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Vehicle Deposit Agreement

Vehicle Deposit Agreement Template for Switzerland

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Key Requirements PROMPT example:

Vehicle Deposit Agreement

"I need a Vehicle Deposit Agreement for storing my collection of three vintage Ferraris in a climate-controlled facility in Geneva, with specific provisions for monthly maintenance checks and detailed insurance coverage for vehicles valued over €5 million each."

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Document background
The Vehicle Deposit Agreement is essential for situations requiring professional storage and safekeeping of vehicles in Switzerland. This document is commonly used by luxury car owners, collectors, dealers, and storage facilities to establish clear terms for vehicle storage arrangements. It addresses key aspects such as storage conditions, security measures, access rights, insurance requirements, and liability allocation. The agreement is structured in accordance with Swiss law, particularly the Swiss Civil Code (ZGB) and Swiss Code of Obligations (OR), ensuring compliance with local regulations regarding bailment contracts and vehicle custody. It's particularly relevant for high-value vehicles, classic cars, or situations requiring long-term professional storage solutions.
Suggested Sections

1. Parties: Identification of the depositor (vehicle owner) and depositary (storage facility/custodian), including full legal names and addresses

2. Background: Context of the agreement, including the purpose of the vehicle deposit and any relevant circumstances

3. Definitions: Definitions of key terms used throughout the agreement, including 'Vehicle', 'Deposit Period', 'Storage Facility', etc.

4. Subject Matter: Description of the vehicle being deposited and confirmation of the deposit arrangement

5. Term: Duration of the deposit agreement, including start date and end date or conditions for termination

6. Depositary's Obligations: Core responsibilities including storage conditions, security measures, and standard of care

7. Depositor's Obligations: Responsibilities of the vehicle owner, including payment terms and vehicle condition requirements

8. Fees and Payment: Detailed breakdown of storage fees, payment schedule, and payment methods

9. Vehicle Access: Terms and conditions for accessing the vehicle during the deposit period

10. Liability and Insurance: Allocation of risk and responsibility for damage or loss

11. Termination: Conditions and procedures for ending the agreement

12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes

Optional Sections

1. Additional Services: Include when the depositary provides additional services such as maintenance, cleaning, or battery charging

2. Security Measures: Include when specific security arrangements need to be detailed beyond standard storage conditions

3. Emergency Procedures: Include when specific emergency protocols need to be established

4. Environmental Conditions: Include for specialty vehicles requiring specific storage conditions

5. Sub-contractors: Include when the depositary may need to engage third parties for specific services

6. Force Majeure: Include when specific force majeure provisions are needed beyond standard contract terms

7. Assignment: Include when transfer of rights needs to be specifically addressed

Suggested Schedules

1. Schedule 1 - Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, condition report, and photographs

2. Schedule 2 - Fee Schedule: Detailed breakdown of all applicable fees and payment terms

3. Schedule 3 - Storage Facility Details: Description and specifications of the storage facility and security measures

4. Schedule 4 - Check-in/Check-out Procedures: Detailed procedures for depositing and collecting the vehicle

5. Schedule 5 - Insurance Certificates: Copies of relevant insurance policies and certificates

6. Appendix A - Condition Report Form: Template for recording vehicle condition at check-in and check-out

7. Appendix B - Access Authorization Form: Template for authorizing third-party access to the vehicle

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Automotive

Luxury Goods

Transportation

Logistics

Storage Services

Insurance

Classic Cars

Vehicle Fleet Management

Private Banking

Wealth Management

Relevant Teams

Legal

Operations

Facilities Management

Risk and Compliance

Property Management

Asset Management

Customer Service

Insurance

Contract Administration

Security

Relevant Roles

Facility Manager

Legal Counsel

Operations Director

Fleet Manager

Insurance Manager

Compliance Officer

Property Manager

Vehicle Collections Curator

Logistics Manager

Risk Manager

Contract Administrator

Storage Operations Supervisor

Asset Manager

Wealth Management Advisor

Industries
Swiss Civil Code (ZGB) Art. 472-491: Provisions governing custody and bailment relationships, defining the basic rights and obligations of the depositor and depositary
Swiss Code of Obligations (OR) Art. 184-186: General provisions on contracts, including formation and validity requirements applicable to deposit agreements
Swiss Code of Obligations (OR) Art. 472-491: Specific provisions on depositum (deposit contracts), including duties of care, return obligations, and liability
Federal Road Traffic Act (SVG): Regulations concerning vehicle ownership, registration, and liability which may affect deposit terms
Swiss Code of Obligations (OR) Art. 100-101: Provisions regarding limitation of liability in contracts, which are relevant for defining depositary's responsibility
Federal Act on Data Protection (FADP): Regulations concerning the handling of personal data in contractual relationships
Swiss Code of Obligations (OR) Art. 394-406: Provisions on mandate contracts which may apply by analogy to certain aspects of vehicle custody
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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