What is the VA Code 46.2 1530?

Buyer's order. A. Every motor vehicle dealer shall complete, in duplicate, a buyer's order for each sale or exchange of a motor vehicle.

Consignment Contract Sample For Car In Virginia

Q: What is the VA Code 46.2 1530?

Buyer&#039;s order. A. Every motor vehicle dealer shall complete, in duplicate, a buyer&#039;s order for each sale or exchange of a motor vehicle.

Category:

Contracts - Consignment

State:

Multi-State

Control #:

US-00461

Format:

Instant download

Description

The Consignment Contract Sample for Car in Virginia is a legal document that establishes the terms between a vehicle owner (Consignor) and an agent (Consignee) who will sell the vehicle on the owner's behalf. Key features of the contract include the ownership clause, ensuring that the Consignor has full rights to the vehicle without liens; a clear description of the consigned property; the terms of exclusivity, indicating whether the Consignee has exclusive selling rights; pricing terms, where the Consignor sets the selling price; and payment terms detailing when and how the Consignor will receive payment. Additional provisions cover liability for lost or damaged property, advertising rights, and termination conditions. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a structured template to ensure compliance with state laws and protect both parties' interests. Users can fill in specific details like payment percentages and consignment terms, making it adaptable to various situations in vehicle consignment sales in Virginia.

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FAQ

Consignment vehicles; contract. Any motor vehicle dealer offering a vehicle for sale on consignment shall have in his possession a consignment contract for the vehicle, executed and signed by the dealer and the consignor.

A consignment agreement is an agreement between a consignee and consignor for the storage, transfer, sale or resale and use of the commodity. The consignee may take goods from the consignment stock for use or resale subject to payment to the consignor agreeably to the terms bargained in the consignment agreement.

Operation without license plate prohibited.

For purposes of this section, a motor vehicle dealer licensed by the Board may be authorized to act as an agent of the Department for the purpose of receiving, processing, and approving applications from its customers for assignment of license plates and registration numbers pursuant to this section, using the forms ...

In the event the vehicle is found not to be in compliance with all safety inspection requirements, the dealer shall either take steps to bring it into compliance or shall furnish any buyer intending it for use on the public highway a written disclosure, prior to sale, that the vehicle did not pass a safety inspection.

Buyer's order. A. Every motor vehicle dealer shall complete, in duplicate, a buyer's order for each sale or exchange of a motor vehicle.

This kind of arrangement is called Consignment. Definition. The contract or an agreement of sending several goods by the producers or manufacturers of a place to their agents for the sale is known as a consignment. Types of Consignment. Outward Consignment. Inward Consignment. Consignment Processing. Sale. Features of a Sale.

A: A consignment agreement is a contract between two parties (a consignor and a consignee) that governs the relationship between those parties when goods are transferred.

Please provide full description of goods, number of packages, gross weight and consignment dimensions. Customer reference. You can enter any internal reference code that you would like to be printed on the invoice, with a maximum of 24 characters. Delivery address. Dutiable shipment details.