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1. Vehicle Information: Detailed identification of the vehicle including make, model, year, VIN/chassis number, registration number, and current mileage
2. Party Details: Full legal names and addresses of both the releasing party (current possessor) and receiving party
3. Release Statement: Clear statement of transfer of possession and/or ownership, including the date and time of release
4. Consideration: Details of any payment or consideration involved in the release
5. Current Condition: Statement about the current condition of the vehicle at time of release
6. Warranties and Representations: Statements about the vehicle's condition, ownership, and any warranties being provided or explicitly excluded
7. Signatures: Space for dated signatures of both parties and witnesses if required
1. Payment Terms: Include when the release involves payment in installments or delayed payment
2. Damage Disclaimer: Additional provisions regarding existing damage or excluding liability for future damage
3. Third Party Authorization: When someone is acting on behalf of either party with proper authorization
4. Insurance Details: When temporary insurance arrangements need to be specified
5. Outstanding Finance Declaration: When there's a need to declare any outstanding finance on the vehicle
6. Return Conditions: For temporary releases, specifying conditions for return of the vehicle
1. Vehicle Condition Report: Detailed report of the vehicle's condition including photographs and noted defects
2. Maintenance Records: History of vehicle maintenance and repairs
3. Previous Owner Documentation: Copies of previous ownership documents if relevant
4. Insurance Certificates: Copies of relevant insurance documentation
5. Payment Schedule: If payment is to be made in installments, detailed payment schedule
Automotive
Transportation
Fleet Management
Vehicle Leasing
Car Dealership
Insurance
Vehicle Finance
Logistics
Vehicle Recovery
Private Transportation
Fleet Operations
Vehicle Sales
Leasing Operations
Finance
Legal
Compliance
Asset Management
Operations
Vehicle Administration
Risk Management
Fleet Manager
Vehicle Sales Manager
Leasing Coordinator
Automotive Finance Manager
Vehicle Recovery Agent
Insurance Claims Handler
Dealership Manager
Transportation Coordinator
Vehicle Administrator
Legal Compliance Officer
Asset Manager
Operations Manager
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ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it


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