CONSIGNMENT AND SALES AGREEMENT
DATE__________________
I(we), the undersigned consignor(s), hereby consign and deliver possession of my (our) vehicle, which is a
(Year) ______________ (Make - Model, boat/trailer) _________________________________________________________________
(Hull/Vin #) ___________________________________________________________________, to Marine Unlimited Dealer # 59693 for the sole purpose of selling the vehicle and paying, to the consignor or his or her designee from the proceeds of the sale of the vehicle, the amount agreed upon under terms of this agreement. This agreement is effective and valid only for a period of _________ days from this date.
At the termination of this agreement, the consignee shall return the vehicle to the consignor, or, at the option of both the consignor and consignee, enter into a new agreement.
If the vehicle is sold by the consignee during the term of this agreement, the money due the consignor shall be disbursed within 20 days after the date of sale in accordance with the terms of this agreement. As used in this agreement, a “sale” occurs when the consignee either (A) receives the purchase price or its equivalent or executes a conditional sales contract for the vehicle, or )B) when the purchaser takes delivery of the vehicle, whichever occurs first.
The following information shall be completed prior to the signing of this agreement:
Asking price: $ ______________________________
Outstanding liens: $ ________________Lienholder:__________________________________________________________________
(Any difference between the outstanding amount shown and the actual payoff to the lienholder will be credited to the consignor.)
Repairs to be made: $ _____________________________ Work Order # __________________
Commission to consignee: _____________percent of sale price, or flat fee of $ _____________
Within 20 days after sale, the consignee shall make an accounting to the consignor of all the following: date of sale, sale price, name of purchaser, repairs authorized by consignor (supported by work orders), exact amount of any liens payable to lienholders, and evidence of payment.
The consigned vehicle is delivered to the consignee in trust for the exact terms set forth in this agreement. The consignee agrees to receive this vehicle in trust and not to permit its use for any other purpose other than contained in this agreement without the express written consent of the consignor.
Upon payment of the moneys due the consignor, the consignor agrees to furnish the consignee those documents necessary to transfer the ownership of the vehicle to the purchaser.
Signatures:
X _____________________________________________________________________________
Consignor Date
______________________________________________________________________________
Address City State Zip
______________________________________________________________________________
Telephone Email
NOTICE TO CONSIGNOR: Failure of the consignee to comply with the terms of this agreement may be a violation of statute which could result in criminal or administrative sanctions, or both. If you feel the consignee has not complied with the terms of this agreement, please contact the DMV, Division of Investigations and Occupational Licensing, Bureau of Investigations, via the local DMV office.
MARINE UNLIMITED
3335 STANDISH AVE
SANTA ROSA CA 95407
707-585-9717
WWW.MARINEUNLIMITED.NET