Dealership Agreement

DEALERSHIP AGREEMENT
 A dealership agreement is a legal contract that outlines the rights and responsibilities of an
automobile manufacturer and an automobile dealer. A dealer agreement can also govern the
business relationship between a general dealer and a vendor.
 Dealership Agreement means an oral or written agreement, either express or implied, between
a supplier and a dealer which provides that the dealer is granted the right to sell, distribute, or
service the supplier’s equipment, regardless of whether the equipment carries a trade name,
trademark, service mark, logotype, advertisement, or other commercial symbol, and which
provides evidence of a continuing commercial relationship between the supplier and the dealer.
What Are the Components of a Dealership Agreement?
There are a lot of things that you can see in an agreement and learning about them or seeing them for
the first time might just overwhelm you or scare you. Finding out what components are included in a
dealership agreement will surely help you. We have made a list of them below.
 The heading/title bearing the words “dealership agreement”

 The name, address, and contact details of the dealership
 The name, address, and contact details of the other involved party
 The specific terms and conditions of the agreement
 The products involved in the dealership
 The obligations of both the dealer and the other party
 The marketing activities involved
 The trademark and trade names to be used
 The return policy of the agreement
 The clauses and other terms for termination, as well as the effects of terminating the agreement
 The rights of both parties in the agreement
 The statement of confidentiality
 The general provisions, like independent contractors and indemnity clauses, the laws that
govern the dealership agreement, severability clauses, compliance, and any notices
 The liabilities of each party
 The payment details, which includes the total amount to be paid with taxes and other fees,
when payment should be made or the payment schedule, mode of payment, the down payment
needed, credit terms, and many more
 The signature of both parties who are involved in the agreement
 The date and place where the agreement was signed
 The name and signature of the witness who was present during the signing or the transaction
Advantages and Disadvantages of Agreements
Agreements are used for a lot of different things. Different varieties of agreement samples and
templates have come to exist because of the high demand in such document. Even if it is widely used, it
still can’t change the fact that they have advantages and certain disadvantages that you need to look out
for.
 They are legally binding documents and are enforceable in the court of law. Whoever has
agreed to sign the agreement must oblige to the terms and conditions in the agreement.
 Even if the parties involved in it are bound to the stated terms and conditions, there are still
possibilities that it might be violated or breached.
 In the event of a violation or breach, there are remedies for contract breaches that can help fix
the agreement. These remedies cold be lawsuits and payment of huge fines or charges by the
breaching party.
 It provides an outline of the specific terms and conditions of the said agreement that can be
used as reference when either parties claim something that has not been discussed or agreed on
in the agreement.
How to Make a Dealership Agreement
 You need to have a background about agreements in order for you to make one. To help make
the process smooth and easy, here are some steps that would guide you.
 Determine the products and other inclusions of your dealership agreement. So that you will be
able to create a comprehensive one, list down all that you need in its creation. Gather all
necessary information like the name and contact details of the party involved in the agreement
and the specific terms and conditions that they have negotiated with you. You may also see
contract agreement templates.
 Search online and download the dealership agreement template that you see is exactly what
you need. If you can’t find one that is exactly what you want, then download one that is closest
to your needs.
 Open the downloaded file and read the contents or details carefully. Change those items that
are not applicable or should not be included in your dealership agreement. Add anything that
you need to add to the document so that it will become exactly what you want. Just be careful
with making the revisions as you might actually change the meaning of some parts of the
document. You may also like sample vendor contract agreements.
 Now, fill in the required details on the spaces provided for. Here is where you will need the list
of information that you have gathered beforehand.
 After filling in all the needed information, proceed with reviewing and proofreading. Look for
any grammar errors, spelling errors, or parts that does not seem right on your agreement. make
the necessary changes or corrections. You may also check out sponsorship agreement samples
and templates.
 Have someone do another check for you. They might find some of the errors that you have
overlooked.
 After finalizing your document, have it printed and presented to the other party so that you can
seal off the deal.

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DEALERSHIP AGREEMENT

What Are the Components of a Dealership Agreement?

 The heading/title bearing the words “dealership agreement”

Advantages and Disadvantages of Agreements

How to Make a Dealership Agreement

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