The Car Buyer Representation Agreement is essential when engaging professional assistance for vehicle purchases in the Philippines. This document is commonly used when individuals or organizations seek expert help in navigating the complex process of vehicle acquisition, whether for personal use or corporate fleets. It becomes particularly relevant in scenarios involving high-value vehicles, multiple vehicle purchases, or when specialized knowledge of the automotive market is required. The agreement, compliant with Philippine law, establishes the scope of the representative's authority, outlines their responsibilities in vehicle selection, negotiation, and purchase facilitation, and defines the terms of compensation. It includes crucial provisions for consumer protection, professional liability, and dispute resolution, making it a vital tool for both private buyers and corporate entities in the Philippine automotive market. The document's structure accommodates various transaction types, from simple individual purchases to complex fleet acquisitions, while ensuring all parties' rights and obligations are clearly defined under Philippine jurisdiction.
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1. Parties: Identification of the buyer (principal) and the representative (agent), including complete contact details and legal capacity
2. Background: Context of the agreement, including the buyer's intention to purchase a vehicle and need for representation
3. Definitions: Key terms used throughout the agreement, including specific automotive and legal terminology
4. Appointment and Scope of Authority: Formal appointment of representative and detailed outline of authorized activities
5. Representative's Services: Comprehensive list of services to be provided, including vehicle search, inspection, negotiation, and documentation assistance
6. Duties and Obligations of the Representative: Specific responsibilities including due diligence, reporting, and fiduciary duties
7. Duties and Obligations of the Buyer: Buyer's responsibilities including providing accurate requirements, timely responses, and necessary documentation
8. Fees and Payment Terms: Detailed structure of representation fees, payment schedule, and reimbursable expenses
9. Term and Termination: Duration of the agreement and conditions for termination by either party
10. Confidentiality: Obligations regarding confidential information shared during the representation
11. Liability and Indemnification: Extent of representative's liability and mutual indemnification provisions
12. Dispute Resolution: Process for resolving disagreements, including jurisdiction and governing law
13. General Provisions: Standard contract clauses including entire agreement, amendments, and notices
1. Success Fee Structure: Optional section for including performance-based compensation, used when parties agree to success-based payment terms
2. Multiple Vehicle Purchase Terms: Used when the buyer intends to purchase multiple vehicles under the same representation agreement
3. International Purchase Provisions: Required when the scope includes searching for vehicles from international markets
4. Financing Assistance: Optional section detailing representative's role in helping secure vehicle financing
5. Insurance Coordination: Used when the representative will assist in arranging vehicle insurance
6. Power of Attorney: Required when the representative needs formal authority to execute documents on buyer's behalf
1. Schedule A - Vehicle Requirements: Detailed specifications of the desired vehicle(s) including make, model, year, price range, and other preferences
2. Schedule B - Fee Structure: Detailed breakdown of all fees, commissions, and payment terms
3. Schedule C - Required Documents: List of documents required from both parties for vehicle purchase and transfer
4. Schedule D - Service Level Agreement: Specific timelines and performance metrics for the representative's services
5. Appendix 1 - Representative's Credentials: Documentation of representative's qualifications and experience
6. Appendix 2 - Due Diligence Checklist: Standard checklist for vehicle inspection and verification procedures
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