agreement letter

[mal7]

i letting a guy coi my bike and i nid to make an agreement letter...how do i go bout dis?...or if someone hav lyke done it b4 send me an email maybe?....thanks...

[hitoshi]

sorry to ride this thread if there is such a way can i get the template as well cause i wanan let someone be my subrider

[blast3dGaL]

hmmm.. you can let a lawyer to do it at a fee of at least $150... you may also write your own get two reliable witnesses to also sign the paper...

 

It can be really simple like:

 

I, NAME of NRIC no. IC NO, the owner of bike model plate number would be adding Subrider name of NRIC no. IC NO as a subrider. With effect of date, subrider shall be the sole rider of bike and shall adhere to its responsibility which includes but not limited to, paying monthly installment of amount to bike shop/money transfer, servicing/maintenance, shall be held responsible for any accidents caused with effect from date mentioned, shall pay all summons incured from date mentioned, (add whatever else you wanna include)

 

Signed by owner,

signature + ic number

Agreed by subrider,

signature + ic number

Witnessed by,

signature1 + ic number

signature2 + ic number

[blast3dGaL]

a lawyers' letter would be more comprehensive..

 

And my example may not be the best.

[BlackDawn]

COI?.... so many things can go wrong & an agreement letter won't stop sh!t from happenning

 

Seller has everything to lose & nothing to gain in a COI transaction.

Edited February 14, 2009 by BlackDawn

[LeXiong]

but letting a stranger to C.O.I is abit dangerous...

if you are lucky, that guy guai guai pay monthly..

if 1st two month pay, next and after M.I.A, crash the bikes or what you ur self oso many troublesome thing... suggest u sell off full cash... or after the buyger to up front 3months then tranfer name lor

[superakan]

My advise is, never COI yourself. Many things can happen. If happen, it will be very troublesome to handle and might even cost you!