[{"data":1,"prerenderedAt":524},["ShallowReactive",2],{"document-motor-vehicle-conveyance-D1150":3},{"document":4,"label":23,"preview":11,"thumb":24,"thumb600":25,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":26,"breadcrumb":30,"related":38,"customDescModule":179,"customdescription":6,"mdFm":180,"mdProseHtml":523},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":15,"keywords":22},"MOTOR VEHICLE CONVEYANCE This Motor Vehicle Conveyance (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Vendor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS: Vendor and Purchaser have entered into a portfolio purchase agreement dated as of [DATE], (the \"Purchase Agreement\") pursuant to which Vendor agreed to sell to Purchaser, and Purchaser agreed to purchase from Vendor, all of Vendor's right, title and interest in and to the Performing Leases including all payments thereunder, all equipment leased thereby and all rights and remedies thereunder, or under any agreement or arrangement facilitating or securing the performance by lessees thereunder, those assets being more particularly defined as the \"Portfolio\" in the Purchase Agreement, all on the terms and subject to the conditions set forth in the Purchase Agreement. This Motor Vehicle Conveyance is intended to constitute a conveyance of all of the motor vehicles to be purchased and sold pursuant to the Purchase Agreement. Purchaser is duly registered for purposes of [COUNTRY/STATE/PROVINCE] sales tax under the [ACT/CODE/RULE] under number [NUMBER]. IN CONSIDERATION of the completion of the transactions contemplated by the Purchase Agreement, the mutual covenants in this agreement and in the Purchase Agreement and of other good and valuable consideration (the receipt and sufficiency of which are acknowledged by each of the parties), the parties agree as follows: DEFINITIONS Each capitalized term used in this Motor Vehicle Conveyance shall have the meaning ascribed to it in the Purchase Agreement unless it is otherwise defined herein. CONVEYANCE OF PURCHASED ASSETS Conveyance Subject to the provisions of the Purchase Agreement, Vendor hereby absolutely sells, grants, assigns, transfers, conveys, sets over and delivers to Purchaser all of its right, title and interest in and to all of the motor vehicles forming part of the Equipment, including, without limitation, the motor vehicles referred to in Schedule \"A\" hereto (the \"Motor Vehicles\"), and Purchaser accepts such sale, grant, assignment, transfer, conveyance and delivery, with effect as of and from the Effective Time. Purchaser shall have and hold the Motor Vehicles, and all right, title and interest of Vendor therein and thereto, to and for the use and sole benefit of Purchaser and its successors and assigns. Further Assurances Notwithstanding that Vendor may have executed and delivered to Purchaser certain other documents and instruments of conveyance in addition to this Motor Vehicle Conveyance, Vendor shall do such acts and shall execute such further documents, conveyances, deeds, assignments, transfers and the like, and will cause the doing of such acts and will cause the execution of such further documents as are within its power, as Purchaser may in writing at any time and from time to time reasonably request be done and/or executed in order to give full effect to the provisions of this Motor Vehicle Conveyance, including, without limitation, the proxy form annexed hereto as Schedule [SPECIFY]. TITLE TO PORTFOLIO Assignment Incomplete If this Motor Vehicle Conveyance, or any other transfers or conveyances which may from time to time be executed and delivered by Vendor, fails to convey to Purchaser all or any part of the Motor Vehicles intended to be transferred pursuant to the Purchase Agreement, Vendor agrees to hold such part of the Motor Vehicles in trust for Purchaser to convey, assign and transfer the same at its expense to Purchaser as may from time to time direct. Ownership of Motor Vehicles Subject to the provisions of the Purchase Agreement, Vendor hereby covenants and agrees with Purchaser that, immediately prior to the execution and delivery of this Motor Vehicle Conveyance, Vendor is rightfully and absolutely possessed of and entitled to the Motor Vehicles, subject only to the rights of Lessees to quiet enjoyment under the Leases so long as no event of default occurs under such Leases, and has good right, title in and authority to sell, transfer, assign and deliver the Motor Vehicles to Purchaser in accordance with the terms of the Purchase Agreement",null,"Motor Vehicle Conveyance","5",56,"doc","https://templates.business-in-a-box.com/imgs/1000px/motor-vehicle-conveyance-D1150.png","https://templates.business-in-a-box.com/imgs/250px/1150.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1150.xml",{"title":6,"description":6},[16,19],{"label":17,"url":18},"Production & Operations","/templates/production-operations/",{"label":20,"url":21},"Equipment Agreement","/templates/equipment-agreement/","motor vehicle conveyance","Motor Vehicle Conveyance Template","https://templates.business-in-a-box.com/imgs/400px/1150.png","https://templates.business-in-a-box.com/imgs/600px/1150.png",[27,16,19],{"label":28,"url":29},"Templates","/templates/",[31,32,35],{"label":28,"url":29},{"label":33,"url":34},"Legal Agreements","/templates/business-legal-agreements/",{"label":36,"url":37},"Transfers Terminations & Releases","/templates/transfers-terminations-and-releases/",[39,43,47,51,55,59,63,68,72,76,80,84,88,105,120,136,151,167],{"label":40,"url":41,"thumb":42,"extension":10},"Bill of Sale for a Motor Vehicle","/template/bill-of-sale-for-a-motor-vehicle-D1132","https://templates.business-in-a-box.com/imgs/250px/1132.png",{"label":44,"url":45,"thumb":46,"extension":10},"Board Resolution to Lease Motor Vehicle","/template/board-resolution-to-lease-motor-vehicle-D69","https://templates.business-in-a-box.com/imgs/250px/69.png",{"label":48,"url":49,"thumb":50,"extension":10},"Company Vehicle Policy","/template/company-vehicle-policy-D12630","https://templates.business-in-a-box.com/imgs/250px/12630.png",{"label":52,"url":53,"thumb":54,"extension":10},"Vehicle Fleet Policy","/template/vehicle-fleet-policy-D13797","https://templates.business-in-a-box.com/imgs/250px/13797.png",{"label":56,"url":57,"thumb":58,"extension":10},"Deed Of Conveyance","/template/deed-of-conveyance-D12693","https://templates.business-in-a-box.com/imgs/250px/12693.png",{"label":60,"url":61,"thumb":62,"extension":10},"Policy Letter on Vehicle Expense Reimbursement","/template/policy-letter-on-vehicle-expense-reimbursement-D723","https://templates.business-in-a-box.com/imgs/250px/723.png",{"label":64,"url":65,"thumb":66,"extension":67},"Vehicle Mileage Log","/template/vehicle-mileage-log-D314","https://templates.business-in-a-box.com/imgs/250px/314.png","xls",{"label":69,"url":70,"thumb":71,"extension":10},"Vehicle Lease Agreement","/template/vehicle-lease-agreement-D12694","https://templates.business-in-a-box.com/imgs/250px/12694.png",{"label":73,"url":74,"thumb":75,"extension":10},"Vehicle Service Agreement","/template/vehicle-service-agreement-D14077","https://templates.business-in-a-box.com/imgs/250px/14077.png",{"label":77,"url":78,"thumb":79,"extension":10},"Vehicle Maintenance Log","/template/vehicle-maintenance-log-D13893","https://templates.business-in-a-box.com/imgs/250px/13893.png",{"label":81,"url":82,"thumb":83,"extension":10},"Vehicle Use Agreement","/template/vehicle-use-agreement-D13798","https://templates.business-in-a-box.com/imgs/250px/13798.png",{"label":85,"url":86,"thumb":87,"extension":10},"General Conveyance Agreement Moveable & Immoveable","/template/general-conveyance-agreement-moveable-immoveable-D332","https://templates.business-in-a-box.com/imgs/250px/332.png",{"description":89,"descriptionCustom":6,"label":90,"pages":91,"size":92,"extension":10,"preview":93,"thumb":94,"svgFrame":95,"seoMetadata":96,"parents":97,"keywords":103,"url":104},"Asset Purchase Agreement Prepared By: Your Name Job Title Phone 555.555.5555 Email info@yourbusiness.com www.yourbusiness.com TABLE OF CONTENTS Pages 1 - INTERPRETATION 6 1.1 Definitions 6 Extended Meanings 9 1.3 Interpretation Not Affected by Headings 9 1.4 Applicable Law 9 1.5 Funds 9 1.6 Financial Documents 9 1.7 Invalidity 10 1.8 Business Day 10 1.9 Preamble 10 2 - PURCHASED ASSETS 10 2.1 Purchased Assets 10 2.2 Excluded Assets 11 2.3 Leases and Retention of Ownership Agreements 12 2.4 Removal of Purchased Assets 12 2.5 Forward Commitments 12 2.6 Assets Used in the Business 12 3 - PURCHASE AND SALE 12 3.1 Purchase Price 12 3.2 Default 13 3.3 Balance of Price 13 3.4 Allocation of the Purchase Price 13 3.5 No Assumption of Liabilities 13 3.6 Payment of Taxes 14 3.7 Adjustments 14 3.8 Net Worth Adjustment 14 3.9 Disagreement Regarding Adjustment of Purchase Price 14 3.10 Escrow of Purchase Price 14 4 - CLOSING AND CONDITIONS PRECEDENT TO THE SALE 15 4.1 Closing Date 15 4.2 Conditions Precedent to Closing in Favor of the Purchaser 15 4.2.1 Corporate Authorization 15 4.2.2 Statements 15 4.2.3 Truth of Representations and Warranties 15 4.2.4 Compliance with Terms and Conditions 15 4.2.5 Governmental Approvals 16 4.2.6 Approval of Purchaser's Counsel 16 4.2.7 Prohibited Actions 16 4.2.8 Delivery of Documents and Title Deeds 16 4.2.9 Legal Opinion of Seller's Counsel 16 4.2.10 Non-Competition Agreements 16 4.2.11 Residence 16 4.2.12 Bulk Sale Affidavit 17 4.2.13 Tax Election Form 17 4.2.14 Powers of Attorney 17 4.2.15 Consents 17 4.2.16 Due Diligence 17 4.2.17 No Substantial Damage or Adverse Change 17 4.2.18 No Adverse Legislation 17 4.2.19 Delivery of Documents 17 4.3 Conditions Precedent to Closing in Favor of the Seller 18 4.3.1 Letter of Credit 18 4.3.2 Truth of Representations and Warranties 18 4.3.3 Compliance with Terms and Conditions 18 4.3.4 Legal Opinion of Purchaser's Counsel 18 4.4 Risk of Loss 18 4.5 Notification 19 5 - REPRESENTATIONS AND WARRANTIES OF THE SELLER AND THE PURCHASER 19 5.1 Representations and Warranties of Seller 19 5.1.1 Due Incorporation and Qualification to Carry on Business 19 5.1.2 Binding Nature 19 5.1.3 Title of Assets 19 5.1.4 Options, Commitments 20 5.1.5 No Violation 20 5.1.6 Books and Records 20 5.1.7 Business Conducted in Ordinary Course 20 5.1.8 Leases 21 5.1.9 Uses 21 5.1.10 Work Orders 21 5.1.11 Litigation 22 5.1.12 Proprietary Rights 22 5.1.13 Infringement of Proprietary Rights 22 5.1.14 Compliance with Laws 22 5.1.15 Employment Agreements 23 5.1.16 Labour Unions 23 5.1.17 Labour Practices 23 5.1.18 Pension Plans 23 5.1.19 Restrictive Documents 24 5.1.20 Outstanding Long Term Indebtedness 24 5.1.21 Outstanding Guarantees 24 5.1.22 Insurance 24 5.1.23 Taxes 24 5.1.24 Withholdings 25 5.1.25 Condition of Purchased Assets 25 5.1.26 Clients and Supplies 25 5.1.27 Vacation Pay 25 5.1.28 Residence 25 5.1.29 Knowledge 25 5.1.30 Liabilities 26 5.1.31 Inventories 26 5.1.32 Financial Statements 26 5.1.33 Absence of Certain Developments 26 5.1.34 No Material Adverse Change 27 5.1.35 Other Agreements 27 5.1.36 Environmental Matters 28 5.1.37 Reliance 29 5.1.38 Evidence 29 5.1.39 Standard of Conduct 29 5.2 Representations and Warranties of the Purchaser 29 5.2.1 Due Incorporation 29 5.2.2 Binding Nature 29 5.2.3 No Violation 29 5.3 Survival 30 5.4 Indemnification of the Purchaser 30 5.5 Warranty Work 30 6 - EMPLOYEES 31 6.1 List of Non-Unionized Employees 31 6.2 Employment to Non-Unionized Employees 31 6.3 Claims by Non-Unionized Employees 31 6.4 Pension Plan for Employees 31 6.5 Assumption of Collective Agreement 32 6.6 List of Unionized Employees 32 6.7 Offers to Unionized Employees 32 6.8 Short Term and Long Term Disability 33 6.9 Benefit Plans 33 7 - MUTUAL COOPERATION 33 7.1 Conduct of Business Prior to Closing 33 (a) Conduct Business in Ordinary Course 33 (b) Continue Insurance 33 (c) Perform Obligations 33 7.2 Access for Investigation Prior to Closing 33 7.3 Actions to Satisfy Closing Conditions 34 7.4 Transfer of Purchased Assets 34 7.5 Assistance in Judicial Claims 35 7.6 Collection of Receivables 35 7.7 Accounts Receivable 35 7.8 Differentiation of Products 36 8 - MISCELLANEOUS 36 8.1 Successors and Assigns 36 8.2 Brokers 36 8.3 Legal Fees 36 8.4 Public Announcement 36 8.5 Entire Agreement 36 8.6 Notices 37 8.7 Time of Essence 37 8.8 Counterparts 37 9 - GUARANTEE 37 9.1 Intervention of the Guarantor 37 9.2 Indulgence 38 9.3 Disability of Purchaser 38 ASSET PURCHASE AGREEMENT This Asset Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [FIRST PART] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [SECOND PART] (the \"Seller\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Seller carries on the business of [NUMBER] WHEREAS the Seller has agreed to sell and the Purchaser has agreed to purchase certain assets relating to the Business upon the terms and conditions set forth in this Agreement. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND AGREEMENTS HEREIN CONTAINED AND OTHER GOOD AND VALUABLE CONSIDERATION, THE [COMPANY NAME] HERETO AGREE AS FOLLOWS: INTERPRETATION Definitions Unless the subject matter or context otherwise requires: \"Affiliate\" has the meaning ascribed to the term \"affiliated corporations\" in the [COUNTRY Business Corporations Act]. \"Associate\" has the meaning ascribed to the term \"associate\" in the [COUNTRY Business Corporations Act]. \"Balance of Price\" has the meaning ascribed thereto in Section 3.1.2. \"Books and Records\" means any books and records (originals or copies thereof) of Seller relating exclusively to the Business including, without limitation, books and records relating to the purchase materials and supplies, the manufacture, assembly and processing of products, sales of products, dealings with customers and franchises, invoices, customer lists, mailing lists, suppliers lists, trademarks and trade names, financial records, personnel records (to the extent permitted by law) and taxes (excluding Seller's income tax and other tax records unrelated to the Business).","Asset Purchase Agreement","37",259,"https://templates.business-in-a-box.com/imgs/1000px/asset-purchase-agreement-D928.png","https://templates.business-in-a-box.com/imgs/250px/928.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#928.xml",{"title":6,"description":6},[98,100],{"label":33,"url":99},"business-legal-agreements",{"label":101,"url":102},"Purchase & Sale Agreements","purchase-sale-agreement","asset purchase agreement","/template/asset-purchase-agreement-D928",{"description":106,"descriptionCustom":6,"label":107,"pages":108,"size":109,"extension":10,"preview":110,"thumb":111,"svgFrame":112,"seoMetadata":113,"parents":114,"keywords":118,"url":119},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[115],{"label":116,"url":117},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":121,"descriptionCustom":6,"label":122,"pages":123,"size":124,"extension":10,"preview":125,"thumb":126,"svgFrame":127,"seoMetadata":128,"parents":130,"keywords":129,"url":135},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3",513,"https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":129,"description":6},"non disclosure agreement nda",[131,132],{"label":33,"url":99},{"label":133,"url":134},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":137,"descriptionCustom":6,"label":138,"pages":139,"size":124,"extension":10,"preview":140,"thumb":141,"svgFrame":142,"seoMetadata":143,"parents":145,"keywords":144,"url":150},"PARTNERSHIP AGREEMENT This Partnership Agreement (\"Agreement\") is made and effective this [Date], BETWEEN: [YOUR COMPANY NAME] (the \"First Partner\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTNER NAME] (the \"Second Partner\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS Partners desire to join together for the pursuit of common business goals. Partners have considered various forms of joint business enterprises for their business activities. Partners desire to enter into a partnership agreement as the most advantageous business form for their mutual purposes. The parties hereto agree to form a limited partnership (the \"Partnership\") under [LAW, CODE OR ACT]. In consideration of the mutual promises contained in this agreement, partners agree as follows: NAME AND DOMICILE The name of the partnership shall be [name]. The principal place of business shall be at [address], [city], [state/province], unless relocated by consent of the partners. Purposes Subject to the limitations set forth in this Agreement, the purposes of the Partnership are to engage in the business of [DESCRIBE ACTIVITIES]; and to conduct other activities as may be necessary or incidental to or desirable in connection with the foregoing. DURATION OF AGREEMENT The term of this agreement shall be for [number] years, commencing on [date], and terminating on [date], unless sooner terminated by mutual consent of the parties or by operation of the provisions of this agreement. CLASSIFICATION AND PERFORMANCE BY PARTNERS Partners shall be classified as active partners, advisory partners, or estate partners. An active partner may voluntarily become an advisory partner, may be required to become one irrespective of age, and shall automatically become one after attaining the age of [age] years, and in each case shall continue as such for [number] years unless the partner sooner withdraws or dies. If an active partner dies, the partner's estate will become an estate partner for [number] years. If an advisory partner dies within [Number] years of having become an advisory partner, the partner will become an estate partner for the balance of the [number]-year period. Only active partners shall have any vote in any partnership matter. At the time of the taking effect of this partnership agreement, all the partners shall be active partners except [name] and [name], who shall be advisory partners. An active partner, after attaining the age of [age] years, or prior to that age if the [executive committee or as the case may be] with the approval of [two-thirds or as the case may be] of all the other active partners determines that the reason for the change in status is bad health, may become an advisory partner at the end of any calendar month on giving [number] calendar months' prior notice in writing of the partner's intention to do so. The notice shall be deemed to be sufficient if sent by registered mail addressed to the partnership at its principal office at [address], [city], [state/province] not less than [number] calendar months prior to the date when the change is to become effective. Any active partner may at any age be required to become an advisory partner at any time if the [executive committee or as the case may be] with the approval of [two-thirds or as the case may be] of the other active partners shall decide that the change is for any reason in the best interests of the partnership, provided notice of the decision shall be given in writing to the partner. The notice shall be signed by the [chairman or as the case may be] of the [executive committee or as the case may be] or, in the event of his or her being unable to sign at the time, by another member of the [executive committee or as the case may be]. The notice shall be served personally on the partner required to change his or her status or mailed by registered mail to the partner's last known address. Change of the partner's status shall become effective as of the date specified in the notice. Every active partner shall automatically and without further act become an advisory partner at the end of the fiscal year in which the partner's birthday occurs. In the event that an active partner becomes an advisory partner or dies, the partner or the partner's estate shall be entitled to the following payments at the following times: [describe] Each active partner shall apply all of the partner's experience, training, and ability in discharging the partner's assigned functions in the partnership and in the performance of all work that may be necessary or advantageous to further the business interests of the partnership. CONTRIBUTION Each partner shall contribute [amount] on or before [date] to be used by the partnership to establish its capital position. Any additional contribution required of partners shall only be determined and established in accordance with Article Nineteen. MANAGEMENT OF THE PARTNERSHIP The Partnership shall be managed by [SPECIFY]. Subject to the limitations specifically contained in this Agreement, [PARTY MANAGING THE PARTNERSHIP] shall have the full, exclusive and absolute right, power and authority to manage and control the Partnership and the property, assets and business thereof. [PARTY MANAGING THE PARTNERSHIP] shall have all of the rights, powers and authority conferred by law or under other provisions of this Agreement. Without limiting the generality of the foregoing, such powers include the right on behalf of the Partnership, in [PARTY MANAGING THE PARTNERSHIP]' sole discretion, to: Acquire, purchase, renovate, improve, and own any property or assets necessary or appropriate or in the best interests of the business of the Partnership, and to acquire options for the purchase of any such property; Borrow money, issue evidences of indebtedness in connection therewith, refinance, increase the amount of, modify, amend or change the terms of, or extend the time for the payment of, any indebtedness or obligation of the Partnership, and secure such indebtedness by mortgage, deed of trust, pledge or other lien on Partnership assets; Sue on, defend or compromise any and all claims or liabilities in favor of or against the Partnership and to submit any or all such claims or liabilities to arbitration; File applications, communicate and otherwise deal with any and all governmental agencies having jurisdiction over, or in any way affecting, the Partnership's assets or any part thereof or any other aspect of the Partnership business; Retain services of any kind or nature in connection with the Partnership business, and to pay therefore such remuneration deem reasonable and proper; and Perform any and all other acts deem necessary or appropriate to the Partnership business. TRANSFER OF PARNERSHIP INTERESTS Restrictions on Transfer None of the Partners shall sell, assign, transfer, mortgage, encumber, or otherwise dispose of the whole or part of that Partner's interest in the Partnership, and no purchaser or other transferee shall have any rights in the Partnership as an assignee or otherwise with respect to all or any part of that Partnership interest attempted to be sold, assigned, transferred, mortgaged, encumbered, or otherwise disposed of, unless and to the extent that the remaining Partner(s) have given consent to such sale, assignment, transfer, mortgage, or encumbrance, but only if the transferee forthwith assumes and agrees to be bound by the provisions of this Agreement and to become a Partner for all purposes hereof, in which event, such transferee shall become a substituted partner under this Agreement.","Partnership Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/partnership-agreement-D12551.png","https://templates.business-in-a-box.com/imgs/250px/12551.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12551.xml",{"title":144,"description":6},"partnership agreement",[146,147],{"label":33,"url":99},{"label":148,"url":149},"Partnership Agreements","partnership-agreement","/template/partnership-agreement-D12551",{"description":152,"descriptionCustom":6,"label":153,"pages":154,"size":155,"extension":10,"preview":156,"thumb":157,"svgFrame":158,"seoMetadata":159,"parents":160,"keywords":165,"url":166},"EQUIPMENT LEASE AGREEMENT This Equipment Lease Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Lessor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Lessee\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH that in consideration of the mutual covenants and agreements to be performed and kept during the terms hereof and of any renewal, the Lessor and the Lessee covenant and agree as follows: LEASE The Lessor hereby leases to the Lessee and the Lessee hereby leases from the Lessor the equipment described in [SPECIFY SCHEDULE] and in all other Schedules which may hereafter be executed by the [COMPANY NAME] for the purpose of adding equipment thereto, which equipment including all original and replacement items, parts, accessories, and additions relating thereto is hereafter called the \"Equipment\". EQUIPMENT DESCRIPTION The Lessee authorizes the Lessor to complete the description of the Equipment in [SPECIFY SCHEDULE] with the insertion of serial numbers and other details specifically identifying the Equipment, such schedule to be signed by both parties hereto and form part of this Lease. WARRANTIES BY LESSEE & LESSOR The Lessee and Lessor each represents and warrants that it has the power to enter into this lease, and that this lease is properly and lawfully authorized and executed by it. LESSOR'S WARRANTIES Lessor and Lessee acknowledge that there are no other warranties, conditions, terms, representations of inducements expressed or implied statutory or otherwise, save as are expressly contained in this lease. Lessor warrants that the equipment shall be delivered to the Lessee in accordance with the specifications contained in [SPECIFY SCHEDULE]. The Lessor makes no representations with respect to the suitability of the equipment to the Lessee's operations. Lessor's warranties shall not extend to any party assigned this Lease by Lessor pursuant to Clause [NUMBER] herein. WARRANTIES BY MANUFACTURERS Any warranties, conditions or guarantees by the manufacturers or suppliers of the Equipment are theirs alone and not the Lessor's but are for the joint and several benefit of and enforcement by the Lessee and the Lessor. Any claims of the Lessee in connection with manufacturer's warranties, conditions or guarantees shall be made directly by the Lessor (but not Lessor's assignee) on behalf of the Lessee against the manufacturer or supplier only. TITLE The Lessor covenants that it has good titles to the Equipment and the Lessee acknowledges the Lessor's ownership of and title to the Equipment and covenants to defend the same against any contrary claim. TERM The term of this lease with respect to each piece of Equipment shall commence on the date of acceptance thereof by the Lessee in accordance with Clause [NUMBER] herein and shall continue for the term specified in [SPECIFY SCHEDULE] hereto. Rental payments with respect to each piece of Equipment shall commence and accrue due to the Lessor on such date of acceptance of such piece of Equipment by the Lessee. POSSESSION, LOCATION The Lessee shall take and, when not in default hereunder, retain exclusive control of the Equipment from the Lessee's location shown on [SPECIFY SCHEDULE]. The Lessee shall not change such location without the Lessor's prior written consent, which will not be unreasonably withheld. PERSONAL PROPERTY, LANDLORD'S DISTRESS The Equipment is and shall remain personal and moveable property. The Lessee shall not affix the Equipment nor permit it to be affixed so that it becomes part of realty and shall notify the Lessee's, Landlords, mortgagees, insurers and all others who may have an interest in or claim against the premises where the Equipment is to be located. Any removal from such premises shall be at the Lessee's risk and expense. IDENTIFICATION PLATES The Lessor may affix plates, tags or markings to the Equipment showing its interest therein, and the Lessee may display its name and such other information as may reasonably promote its business, such Lessee's markings shall be mutually approved by the parties. All Lessee's markings must be removed by the Lessee upon termination of the lease. ORDER, DELIVERY, INSTALLATION Order and delivery and installations of the Equipment shall be entirely at the Lessor's risk and expense and shall be arranged by the Lessor on behalf of the Lessee in a manner and upon terms and conditions according to the Lessee's written instructions and, to the extent of such instructions are not provided for, according to the Lessor's sole discretion but still at the Lessor's risk and expense. The Lessor shall not be responsible for any costs, losses or damages suffered by the Lessee arising out of or in connection with delays in or refusal to accept delivery of equipment. INSPECTION The Lessee shall inspect the equipment prior to delivery and accept or reject it. Notice of rejections shall be received in writing within [NUMBER] hours by the Lessor and in the absence thereof, the Lessee shall be deemed conclusively to have accepted the Equipment. Rejection shall only occur if the equipment is not in accordance with the specifications contained in [SPECIFY SCHEDULE] or as the result of faulty materials or workmanship. RE-DELIVERY, REMOVAL AT TERMINATION Upon termination of this lease for any reason, the Lessee shall deliver the Equipment entirely at its own expense to an address as designated by the Lessor in the same condition as received, reasonable wear and tear from proper use only accepted, within [NUMBER] days of the date of termination. Brakes and tires will show no more than [PERCENTAGE %] wear for each year of the Lease has elapsed and the trailers must have all signage and customer specified paint removed and returned to a white color. All damages from accident and abuse must be repaired prior to the termination of the Lease in a manner approved by the Lessor. RENT: OTHER PAYMENTS: NO SET-OFF The Lessee shall pay to the Lessor rental in the amount and at the times shown in Schedule \"A\" hereto. The Lessee shall pay to the Lessor on demand all other amounts becoming payable hereunder. The Lessee shall make such payments to the Lessor at the address of the Lessor shown above or as otherwise designated by the Lessor, without any set-off or reduction whatsoever for claims the Lessee may assert against the Lessor. Any payment not paid by the due date shall bear interest thereafter at [PERCENTAGE %] per month. UNCONDITIONAL PAYMENT Lessee's obligation to pay rent and other amounts hereunder shall be absolute and unconditional under all circumstances and without limiting the generality of the foregoing, shall not be affected by the following: Failure of the Equipment to perform in the manner expected by the Lessee. Damage to or destruction of the Equipment so that it is either completely beyond repair or partially so and whether or not it is economically justifiable to repair. Theft of the Equipment or part thereof irrespective of whether the Equipment was insured by the Lessee or the Equipment is uninsured. Seizure of the Equipment by a third party (including landlord or mortgages of the premises on which the Equipment is located). USE: MAINTENANCE: REPAIR The Lessee shall comply with all applicable laws, rules and regulations of government or other authority, with all manufacturer's and Lessor's published operation and maintenance instructions and specifications, and with all terms of any insurance policy in connection with the Equipment. The Lessor may inspect the state of repair of the Equipment at any reasonable time. ALTERATIONS ETC. TO EQUIPMENT","Equipment Lease Agreement","7",71,"https://templates.business-in-a-box.com/imgs/1000px/equipment-lease-agreement-D1140.png","https://templates.business-in-a-box.com/imgs/250px/1140.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1140.xml",{"title":6,"description":6},[161,163],{"label":17,"url":162},"production-operations",{"label":20,"url":164},"equipment-agreement","equipment lease agreement","/template/equipment-lease-agreement-D1140",{"description":168,"descriptionCustom":6,"label":169,"pages":108,"size":124,"extension":10,"preview":170,"thumb":171,"svgFrame":172,"seoMetadata":173,"parents":175,"keywords":174,"url":178},"SERVICE AGREEMENT This SERVICE AGREEMENT (\"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME] (the \"Contractor\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Customer\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] (The Contractor and the Customer shall be individually referred to as a \"Party\" and collectively referred to as the \"Parties\", as the context may require). WHEREAS A. Contractor has experience and expertise in [DESCRIBE EXPERIENCE AND SERVICE]. B. Customer desires to have Contractor provide services for them. C. Contractor desires to provide services to Customer on the terms and conditions set forth herein (the \"Services\"). NOW THEREFORE, in consideration of the above recitals, the representations, warranties, and agreements contained in this Agreement and for other good and valuable consideration, the receipt and adequacy of which are now acknowledged, the Parties agree as follows: SERVICES PROVIDED Beginning on upon agreement to this contract, [CONTRACTOR] will provide to [CUSTOMER] the following service (collectively, the /Services\"): Description of the project: [DESCRIBE THE SERVICE REQUIRED]. SCOPE OF WORK Contractor agrees to provide Services pursuant to the Scope of Work set forth in Exhibit A attached hereto (the \"Scope of Work\"). TERM Unless both parties mutually agree on an extension, this contract will automatically terminate on [SPECIFY]. PERFORMANCE The parties agree to do everything possible to ensure that the terms of this Agreement take effect. PAYMENT FOR SERVICES In exchange for the Services rendered, a payment of [SPECIFY] will be made to the Contractor upon completion of the scheduled Services described in this Contract. If an invoice is not paid on the due date, interest will be added to the current balance. These amounts shall be payable, and the Customer shall pay all overdue amounts at the lesser of [SPECIFY] per cent per annum or the maximum percentage permitted by applicable law. Or Customer will pay Contractor as follows: [SPECIFY]. DELIVERY OF SERVICES The Contractor will exercise due diligence in the provision of services. However, the Customer acknowledges that the indicated delivery times and other payment milestones listed in Scope of Work are estimates and do not constitute final delivery dates. SECURITY The Contractor must make reasonable security arrangement to protect Material from unauthorized access, collection, use, alteration or disposal. OWNERSHIP RIGHT The Customer shall hold the copyright for the agreed version of the Services as delivered, and the Customer's copyright notice may be displayed in the final version. All works, ideas, discoveries, inventions, patents, products or other information that may be protected by copyright (collectively, the \"Work Product\" developed in whole or in part by the Contractor in connection with the Services, shall be the exclusive property of the Customer. Upon request, the Contractor shall execute all documents necessary to confirm or perfect the exclusive ownership of the Customer's \"Work Product\". The Contractor retains exclusive rights to pre-existing materials used in the Customer's projects. The Customer shall not have the right to reuse, resell or otherwise transfer material belonging to the contractor or third parties. The Contractor reserves the right to use the finished public product as an example of a product. RETURN OF PROPERTY Upon the expiry or termination of this Agreement, the Contractor will return to the Customer any property, documentation, records or Confidential Information which is the property of the Customer. COMPENSATION For all services rendered by the Contractor under this Agreement, the Customer shall indemnify the Contractor. In the event that the Customer fails to make any of the payments mentioned, the Contractor shall have the right, but shall not be obliged, to exercise any of the following remedies: ","Service Agreement","https://templates.business-in-a-box.com/imgs/1000px/service-agreement-D12711.png","https://templates.business-in-a-box.com/imgs/250px/12711.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12711.xml",{"title":174,"description":6},"service agreement",[176,177],{"label":33,"url":99},{"label":33,"url":99},"/template/service-agreement-D12711",false,{"seo":181,"reviewer":193,"legal_disclaimer":197,"quick_facts":198,"at_a_glance":200,"personas":204,"variants":229,"glossary":253,"clauses":287,"how_to_fill":338,"common_mistakes":379,"faqs":404,"industries":432,"comparisons":449,"diy_vs_lawyer":464,"jurisdictions":477,"related_template_ids_curated":498,"schema":510,"classification":511},{"meta_title":182,"meta_description":183,"primary_keyword":184,"secondary_keywords":185},"Motor Vehicle Conveyance Template (Free Word)","Free motor vehicle conveyance template for transferring legal ownership of a vehicle. Trusted by companies in USA, Canada, UK, Australia, and 190+ countries. Free Word and PDF download.","motor vehicle conveyance template",[186,187,188,189,190,191,192],"vehicle transfer of ownership template","car conveyance agreement","vehicle conveyance form","motor vehicle conveyance word template","vehicle ownership transfer document","automobile conveyance agreement free","motor vehicle sale agreement template",{"name":194,"credential":195,"reviewed_date":196},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":199,"legal_review_recommended":197,"signature_required":197,"notarization_required":179},"medium",{"what_it_is":201,"when_you_need_it":202,"whats_inside":203},"A Motor Vehicle Conveyance is a legally binding document that formally transfers ownership of a motor vehicle from a seller to a buyer. This free Word download captures the vehicle's identifying details, agreed purchase price, condition disclosures, title status, and mutual release of liability — and can be edited online and exported as PDF for signing and submission to a motor vehicle authority.\n","Use it whenever a vehicle changes hands through a private sale, fleet disposal, business asset transfer, or gift — any transaction where a government title transfer will follow and both parties need a written record of the agreed terms before the registration is updated.\n","Party identification, full vehicle description (VIN, make, model, year, odometer), purchase price and payment terms, title and lien status, condition and warranty disclosures, as-is acknowledgment, release of liability, and governing law with signature blocks for both parties.\n",[205,209,213,217,221,225],{"title":206,"use_case":207,"icon_asset_id":208},"Private vehicle sellers","Documenting a private-party car sale and releasing personal liability after handover","persona-small-business-owner",{"title":210,"use_case":211,"icon_asset_id":212},"Fleet managers","Disposing of company vehicles through sale or auction with a clear paper trail","persona-operations-director",{"title":214,"use_case":215,"icon_asset_id":216},"Dealerships and auto brokers","Issuing a standard conveyance document for wholesale or dealer-to-dealer transfers","persona-retailer",{"title":218,"use_case":219,"icon_asset_id":220},"Business owners transferring assets","Conveying a company-owned vehicle to an employee, partner, or successor entity","persona-ceo",{"title":222,"use_case":223,"icon_asset_id":224},"Estate administrators","Transferring a vehicle from a deceased owner's estate to an heir or purchaser","persona-freelancer",{"title":226,"use_case":227,"icon_asset_id":228},"Nonprofit and government agencies","Documenting donated or surplus vehicle transfers with a legally defensible record","persona-nonprofit-exec",[230,233,237,241,244,248,251],{"situation":231,"recommended_template":7,"slug":232},"Straightforward private-party sale between individuals","motor-vehicle-conveyance-D1150",{"situation":234,"recommended_template":235,"slug":236},"Selling a vehicle that still carries a lender's lien","Vehicle Bill of Sale with Lien Release","bill-of-sale-for-a-motor-vehicle-D1132",{"situation":238,"recommended_template":239,"slug":240},"Gifting a vehicle to a family member with no monetary exchange","Vehicle Gift Transfer Letter","policy-letter-on-vehicle-expense-reimbursement-D723",{"situation":242,"recommended_template":243,"slug":236},"Selling a commercial truck or heavy equipment","Commercial Vehicle Sale Agreement",{"situation":245,"recommended_template":246,"slug":247},"Transferring multiple fleet vehicles in a single business transaction","Bulk Asset Purchase Agreement","asset-purchase-agreement-D928",{"situation":249,"recommended_template":69,"slug":250},"Leasing a vehicle instead of transferring ownership outright","vehicle-lease-agreement-D12694",{"situation":252,"recommended_template":90,"slug":247},"Transferring a vehicle as part of a broader business asset sale",[254,257,260,263,266,269,272,275,278,281,284],{"term":255,"definition":256},"Conveyance","The legal act of transferring ownership or title of property from one party to another, documented in writing.",{"term":258,"definition":259},"VIN (Vehicle Identification Number)","A unique 17-character alphanumeric code assigned to every motor vehicle that identifies its manufacturer, specifications, and production sequence.",{"term":261,"definition":262},"Title","The government-issued certificate that establishes legal ownership of a motor vehicle and must be transferred to the buyer at the time of sale.",{"term":264,"definition":265},"Odometer Disclosure","A federally required statement (in the US) in which the seller certifies the vehicle's mileage at the time of sale to prevent odometer fraud.",{"term":267,"definition":268},"Lien","A legal claim held by a lender against a vehicle used as collateral for a loan; the lien must be released before clean title can transfer to a buyer.",{"term":270,"definition":271},"As-Is Sale","A transaction in which the buyer accepts the vehicle in its current condition with no warranty from the seller — all risk of undisclosed defects passes to the buyer.",{"term":273,"definition":274},"Release of Liability","A clause — and often a separate government form — that notifies the DMV or equivalent authority that the seller is no longer responsible for the vehicle after the transfer date.",{"term":276,"definition":277},"Bill of Sale","A written record of a sale transaction that documents the price, parties, and item transferred; in vehicle transactions, it serves as evidence of purchase until the title is formally re-registered.",{"term":279,"definition":280},"Encumbrance","Any claim, lien, or charge against a vehicle's title — such as an unpaid loan or tax judgment — that limits the seller's ability to convey clear title.",{"term":282,"definition":283},"Warranty of Title","A seller's representation that they have the legal right to sell the vehicle and that it is free from undisclosed liens or encumbrances.",{"term":285,"definition":286},"Notarization","Authentication of a signature by a licensed notary public; required for vehicle title transfers in certain US states even when not required on the conveyance document itself.",[288,293,298,303,308,313,318,323,328,333],{"name":289,"plain_english":290,"sample_language":291,"common_mistake":292},"Parties and identification","Names the seller and buyer as legal individuals or entities, including their addresses and government ID or business registration numbers where required.","This Motor Vehicle Conveyance is entered into on [DATE] between [SELLER FULL LEGAL NAME], residing at [SELLER ADDRESS] ('Seller'), and [BUYER FULL LEGAL NAME], residing at [BUYER ADDRESS] ('Buyer').","Using nicknames or trade names instead of legal names — if the seller's name doesn't match the name on the certificate of title, the DMV will reject the transfer.",{"name":294,"plain_english":295,"sample_language":296,"common_mistake":297},"Vehicle description and VIN","Identifies the vehicle precisely using its VIN, year, make, model, body style, color, and license plate number so there is no ambiguity about which asset is being transferred.","The vehicle being conveyed is a [YEAR] [MAKE] [MODEL] [BODY STYLE], [COLOR], bearing Vehicle Identification Number [VIN], License Plate [PLATE NUMBER], registered in [STATE/PROVINCE].","Transcribing the VIN incorrectly — a single character error means the conveyance does not match the title document and the entire transfer must be redone.",{"name":299,"plain_english":300,"sample_language":301,"common_mistake":302},"Odometer disclosure","States the vehicle's mileage at the time of transfer, certifies whether the reading is accurate, and flags any odometer discrepancy known to the seller.","Seller certifies that the odometer reading at the time of transfer is [MILEAGE] miles and, to the best of Seller's knowledge, reflects the actual mileage of the vehicle. [OR: The odometer reading reflects mileage in excess of the odometer's mechanical limits / is not the actual mileage — WARNING: ODOMETER DISCREPANCY.]","Omitting the odometer disclosure on vehicles under 10 years old in the US — federal law under the Motor Vehicle Information and Cost Savings Act requires it, and omission exposes the seller to federal fraud liability.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Purchase price and payment terms","States the agreed total price, the form of payment, and when payment is due relative to the transfer of possession and title.","Buyer agrees to pay Seller the sum of $[AMOUNT] ([WRITTEN AMOUNT] Dollars) as full consideration for the vehicle. Payment shall be made by [CASH / CERTIFIED CHECK / BANK TRANSFER] on or before [DATE / at time of signing].","Understating the purchase price to reduce sales tax — this constitutes tax fraud in every jurisdiction and voids any warranty of the transaction's legitimacy.",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Title and lien status","Seller warrants that they hold clear title to the vehicle, that it is free from liens and encumbrances, and commits to delivering the signed title certificate to the buyer at closing.","Seller warrants that Seller is the lawful owner of the vehicle, holds clear title free and clear of all liens and encumbrances except as disclosed herein, and shall deliver the signed certificate of title to Buyer no later than [DATE / time of signing].","Signing the conveyance without first confirming the lien has been fully discharged — if a lender's name still appears on the title, the buyer cannot re-register the vehicle until the lien release is obtained separately.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Condition disclosure and as-is acknowledgment","Describes the vehicle's known condition, lists any known defects, and — if no warranty is offered — states clearly that the buyer accepts the vehicle as-is with no seller warranty.","The vehicle is sold AS-IS, WHERE-IS, with all faults. Seller makes no representations or warranties, express or implied, regarding the condition, fitness for purpose, or merchantability of the vehicle. Known defects: [LIST OR 'None known to Seller'].","Failing to list known defects before an as-is clause — courts in many jurisdictions hold that a seller cannot disclaim liability for defects they knew about and actively concealed.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Release of liability","States the exact date and time the seller's responsibility for the vehicle ends — including responsibility for tolls, parking tickets, accidents, and insurance — and may reference submission of a notice-of-transfer form to the DMV.","As of [DATE] at [TIME], Seller is released from all liability arising from the use, operation, or ownership of the vehicle. Seller shall submit a Notice of Transfer to [DMV / MOTOR VEHICLE AUTHORITY] within [X] business days of signing.","Not filing the DMV notice-of-transfer after signing — the seller remains registered as the owner until the authority is notified, leaving them exposed to traffic violations and liability claims generated by the new owner.",{"name":324,"plain_english":325,"sample_language":326,"common_mistake":327},"Representations and warranties","Seller's formal statements that they have the legal authority to sell the vehicle, it has not been reported stolen, it has not been declared a total loss (salvage), and all disclosures are accurate.","Seller represents and warrants that: (a) Seller has full legal authority to convey the vehicle; (b) the vehicle has not been reported stolen; (c) the vehicle has not been declared a total loss or issued a salvage or rebuilt title; and (d) all statements in this document are true and complete to Seller's knowledge.","Omitting the salvage title disclosure — selling a rebuilt or salvage-titled vehicle without disclosure exposes the seller to fraud claims and rescission demands, even if the buyer could have checked the vehicle history independently.",{"name":329,"plain_english":330,"sample_language":331,"common_mistake":332},"Governing law and dispute resolution","Specifies which jurisdiction's law governs the agreement and how disputes will be resolved — typically the state or province where the vehicle is registered or the transaction takes place.","This Agreement shall be governed by the laws of [STATE / PROVINCE]. Any dispute arising under this Agreement shall be resolved in the courts of [COUNTY / JURISDICTION], and the parties consent to personal jurisdiction therein.","Choosing a governing law that differs from the state or province where the title is registered — the titling authority applies its own jurisdiction's rules regardless of what the contract specifies.",{"name":334,"plain_english":335,"sample_language":336,"common_mistake":337},"Signatures and date","Both parties sign and date the document, confirming mutual agreement; some jurisdictions require a witness or notary signature on the conveyance itself or on the accompanying title certificate.","IN WITNESS WHEREOF, the parties have executed this Motor Vehicle Conveyance as of the date first written above.\n\nSeller: ___________________________ Date: _________ [SELLER NAME]\nBuyer: ___________________________ Date: _________ [BUYER NAME]\nWitness (if required): _____________ Date: _________","Both parties signing on different dates without noting the effective transfer date — the signature date controls when liability and ownership shift, and a gap between seller and buyer signatures creates ambiguity about when exactly ownership transferred.",[339,344,349,354,359,364,369,374],{"step":340,"title":341,"description":342,"tip":343},1,"Enter both parties' full legal names and addresses","Use the seller's name exactly as it appears on the current certificate of title, and the buyer's name as they want it to appear on the new title. Include full mailing addresses for both.","If the title shows a deceased owner's name or a former married name, do not attempt to correct it on the conveyance — that requires a separate probate or name-change process before the transfer.",{"step":345,"title":346,"description":347,"tip":348},2,"Record the VIN, year, make, model, and odometer reading","Copy the VIN character-by-character from the vehicle's dashboard plate or door jamb sticker, not from memory or a previous document. Record the odometer reading on the day of signing.","Photograph the VIN plate and odometer display immediately before signing — this single step resolves the majority of post-sale VIN and mileage disputes.",{"step":350,"title":351,"description":352,"tip":353},3,"State the purchase price and payment method","Enter the actual agreed price in both numerals and written words. Specify whether payment is cash, certified check, or bank transfer, and note whether it has already been received or is due at a specific time.","For amounts over $10,000, a bank transfer with a transaction reference number creates a cleaner audit trail than cash and avoids federal cash-reporting complications.",{"step":355,"title":356,"description":357,"tip":358},4,"Verify and disclose the title and lien status","Check the physical title certificate for any lender name in the lienholder field. If a lien exists, obtain a signed lien-release letter from the lender before or simultaneously with the conveyance signing.","Run a VIN history report (CARFAX, AutoCheck, or the NMVTIS database) and attach it to the conveyance — this protects both parties and documents that neither concealed known title issues.",{"step":360,"title":361,"description":362,"tip":363},5,"Complete the condition disclosure and as-is clause","List every known defect — mechanical, cosmetic, or title-related — in the condition section. If no warranty is intended, confirm the as-is language is present and that the buyer has initialed it.","Even a brief written list ('check-engine light present, A/C inoperable') is better than a blank defects field — disclosed defects cannot form the basis of a later fraud claim.",{"step":365,"title":366,"description":367,"tip":368},6,"Set the transfer date and time for the release of liability","Enter the exact date and time ownership transfers. Both parties should sign on that same date where possible. Note any DMV notice-of-transfer filing obligation for your state or province.","If you are selling in a jurisdiction that allows online DMV liability release (California, Florida, and many others), complete it the same day you sign — before you hand over the keys.",{"step":370,"title":371,"description":372,"tip":373},7,"Sign, witness, and notarize as required","Both parties sign and date the document. Check your jurisdiction's requirements — some states (Louisiana, Montana, West Virginia) require notarization on the conveyance itself; others only on the title certificate.","Keep a fully executed copy (original or certified copy) in your records for a minimum of five years — long enough to cover the statute of limitations for most vehicle-related claims.",{"step":375,"title":376,"description":377,"tip":378},8,"Submit the title and conveyance to the motor vehicle authority","The buyer takes the signed title certificate and this conveyance document to the DMV or equivalent authority to complete re-registration. The seller files the notice of transfer simultaneously.","Many jurisdictions impose a deadline of 10–30 days for title transfer after sale — exceeding it triggers late fees assessed against the buyer.",[380,384,388,392,396,400],{"mistake":381,"why_it_matters":382,"fix":383},"Name mismatch between conveyance and title certificate","If the seller's name on the conveyance differs from the name printed on the certificate of title, the DMV will reject the transfer and the buyer cannot re-register the vehicle.","Copy the seller's name character-for-character from the current title certificate before drafting the conveyance, including middle initials and any suffixes.",{"mistake":385,"why_it_matters":386,"fix":387},"Skipping the odometer disclosure on a qualifying vehicle","Federal law in the US requires odometer disclosure on most vehicles under 10 years old; omitting it exposes the seller to a civil penalty of up to $10,000 per violation under 49 U.S.C. § 32709.","Include a dedicated odometer disclosure clause and have the seller initial it separately to confirm they read and understood the certification.",{"mistake":389,"why_it_matters":390,"fix":391},"Failing to file the notice of transfer with the DMV","Until the seller notifies the motor vehicle authority of the sale, they remain the registered owner on record — liable for tolls, parking violations, and potentially accidents caused by the new owner.","File the state or provincial notice-of-transfer form on the day of signing. Many jurisdictions now allow online filing within 24 hours of the sale.",{"mistake":393,"why_it_matters":394,"fix":395},"Concealing a salvage or rebuilt title history","Selling a vehicle with a salvage or rebuilt title without disclosure is actionable fraud in every US state and Canadian province, entitling the buyer to rescission and damages even if an as-is clause was signed.","Run a NMVTIS or equivalent title check before listing the vehicle, disclose any salvage or rebuilt branding explicitly in the condition section, and retain the report with the executed conveyance.",{"mistake":397,"why_it_matters":398,"fix":399},"Signing without confirming lien discharge","A buyer who receives a conveyance for a vehicle with an undischarged lien acquires the lien along with the vehicle — the lender can repossess the car even from a bona fide purchaser in some jurisdictions.","Demand a written lien-release letter from the lienholder and attach it to the conveyance before signing; if the loan payoff is happening simultaneously, use a three-party closing with the funds disbursed directly to the lender.",{"mistake":401,"why_it_matters":402,"fix":403},"Understating the purchase price to reduce sales tax","Tax authorities in every jurisdiction cross-check reported sale prices against market value databases and can assess back tax, penalties, and interest on both parties — and the fraud voids the transaction's legal protections.","Record the actual agreed purchase price. If the vehicle is a gift, note the gift relationship explicitly and use a $0 or nominal consideration clause where the jurisdiction permits gift transfers.",[405,408,411,414,417,420,423,426,429],{"question":406,"answer":407},"What is a motor vehicle conveyance?","A motor vehicle conveyance is a written legal document that formally transfers ownership of a vehicle from a seller to a buyer. It records the vehicle's identifying details, agreed purchase price, condition, title status, and mutual release of liability. Unlike an informal receipt, a properly executed conveyance creates an enforceable record of the transaction and supports the government title transfer that registers the buyer as the new legal owner.\n",{"question":409,"answer":410},"Is a motor vehicle conveyance the same as a bill of sale?","The terms are often used interchangeably, but a conveyance typically carries more formal legal language than a simple bill of sale. A bill of sale records the fact of the transaction; a conveyance explicitly transfers the property right (title) from one party to another and includes representations and warranties, condition disclosures, and a release of liability. In jurisdictions that treat the two as equivalent, either document satisfies the DMV's requirement for proof of purchase.\n",{"question":412,"answer":413},"Do I need a motor vehicle conveyance if I'm using the state's official bill-of-sale form?","Some states and provinces provide an official bill-of-sale or transfer form that satisfies their DMV requirements on its own. However, official forms are typically brief and do not include condition disclosures, warranty representations, or dispute resolution clauses. Using a comprehensive conveyance document alongside the official form gives both parties a more complete legal record — particularly useful if a dispute arises after the transaction is complete.\n",{"question":415,"answer":416},"What happens if the seller still owes money on the vehicle?","An outstanding loan creates a lien on the title, and the vehicle cannot be conveyed with clear title until the lien is discharged. The seller must pay off the loan — often from the sale proceeds at closing — and obtain a lien-release letter from the lender before or simultaneously with the conveyance signing. Attempting to sell a liened vehicle without disclosing the encumbrance exposes the seller to fraud liability.\n",{"question":418,"answer":419},"Does a motor vehicle conveyance need to be notarized?","Notarization requirements vary by jurisdiction. In most US states, the conveyance document itself does not require notarization — but the certificate of title does in certain states, including Louisiana, Montana, Nebraska, New Hampshire, and West Virginia. In Canada, the UK, and the EU, notarization is generally not required for private vehicle sales. Check your specific jurisdiction's motor vehicle authority requirements before signing.\n",{"question":421,"answer":422},"Can I sell a vehicle as-is and disclaim all warranties?","Yes, a seller can disclaim all implied warranties of merchantability and fitness through a clearly worded as-is clause, and this is standard in most private-party vehicle sales. However, an as-is clause does not protect a seller who actively conceals a known defect. In most jurisdictions, deliberate non-disclosure of material defects — such as flood damage, odometer tampering, or a salvage title — constitutes fraud and overrides the as-is provision.\n",{"question":424,"answer":425},"What is an odometer disclosure and when is it required?","An odometer disclosure is a signed statement from the seller certifying the vehicle's mileage at the time of sale. In the United States, federal law requires odometer disclosure on all motor vehicles under 10 model years old (with limited exceptions for heavy trucks and non-road vehicles). The disclosure must appear on the title certificate or a separate form and, if falsified, carries civil penalties of up to $10,000 per violation and potential criminal liability.\n",{"question":427,"answer":428},"How long should I keep a copy of the motor vehicle conveyance?","Both buyer and seller should retain a fully executed copy for a minimum of five years after the transaction. This covers the statute of limitations for most vehicle-related civil claims in the US and Canada. The buyer may need it to resolve title disputes, prove purchase price for tax purposes, or support an insurance claim. The seller may need it to defend against traffic violations or liability claims arising after the transfer date.\n",{"question":430,"answer":431},"Does a motor vehicle conveyance cover commercial vehicles and trailers?","The same document structure applies to commercial vehicles, trailers, and motorcycles, but certain vehicle classes — particularly heavy commercial trucks, semi-trailers, and specialty equipment — may be subject to additional disclosure requirements, DOT registration considerations, or state-specific transfer forms. For fleet or commercial transactions, it is advisable to have the conveyance reviewed by a lawyer familiar with commercial vehicle regulations in the relevant jurisdiction.\n",[433,437,441,445],{"industry":434,"icon_asset_id":435,"specifics":436},"Automotive and dealerships","industry-retail","Wholesale dealer-to-dealer transfers and auction sales require a conveyance that references the dealer license number and complies with state dealer-specific title transfer rules.",{"industry":438,"icon_asset_id":439,"specifics":440},"Transportation and logistics","industry-manufacturing","Fleet disposals involving multiple commercial vehicles benefit from a conveyance that references DOT numbers, GVWR classifications, and any federal safety compliance certifications being transferred with the asset.",{"industry":442,"icon_asset_id":443,"specifics":444},"Construction and trades","industry-construction","Contractors transferring work trucks or specialty vehicles between business entities need the conveyance to reference equipment-specific identifiers and align with the company's asset-disposal policy.",{"industry":446,"icon_asset_id":447,"specifics":448},"Professional services and corporate","industry-professional-services","Businesses conveying company cars to employees or successor entities must document the transaction for accounting purposes, including the fair-market-value determination required for employee benefit or capital-gains tax reporting.",[450,453,456,460],{"vs":69,"vs_template_id":451,"summary":452},"D{VEHICLE_LEASE_AGREEMENT_ID}","A lease agreement transfers possession and use of a vehicle for a fixed term in exchange for periodic payments, while ownership remains with the lessor. A motor vehicle conveyance permanently transfers title and ownership to the buyer in a single transaction. Use a conveyance when the goal is outright sale; use a lease when the owner wants to retain the asset and collect recurring income.",{"vs":90,"vs_template_id":454,"summary":455},"asset-purchase-agreement-D13614","An asset purchase agreement covers the sale of multiple business assets — equipment, inventory, IP, and goodwill — in a single transaction, often including vehicles as one line item. A motor vehicle conveyance is a standalone document focused solely on one vehicle transfer. When a vehicle is the only asset changing hands, a conveyance is the appropriate document; when it is part of a broader business sale, an asset purchase agreement governs the transaction.",{"vs":457,"vs_template_id":458,"summary":459},"General Bill of Sale","D{GENERAL_BILL_OF_SALE_ID}","A general bill of sale records the transfer of any personal property — furniture, equipment, or goods — and is not specific to motor vehicles. A motor vehicle conveyance includes vehicle-specific requirements such as VIN, odometer disclosure, title warranty, lien status, and DMV notice provisions that a generic bill of sale omits. Using a general bill of sale for a vehicle transfer may leave the seller exposed on federally mandated odometer disclosure and title warranty obligations.",{"vs":461,"vs_template_id":462,"summary":463},"Quitclaim Deed","D{QUITCLAIM_DEED_ID}","A quitclaim deed transfers whatever interest the grantor holds in real property — with no warranty of title — and is not used for vehicle transfers. A motor vehicle conveyance is the vehicle equivalent, but unlike a quitclaim deed it typically includes affirmative title warranties from the seller. Confusing the two is most common in estate situations where both real property and vehicles are being transferred simultaneously.",{"use_template":465,"template_plus_review":469,"custom_drafted":473},{"best_for":466,"cost":467,"time":468},"Standard private-party vehicle sales between individuals in a single jurisdiction with clear title","Free","15–20 minutes",{"best_for":470,"cost":471,"time":472},"Business fleet disposals, cross-state transactions, vehicles with prior liens, or transfers involving estates","$150–$400 for a lawyer or notary review","1–2 business days",{"best_for":474,"cost":475,"time":476},"High-value commercial vehicles, fleet portfolio disposals, multi-jurisdiction transactions, or title disputes","$500–$2,000+","3–7 business days",[478,483,488,493],{"code":479,"name":480,"flag_asset_id":481,"note":482},"us","United States","flag-us","Title transfer requirements are set by each state's DMV. Federal law (49 U.S.C. § 32705) mandates odometer disclosure on vehicles under 10 model years old. Notarization of the title certificate is required in approximately 11 states, including Louisiana and West Virginia. Sales tax is assessed on the purchase price at the state and sometimes county level — rates range from 0% (Oregon, Montana) to over 10% in some California counties.",{"code":484,"name":485,"flag_asset_id":486,"note":487},"ca","Canada","flag-ca","Vehicle ownership transfers are administered provincially; the process differs between Ontario, British Columbia, Quebec, and other provinces. Ontario requires a Used Vehicle Information Package (UVIP) from the seller before closing. Quebec requires all transaction documents to be in French for private sellers. HST or PST applies to private sales in most provinces, assessed on the greater of the declared price or the Canadian Black Book retail value.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"uk","United Kingdom","flag-uk","The UK does not use a title certificate system — ownership is evidenced by the V5C logbook (Registration Certificate) issued by the DVLA. The seller must notify the DVLA of the sale online or by post on the day of transfer. A written conveyance or bill of sale is not legally required but is strongly recommended as evidence of the agreed terms, particularly for vehicles sold with outstanding finance under a hire-purchase agreement.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"eu","European Union","flag-eu","EU member states each maintain their own vehicle registration and ownership transfer systems, and there is no unified EU-level vehicle title regime. In most member states, the buyer must re-register the vehicle within 30 days of purchase. VAT treatment of private vehicle sales varies — in Germany and France, private sellers are generally exempt from VAT, while dealers must charge it. Cross-border EU vehicle transfers require customs and technical compliance documentation, particularly for vehicles not already type-approved in the destination country.",[247,499,500,501,502,503,504,505,506,507,508,509],"independent-contractor-agreement-D160","non-disclosure-agreement-nda-D12692","partnership-agreement-D12551","equipment-lease-agreement-D1140","service-agreement-D12711","promissory-note-D434","release-of-liability-waiver-D12892","purchase-order-D1411","letter-of-intent_acquisition-of-business-D5197","sole-proprietorship-business-plan-D12029","agreement-of-purchase-and-sale-of-business-assets-D318",{"emit_how_to":197,"emit_defined_term":197},{"primary_folder":99,"secondary_folder":512,"document_type":513,"industry":514,"business_stage":515,"tags":516,"confidence":522},"transfers-terminations-and-releases","agreement","general","all-stages",[517,518,519,520,521],"legal","ownership","motor-vehicle","asset-transfer","bill-of-sale",0.92,"\u003Ch2>What is a Motor Vehicle Conveyance?\u003C/h2>\n\u003Cp>A \u003Cstrong>Motor Vehicle Conveyance\u003C/strong> is a legally binding document that formally transfers ownership of a motor vehicle from a seller to a buyer. It records the vehicle's identifying details — including the VIN, make, model, year, and odometer reading — alongside the agreed purchase price, title and lien status, condition disclosures, and a mutual release of liability. Unlike an informal handshake or a text message confirming a price, a properly executed conveyance creates an enforceable written record of every term the parties agreed to at the time of sale, and it supports the government title transfer that officially registers the buyer as the new legal owner with the relevant motor vehicle authority.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a written conveyance, both seller and buyer are exposed to disputes that a simple document would have prevented. A seller who transfers a vehicle without a signed release of liability remains the registered owner on record — liable for parking tickets, tolls, and even accident claims generated by the new owner until the DMV is formally notified. A buyer who accepts a vehicle without a written record of the agreed price and condition has no documentary basis to challenge the seller if undisclosed defects surface or if title cannot be cleanly transferred. For businesses disposing of fleet vehicles, the absence of a paper trail creates accounting and tax compliance gaps that auditors will flag. This template gives both parties a complete, jurisdiction-aware starting point: it covers federally mandated odometer disclosure, title warranty, lien status, and as-is acknowledgment in a single document — reducing the time and cost of a standard vehicle transfer to under 20 minutes.\u003C/p>\n",1781185915342]