DMV Liability Release Layout
DMV Liability Release
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
Company Name: [YOUR COMPANY NAME]
Company Number: [YOUR COMPANY NUMBER]
Company Address: [YOUR COMPANY ADDRESS]
Company Website: [YOUR COMPANY WEBSITE]
Company Social Media: [YOUR COMPANY SOCIAL MEDIA]
Introduction
This DMV Liability Release ("Release") is designed to facilitate vehicle transactions involving dealerships. It ensures that all parties involved in the transaction agree to the terms of the release and acknowledge that the dealership is not liable for future claims or disputes related to the vehicle after the transaction. This Release is intended to protect both the dealership and the buyer by clearly outlining the terms and responsibilities associated with the vehicle sale.
Release of Liability
This Release of Liability is entered into on this August 22, 2050 by and between Elite Auto Sales ("Dealership") with its principal place of business located at 789 Maple Avenue, Springfield, IL 62701 and Olivia Harris ("Buyer").
1. Vehicle Details
The vehicle involved in this transaction is described as follows:
Field |
Description |
---|---|
Vehicle Make |
Toyota |
Vehicle Model |
Camry |
Year |
2020 |
VIN |
4T1BF1FK4LU123456 |
Odometer Reading |
25,000 miles |
2. Release of Liability
The undersigned Buyer acknowledges and agrees to the following:
-
Vehicle Condition: The vehicle is sold "as is," and the Dealership makes no warranties or representations regarding the condition or performance of the vehicle.
-
Release of Claims: Buyer hereby releases, discharges, and holds harmless the Dealership, its employees, officers, and agents from any and all claims, demands, liabilities, or causes of action that may arise after the purchase of the vehicle.
-
No Future Claims: Buyer agrees not to make any claims or demands against the Dealership related to the vehicle, including but not limited to defects, repairs, or performance issues.
-
Acknowledgment of Terms: Buyer acknowledges having read and understood this Release and agrees to abide by its terms.
3. Governing Law
This Release shall be governed by and construed in accordance with the laws of the state in which the Dealership operates.
4. Signatures
By signing below, both parties agree to the terms and conditions outlined in this Release.
Dealership Representative:
Name: Liam Turner
Title: Sales Manager
Date: August 22, 2050
Buyer:
Name: Olivia Harris
Date: August 22, 2050
For further information or questions about this Release, please contact [YOUR NAME] at [YOUR EMAIL].