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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
In 1956, the United States, Canada, and Mexico came to an agreement with the American Association of Motor Vehicle Administrators, the Automobile Manufacturers Association and the National Safety Council that standardized the size for license plates for vehicles (except those for motorcycles) at 6 inches (15 cm) in height by 12 inches (30 cm) in width, with standardized mounting holes. [2]
Technical information about the vehicle to define its taxation regime, e.g., its gross vehicle weight, motive power, and purchase price when new. The name and address of the purchaser or "registered owner" who would normally possess and use it. If money is owed on the vehicle, the name of the lienholder or "legal owner" to whom this money is owed.
Oklahoma auto insurance laws also require insurance companies to offer uninsured/underinsured motorist coverage with minimum limits of $25,000/$50,000. However, this coverage can be rejected in ...
Some automobile dealers try to include VIN etching as an extra service to boost their profit margin when selling a vehicle; [16] [17] they may even pre-print a charge for VIN etching on the bill of sale, as if to suggest that VIN etching is mandatory rather than an optional, add-on service.
The National Motor Vehicle Title Information System (NMVTIS) is an electronic system that gives valuable information about a vehicle's condition and history. NMVTIS allows consumers to find vehicle information such as title data, most recent odometer reading, history of make and model, and theft records, [1] but not maintenance or repair history or information about manufacturer recalls. [2]
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