Common use of Purchase of Vehicles Clause in Contracts

Purchase of Vehicles. 1. If the Grantee is provided with written approval from the Department to purchase a vehicle, the title to the vehicle shall be taken in the name of the grantee, with the first lien to the State of New Jersey, Department of Community Affairs, Division of Community Resources. The grantee shall, within ten (10) days after registration of the vehicle, provide the Department with a copy of the registration with recorded lien. 2. The grantee will provide the Department with an annual certificate of insurance, which identifies the Department as the lien holder on the policy of the vehicle for the period of the agreement. 3. The grantee will maintain transportation logs regarding each trip for which each vehicle is utilized. The log should indicate the date, the origin and destination, the purpose and the mileage for each trip. 4. The grantee will provide accessibility to these logs for inspection by Division staff at such times as the Division might deem appropriate. 5. The grantee is prohibited from using these vehicles for any personal use.