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Sample Motor Vehicle Hire Purchase Agreement in Kenya

Document Type
Microsoft Word (Editable)
Pages
7
Price: KES 200
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Document Overview

A Motor Vehicle Hire Purchase Agreement is a formal and legally binding contract between hirer and a seller that allows the hirer to take possession of a motor vehicle while making payments over a specified period.

It typically contains the following key features:
1. Introduction: Date of Agreement and Parties Involved.
2. Vehicle Description:
3. Financial Terms
4. Ownership and Title
5. Delivery
6. Insurance Requirements
7. Maintenance and Repair
8. Use of the Vehicle
9. Risk and Liability
10. Default and Remedies
11. Option to Purchase
12. Termination Conditions
13. Governing Law
14. Dispute Resolution
15. Signatures and Witnesses
among others.

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