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homemade contract

Posted: Tue Jan 05, 2010 10:49 am
by 98ninja
im buying a bike today in a private sale
i was interested how people word there handover contracts/receipts in these circumstances.
any help?

Re: homemade contract

Posted: Tue Jan 05, 2010 10:54 am
by Wattie
handwritten receipt, with vin number, rego, engine number, date of sale and how much, one copy for each.

you take the rego paper, expect the slip that they take to the RTA, make sure the back fo the papers is all filled out by both parties.

hand over the cash/bank cheque and go to the rta the next day and put it in your name 8)

Re: homemade contract

Posted: Tue Jan 05, 2010 10:54 am
by Wattie
oh and make sure its insured (cover note) if you plan on riding it home, or even if on the trailer. 8)

Re: homemade contract

Posted: Tue Jan 05, 2010 10:59 am
by Smitty
98ninja wrote:im buying a bike today in a private sale
i was interested how people word there handover contracts/receipts in these circumstances.
any help?

this is of course after checking that its not stolen (using whatever the guvmint/ Roads Board provide in NSW)

Re: homemade contract

Posted: Tue Jan 05, 2010 11:02 am
by Wattie
Smitty wrote:
98ninja wrote:im buying a bike today in a private sale
i was interested how people word there handover contracts/receipts in these circumstances.
any help?

this is of course after checking that its not stolen (using whatever the guvmint/ Roads Board provide in NSW)

yeah revs check it. and if you want your ass well and truly covered, pay for the certificate. its a legal doc. 8)

Re: homemade contract

Posted: Tue Jan 05, 2010 11:04 am
by 98ninja
forgot to mention.
its a track bike and not road registered.

Re: homemade contract

Posted: Tue Jan 05, 2010 11:07 am
by Wattie
same deal with the reciept, and still should be able to revs check it somehow... ring revs?

Re: homemade contract

Posted: Tue Jan 05, 2010 11:08 am
by matchan
get the seller to add that it's free of any encumbrance (I think is the expression) no finance, etc.

Re: homemade contract

Posted: Tue Jan 05, 2010 11:18 am
by 98ninja
thanks guys
drawn up a basic contract.
ill post some photos up later
its an 89 fzr600. i didnt want to take the 12 to the track. this way i can thrash something cheap and not worry about it too much if i crash.

Re: homemade contract

Posted: Tue Jan 05, 2010 11:59 am
by Cath
Re: REVS
Just be aware that a REVS check is not worth as much as commonly thought.
The REVS check can give you a bit of info about the vehicle.
It will tell you if it has any money owed on the vehicle (encumbered) in NSW, ACT, NT, QLD, VIC and SA.
It may tell you if it has been reported to the police as stolen
It may tell you if it has been recorded as de-registered by the RTA due to outstanding fines
It may tell you if it has been recorded with the RTA by an insurer as a written-off vehicle
It may tell you if it has been recorded by the Commissioner for Fair Trading as having possible odometer interference.

If you pay for the certificate, the vehicle will not be repossessed due to owed money. Paying for the certificate guarantees that part only, not the other info they can provide. The info on whether the vehicle is stolen or has been written off is not guaranteed by paying for the REVS certificate.


Enjoy your new tracky! :D

Re: homemade contract

Posted: Tue Jan 05, 2010 7:58 pm
by mike-s
To be thorough, names, license numbers, addresses as well as "with all faults, if any" to reduce the chance of legal recourse if the thing grenades it on the first corner for some absurd reason.

Re: homemade contract

Posted: Tue Jan 05, 2010 8:44 pm
by Six Addict
Revs may also tell you that your bikes been registered with the wrong engine number... No kidding... the 6 had been registered incorrectly since it left the showroom floor :roll: