing accurate information regarding the car and understanding the payment terms associated with its sale. The form also addresses liability for loss or damage of the car during the consignment period, specifying the obligations of both parties. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it aids in facilitating lawful vehicle sales while protecting the rights and interests of the Consignor. The structured layout and clear terms make it accessible even to users with limited legal experience.
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FAQ

Consignment sales are a trade agreement in which one party (the consignor) provides goods to another party (the consignee) to sell. However, the consignee has the right to return unsold goods back to the consigner.

Oregon does not have a Lemon Law that applies to used cars, however you may still qualify for protection under other laws such as the Federal Trade Commission's “Used Car Rule” and Oregon's Uniform Commercial Code through circumstances such as: The dealer did not indicate the sale of a vehicle was “as-is”

A dealer plate may be used on a vehicle that is owned or controlled by the dealer. The plate must be displayed on the rear of the vehicle. When a dealer plate is used on a consignment vehicle, a copy of the consignment agreement must be in the vehicle.

If the buyer does not sign the title and mail or give it to DVS, then the seller's name stays on the title of the car. If the buyer doesn't transfer the title within 10 days, the car's registration is suspended.

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Consignment Form Template For Cars In Hennepin