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Vehicle Consignment Form
"I need a Vehicle Consignment Form for my luxury car dealership in Singapore that covers multiple vehicles and includes special provisions for test drives and international buyers, with additional security measures for high-value vehicles over $500,000."
1. Parties: Details of consignor (vehicle owner) and consignee (dealer/agent)
2. Background: Context of the consignment arrangement and reference to relevant Singapore legislation including Road Traffic Act and Consumer Protection Act
3. Definitions: Key terms used in the agreement including specific Singapore regulatory terms
4. Vehicle Details: Comprehensive description of the vehicle including registration number, make, model, year, and LTA-specific details
5. Consignment Terms: Duration, pricing, and commission structure for the consignment arrangement
6. Responsibilities: Obligations of both parties during consignment period, including compliance with Singapore regulations
7. Risk and Insurance: Allocation of risk and insurance requirements as per Singapore Motor Vehicles Act
8. Termination: Conditions for ending the agreement and associated procedures
1. Marketing Rights: Terms for advertising and promoting the vehicle, useful when specific marketing arrangements are needed
2. Maintenance: Vehicle maintenance arrangements during consignment, recommended for longer consignment periods
3. Test Drive Protocol: Rules and procedures for potential buyer test drives, including insurance and liability provisions
1. Schedule 1 - Vehicle Condition Report: Detailed inspection report of vehicle condition at time of consignment
2. Schedule 2 - Vehicle Documents: Copies of registration, insurance, and maintenance records including LTA documentation
3. Schedule 3 - Pricing Schedule: Agreed pricing structure and commission calculations
4. Schedule 4 - Photographs: Photographic documentation of vehicle condition at time of consignment
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