Draft a car purchase agreement using the following facts. Do not include any other provisions....

Question

Draft a car purchase agreement using the following facts. Do not include any other provisions. Assume that no statutes apply to the transaction. Use the House Purchase Agreement (Chapter 32, Document 1) as a precedent. It is available in Microsoft Word on the book’s website. Facts 1. The parties are Barbara Balsam, the seller, and Tom Rogers, the buyer. 2. The car is a red, 20XX Acura. 3. It has been driven 26,000 miles. 4. The purchase price is $11,000. The buyer will pay the seller with a certified check. 5. The seller owns the car, and it is not subject to any liens. 6. The car has been maintained in accordance with the owner’s manual and is in good operating condition, normal wear and tear excepted. 7. The closing will take place on the last day of the month that follows the month in which the car purchase agreement is signed. 8. With respect to the period beginning on the day the agreement is signed and ending on the closing date, the seller promises not to paint the car and not to drive it more than 500 miles. The seller also promises to garage the car and to continue to maintain it. 9. The buyer only has to close if the seller has performed its covenants and if the seller’s representations and warranties are true on the date that they were made and on the closing date as if they were made on that date, except to the extent the agreement contemplates that specific facts might change. 10. The date of the agreement is the date that this assignment is due.

Rachit · Accepted Answer

CAR PURCHASE AGREEMENT	
 
VEHICLE SALES AGREEMENT
THIS VEHICLE SALES AGREEMENT is made this 13th day of September and among	, Ms Barbara Balsam(hereinafter known as "Seller"), And Tom Rogers (hereinafter known as "Buyer"),
BACKGROUND
WHEREAS, Seller desires to sell the vehicle described below, known herein as the "Acquired Vehicle", under the terms and conditions set forth below;
WHEREAS, Buyer desires to purchase the Acquired Vehicle offered for sale by Seller at a Net Sum Value of $11,000 , via certified check under the terms  and conditions set forth below; and, therefore,

Draft a car purchase agreement using the following facts. Do not include any other provisions. Assume that no statutes apply to the transaction. Use the House Purchase Agreement (Chapter 32, Document...

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