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Auto Consignment Agreement Template for Austria

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Key Requirements PROMPT example:

Auto Consignment Agreement

"I need an Auto Consignment Agreement for my luxury car dealership in Vienna, where we'll be handling high-value classic cars worth over 鈧500,000 each, with special requirements for climate-controlled storage and specialized insurance coverage."

Document background
The Auto Consignment Agreement is utilized when a vehicle owner wishes to sell their vehicle through a professional dealership while retaining ownership until sale. This document, governed by Austrian law, establishes the legal framework for the consignment relationship, defining the dealer's authority to market and sell the vehicle, the agreed commission structure, and both parties' obligations. It's particularly relevant for high-value vehicles, classic cars, or situations where owners prefer professional handling of the sale process. The agreement incorporates requirements from Austrian vehicle trading regulations, consumer protection laws, and commercial codes, ensuring compliance with local legal requirements while protecting both parties' interests. Key components include vehicle valuation, insurance requirements, marketing permissions, and sale proceed handling.
Suggested Sections

1. Parties: Identification of the vehicle owner (consignor) and the dealer (consignee) with full legal names and addresses

2. Background: Context of the agreement, including the owner's desire to sell the vehicle through the dealer's services

3. Definitions: Key terms used throughout the agreement, including 'Vehicle', 'Consignment Period', 'Sale Price', 'Commission', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, VIN, registration number, and current condition

5. Appointment and Authority: Scope of dealer's authority to display, market, and sell the vehicle on owner's behalf

6. Consignment Period: Duration of the consignment arrangement, including start date and termination provisions

7. Pricing and Commission: Agreed minimum sale price, commission structure, and payment terms

8. Dealer's Obligations: Responsibilities including vehicle storage, maintenance, marketing, and handling potential buyers

9. Owner's Obligations: Requirements for vehicle documentation, disclosure of defects, and cooperation during sale process

10. Title and Risk: Provisions regarding vehicle ownership, transfer of title, and risk allocation during consignment

11. Insurance and Liability: Insurance requirements and allocation of liability for damage or loss

12. Termination: Circumstances and process for early termination of the agreement

13. Governing Law: Specification of Austrian law as governing law and jurisdiction provisions

Optional Sections

1. Consumer Protection Provisions: Additional provisions required when the owner is a consumer under Austrian law

2. International Sales: Additional provisions for potential international buyers, including export documentation requirements

3. Exclusivity: Optional provisions granting exclusive rights to the dealer

4. Marketing Requirements: Specific requirements or restrictions regarding how the vehicle may be advertised

5. Restoration Services: Additional terms if the dealer will provide restoration or repair services

6. Storage Conditions: Specific requirements for vehicle storage if needed (e.g., indoor, climate-controlled)

7. Test Drive Protocol: Specific procedures and insurance requirements for test drives

Suggested Schedules

1. Vehicle Condition Report: Detailed inspection report documenting the vehicle's condition at consignment

2. Vehicle Documentation: List of all vehicle papers, certificates, and historical documentation

3. Pricing Schedule: Detailed breakdown of pricing strategy, commission rates, and additional fees

4. Insurance Certificates: Copies of relevant insurance policies and certificates

5. Marketing Plan: Optional schedule detailing agreed marketing strategy and channels

6. Service History: Detailed record of vehicle maintenance and repairs

7. Photography Schedule: Comprehensive photographs documenting vehicle condition at consignment

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses



































Relevant Industries

Automotive

Retail

Luxury Goods

Vehicle Trading

Used Car Market

Classic Cars

Automotive Services

Insurance

Transportation

Relevant Teams

Legal

Sales

Operations

Compliance

Risk Management

Vehicle Assessment

Business Development

Finance

Administrative Support

Customer Relations

Relevant Roles

Dealership Manager

Sales Director

Vehicle Sales Representative

Legal Counsel

Compliance Officer

Fleet Manager

Business Development Manager

Operations Manager

Contract Administrator

Risk Manager

Insurance Manager

Vehicle Assessment Specialist

Classic Car Specialist

Automotive Finance Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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