(8) COMMUNICATION TO THE SENDER: Failure by the recipient to comply with the terms of this Agreement may constitute a violation of the law that may result in criminal or administrative sanctions or both. If you believe that the recipient has not complied with the terms of this Agreement, please contact an investigator from the Motor Vehicle Department. The consignment agreement prescribed in section 11729 must contain all of the following conditions: Phrases, conditions, and disclosures included: California Department of Food and Agriculture Bureau of Livestock Identification 1220 “n” Street, Sacramento, approximately 95814 Office: (916) 900-5006 Fax: (916) 900-5335 Order Form for Form 74-036y Sales Contract or Shipment 21703. 3. `Where the vehicle is sold by the consignee during the term of this contract, the money due to the sender shall be payable within twenty days from the date of sale in accordance with the provisions of this contract. As used in this agreement, there is a “sale” when the recipient receives either (A) the purchase price, an equivalent price, or performs a conditional sales contract for the vehicle, or (B) when the buyer receives the vehicle, whichever happens first. `4. `Before signing this Agreement, the following information shall be completed: (2) `In the event of termination of this Contract, the consignee shall return the vehicle to the consignor or, at the option of the consignor and consignee, enter into a new contract`; 6. “The delivered vehicle shall be surrendered in trust to the consignee under the exact conditions set out in this Agreement. The Recipient agrees to keep this vehicle in trust and not to authorize its use for purposes other than those contained in this Agreement without the express written consent of the Shipper. (1) “I entrust to the consignor who signed, and I entrust the possession of my vehicle, _____ (Make) ____ (ID#) ____ (Licence) _____ (State) ___ (mileage) ___ (dealer#) ____ for the sole purpose of selling the vehicle and paying the amount agreed in accordance with this Agreement to the shipper or his agent of the proceeds of the sale of the vehicle. This Agreement shall be valid only for a period of ____ days from that date. » 5. “Within twenty days of the sale, the consignee must invoice the sender for the following documents: date of sale, repairs authorized by the sender (working document), exact amount of instructions to be paid to the creditors of pledges, proof of payment of any pledge rights and overall sale price.” (Any difference between the declared outstanding amount and the actual payment to the secured creditor is credited to the sender.) 1 2 3 lowell finley, sbn 104414 law firms of lowell finley 1604 solano avenue berkeley, california 94707-2109 tel: 510-290-8823 fax: 510-526-5424 4 Lawyer for plaintiffs and petitioners 5 court superior of the state of california 6 in and for.
Contract for the purchase of a vehicle A contract of sale releases interest on a vehicle. . . .