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Can you explain how selling a car works?

Selling a car involves finding a buyer, negotiating a price, completing paperwork, transferring ownership, and receiving payment. The seller must provide necessary documents like the title and bill of sale, and may need to cancel insurance and registration. The buyer typically pays the agreed-upon amount and takes possession of the car.


Do insurance companies require a copy of receipt when a roof was replaced in order to insure a new buyer?

A receipt is not usually required in order to insure the home, however it would be required if you were receiving a discount due to your roof being newer.


CAN you cancel a purchase?

No you cannot. The Buyer's Remorse law does not apply to the purchase of a vehicle.


Can you cancel a car purchase?

No you cannot. The Buyer's Remorse law does not apply to the purchase of a vehicle.


If you signed a purchase contract stating that the buyer would finance can you cancel the contract if you can't get a loan?

It depends upon the specific terms and conditions of the contract. If the contract simply states it is the buyer's obligation to secure financing, then you can NOTcancel the contract. If the contract states that the agreement is conditional upon the buyer's ability to secure a loan, then you CAN cancel the contract.


When may a buyer cancel a contract?

This question is specific to the buyers contract, you should reference that document to answer this question.


How can you cancel an auto bill of sale?

In most states a person can cancel an auto bill of sale due to a few reasons. The first is called reverse buyer's remorse where the buyer has three business days to return the car. Other reasons are if the vehicle is unsafe or in poor condition.


What is cad payment in shipment?

CAD, or Cash Against Documents, is a payment method used in international trade where the buyer makes payment to the seller's bank in exchange for shipping documents. These documents, typically including the bill of lading and invoice, allow the buyer to take possession of the goods once payment is made. CAD provides a level of security for sellers, as they retain control over the goods until they receive payment, while buyers benefit from receiving the goods promptly after payment. This method is commonly used in transactions where trust between parties is established.


Can you cancel your purchase within 3 days in NC?

No you cannot. The Buyer's Remorse law does not apply to the purchase of a vehicle.


Can you cancel a Sprint contract within 30 days for buyer's remorse?

Yes. As long as its within 30 days you can.


What is the typical amount required for a first time buyer deposit?

The typical amount required for a first-time buyer deposit is around 5-20 of the home's purchase price.


Is it compulsory to present the documents to bank for payment terms CAD 60 days?

Yes, it is typically compulsory to present the required documents to the bank for payment terms under a Cash Against Documents (CAD) arrangement, regardless of the payment term duration, such as 60 days. The documents serve as proof of shipment and compliance with the terms of the sale. The bank will only release the documents to the buyer upon payment or as per the agreed terms. Failure to present the necessary documents may result in delays or non-payment.