(Motorcycle/Land lease Agreement)

1. THE PARTIES TO THIS MOTORCYCLE SALES /LAND LEASE AGREEMENT ARE:

1.1 THE SELLER:( MOTORCYCLE)

Full Name(s):………………………………………………….ID.NO……………..…SIGN………....

1.2 THE BUYER :( LAND LEASER)

Full Name(s):…………………………………………………..ID.NO……………..… SIGN………....

The parties choose the above stated addresses as their physical addresses at which legal proceedings may be
instituted.

2. THE OBJECT OF THE SALE IS:

2.1 Make and Color : BLACK Model: BOXER Year Built:2019

2.2 Motorcycle Identification Number (VIN): KMFA101S

While the cost of the land lease is ………………………………………. cultivated with Napier grass.

3. CONDITIONS:

THAT the Motorcycle owner (Seller) has agreed to sell his motorcycle to the other party (Leaser)
in exchange of Land lease for a period of……………………..years
THAT the starting date for ownership is from…………………………to……………………
THAT cost of the motorcycle as per the agreement date is……………………………
In words (…………………………………………………………………………).

THAT the (motorcycle seller) has identified the plot parcel and has been satisfied as to its boundaries.

THAT the (Land leaser) has identified motorcycle and has been satisfied as to its condition.

THAT whoever breaches the terms and conditions of this agreement shall compensate the innocent
party thrice the agreement price and any expenses incurred.
THAT both parties have read and understood the contents of this agreement.
That the Leases( motorcycle seller) has agreed not to cultivate another crop on the said parcel of
land other than Napier grass for the entire period of the agreement.
6. TRANSFER OF OWNERSHIP AND COSTS:

The Parties agree to sign all documents necessary to transfer ownership of the motorcycle from the
Seller onto the Leaser.

7. PURCHASE PRICE:

The Purchase price is the sum of ……………………………………………Kshs………………..

The motorcycle will only be delivered to the Buyer once payment has been received in full.
IN WITNESS WHEREOF, Buyer and Seller have executed, entered into and delivered this Agreement as of
the date first set forth above.

This Bill of Sale/Lease is made this _____ day of ____________, 20 ___, by

Seller’s witnesses

Name(s): ____________________________ID_______________________SIGN____________

Name(s): ____________________________ID_______________________SIGN____________

Name(s): ____________________________ID_______________________SIGN____________

Buyer’s witnesses

Name(s): ____________________________ID_______________________SIGN____________

Name(s): ____________________________ID_______________________SIGN____________

Name(s): ____________________________ID_______________________SIGN____________