If the Buyer Needs Possession Prior to Closing a Separate

question 22

True/False

If the buyer needs possession prior to closing a separate rental agreement should be used.

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Definitions:

OOS Criteria

Stands for Out Of Service Criteria, which are regulations determining when a vehicle or component is considered unsafe and must be removed from service.

CVSA

The Commercial Vehicle Safety Alliance (CVSA) is an organization that promotes commercial vehicle safety and security by setting inspection standards and practices.

Fifth Wheel Pivot Pin

A pin that allows the fifth wheel plate on a tractor-trailer to pivot, facilitating the turning of the trailer.

OOS Specification

Specifications that detail the criteria under which a vehicle or component is considered Out of Service due to safety or regulatory non-compliance.