BUYER AGREES TO COMPLETE
THE TRANSFER OF OWNERSHIP AND REGISTER THIS VEHICLE WITHIN TEN (10) DAYS AFTER
THE DATE ENTERED ON THE BILL OF SALE OR TRANSFER FORM EXECUTED BY THE SELLER.
BUYER'S COMPLIENCE MUST BE PROVEN BY ONE OF THE FOLLOWING DOCUMENTS DATED
WITHIN THE TIME PERIOD SPECIFIED; CERTIFICATE OF OWNERSHIP AND REGISTRATION OR
FEE RECEIPT AND TEMPORARY OPERATING PERMIT OF ANY OTHER DOCUMENT PROVIDED BY
THE CALIFORNIA DEPARTMENT OF MOTOR VEHICLES WHICH INDICATES THE BUYER IS THE
CURRENT OWNER OF THE VEHICLE/VESSEL AND THAT SUCH VEHICLE/VESSEL IS DULY
REGISTERED.
BUYER WARRANTS THAT THEY
SHALL ENDEMNIFY, HOLD HARMLESS, AND PAY REASONABLE ATTORNEY FEES AND COSTS TO
THE SELLER AND THEIR AGENTS FOR ANY AND ALL CLAIMS ARISING OUT THE BUYER'S
FAILURE TO TRANSFER AND REGISTER THE VEHICLE/VESSEL AS SET FORTH ABOVE. FAILURE
TO REGISTER THE VEHICLE/VESSEL AS SET FORTH ABOVE WILL RESULT IN PENALTIES TO
THE BUYER AS REQUIRED BY THE CALIFORNIA VEHICLE CODE.
BUYER FURTHER UNDERSTANDS
THAT THE VEHICLE/VESSEL IS PURCHASED AS
IS, AND THAT THE SELLER HAS NO KNOWLEDGE OF THE
MECHANICAL CONDITION OF THE VEHICLE/VESSEL, AND THAT THE VEHICLE/VESSEL IS
BEING SOLD WITHOUT ANY GUARANTEES, EXPRESSED OR IMPLIED, AND THAT THE
VEHICLE/VESSEL MAY OR MAY NOT COMPLY WITH CURRENT STATE OR FEDERAL SAFETY,
SMOG, AND/OR OTHER REQUIREMENTS. IN ACCORDANCE WITH SECTION 5900 OF THE
CALIFORNIA VEHICLE CODE, THE SELLER WILL NOTIFY THE DEPARTMENT OF MOTOR
VEHICLES WITHIN FIVE (5), DAYS OF THIS TRANSFER GIVING THE DATE, VEHICLE
DESCRIPTION, ODOMETER READING, AND THE BUYER'S NAME AND ADDRESS.
BUYER ALSO UNDERSTANDS
THAT UNLESS THEY ARE A LICENSED DEALER, OR UNLESS THE VEHICLE IS BEING
PURCHASED FOR THE PURPOSE OF BEING WRECKED OR DISMANTLED, OR PURCHASED FOR
EXCLUSIVE OFF-HIGHWAY USE, THAT CALIFORNIA LAW REQUIRES THE BUYER OBTAIN A
CERTIFICATE OF COMPLIANCE OR NONCOMPLIANCE FROM AN ENHANCED SMOG STATION, ISSUED
IN ACCORDANCE WITH SECTION 44015 OF THE HEALTH AND SAFETY CODE AND REGISTER THE
VEHICLE WITH THE DEPARTMENT OF MOTOR VEHICLES. FAILURE TO COMPLY WITH THIS
PROVISION WILL RESULT IN A LIEN AGAINST ANY VEHICLE OWNED BY THE BUYER PURSUANT
TO SECTION 1076 OF THE REVENUE AND TAXATION CODE, ENFORCEABLE PURSUANT TO
SECTION 10877 OF THE REVENUE AND TAXATION CODE AND ARTICLE 6 (COMMENCING WITH
SECTION 9800) OF CHAPTER 6 OF DIVISION 3.
BUYER SHOULD NOTE THAT THE
LAST REGISTRATION FOR THIS VEHICLE HAS EXPIRED. THIS MAY RESULT IN ADDITIONAL
PENALTIES AND FEES REQUIRED TO REGISTER THIS VEHICLE WITH THE DEPARTMENT OF
MOTOR VEHICLES.
