In this form, the Buyer is assuming the indebtedness on a loan used to purchase a vehicle. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Conditional Agreement For Surrender
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How to fill out Conditional Sales Agreement Of Automobile Between Individuals And Assumption Of Outstanding Indebtedness?
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Definition of surrender (Entry 1 of 2) transitive verb. 1a : to yield to the power, control, or possession of another upon compulsion or demand surrendered the fort. b : to give up completely or agree to forgo especially in favor of another. 2a : to give (oneself) up into the power of another especially as a prisoner.
Letter of surrender means a public letter accepted by the Board in which the licensee agrees to surrender the license to practice social work.
In common law, surrender is the term describing a situation where a tenant gives up possession of property held under a tenancy as a result of which the tenancy ends. A surrender differs from an eviction on the question of mutual agreement.
Also known as a surrender and acceptance agreement or a lease termination agreement. In a leasing context, an agreement between the landlord and the tenant canceling a lease agreement before the expiration date.
To surrender is defined as to give up control of something or to give something up to another. An example of to surrender is for someone to turn themselves into the police if they have done something wrong. An example of to surrender is a mother giving up her baby to be adopted.
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The case also concerned the effect of an express condition precedent of the surrender agreement that the Tenant should pay "all money due". Reviewed a conditional surrender situation involving a child in the Bronx.Successfully completed the Contract; and. Conditional Surrender of Lease. Operations Division. On August 10, 1945, Japan offered to surrender to the Allies, the only condition being that the emperor be allowed to remain the nominal head of state.