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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.
The V5 document records who the Registered Keeper of the vehicle is; it does not establish legal ownership of the vehicle. These documents used to be blue on the front. However, they were changed to red in 2010/11 after approximately 2.2 million blank blue V5 documents were stolen, allowing thieves to clone stolen vehicles much more easily. [2] [3]
Title deeds vary by design but always include vehicle-specific information at the front of the document (such as: year, make, model, VIN, color, etc.) and several boxes for transaction information at the back where information about change of ownership is recorded (such as sale date, odometer reading, seller and buyer names and signatures, etc ...
Systematic motor-vehicle safety efforts began during the 1960s. In 1960, unintentional injuries caused 93,803 deaths; [5] 41% were associated with motor-vehicle crashes. In 1966, after Congress and the general public had become thoroughly horrified by five years of skyrocketing motor-vehicle-related fatality rates, the enactment of the Highway Safety Act created the National Highway Safety ...
The following outline is provided as an overview of and topical guide to automobiles: . Automobile (or car) – wheeled passenger vehicle that carries its own motor.Most definitions of the term specify that automobiles are designed to run primarily on roads, to have seating for one to six people, typically have four wheels, and be constructed principally for the transport of people rather than ...
Versions of the bill generally have been supported by independent repair and after-market associations and generally opposed by auto manufacturers and dealerships. It was first considered at the federal level in 2001, but no provisions were adopted until the Massachusetts legislature enacted Right to Repair bill H. 4362 on July 31, 2012.
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