Introduction Overview of the company or platform. Definition of terms used (e.g., "vehicle," "surplus," "buyer," "seller"). Eligibility Age restrictions or other criteria to be eligible to participate in surplus vehicle transactions. Vehicle Listing Rules for listing surplus vehicles, including the condition of the vehicle, information required (title, mileage, VIN, etc.), and any warranty or guarantees. Clarification on whether vehicles are sold as-is. Bidding or Purchasing Process Information on how the bidding process works if it's an auction. Payment terms and conditions, including any deposits, methods of payment, and deadlines. Pricing and Payment Clear pricing structure and any additional fees (handling, taxes, shipping). Terms for payment (e.g., full payment within a certain time frame after winning an auction). Transfer of Ownership Details on how the ownership transfer process works, including any necessary paperwork. Responsibilities of both parties (e.g., the buyer may be responsible for registering the vehicle, while the seller provides the title). Inspection and Returns Terms related to vehicle inspection and whether the buyer has the right to inspect before purchase. Information about returns or refunds (if any), typically for issues with the vehicle title or fraudulent representations. Warranties and Disclaimers Clarification on whether vehicles come with warranties or are sold without any warranties. Disclaimers of liability, such as the company not being responsible for vehicle defects after the sale. Shipping and Delivery Terms related to vehicle delivery, including who is responsible for transportation costs, timeframes, and conditions for delivery. Termination of Service Conditions under which a user’s account may be terminated (e.g., failure to make payment, violation of terms). Legal Compliance Ensuring that all transactions comply with local laws regarding vehicle sales and ownership transfer. Dispute Resolution The process for handling disputes, including arbitration or legal recourse if needed.