How to Ensure that your Contracts of Sale Comply with New Rules

How to Ensure that your Contracts of Sale Comply with New Rules

1 December 2021|Member Alert, News

After the announcement by the Department of Local Government, Industry Regulation and Safety (WA) relating to the Dealer’s Right to Terminate the Contract, an easy amendment can be made to ensure that your S08 Forms comply.

Follow this process:

Strikeout 15%, write 5% and the Purchaser / Dealer must ‘initial’ the Change: See below example

Once you have performed the steps above, the Purchaser & Dealer can then proceed to sign the Contract of Sale of a Motor Vehicle (S08)
Once you have performed the steps above, the Purchaser & Dealer can then proceed to sign the Contract of Sale of a Motor Vehicle (S08)

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