Car sale contract template pdf – At any time you sell something with somebody, you need to establish a contract. This contract provides protection to you, the seller, and also to the purchaser. Adding details that will protect the buyer will also attract the purchaser into most likely agreeing into terms.
The basic information that should be in this contract is the make and model, the cost, and contact information for both parties. The sell item contract must also include a disclosure about the item, including a listing of things that you know need to be fixed. You should also have a phrase stating that the product is being sold as is, unless of course you have agreed to perform repairs prior to the last sale.
If you’re selling your privately and you decide to accept a delayed payment, you’ll have to include all information concerning the payment in your sell item contract. This information should include the quantity of cash to be paid, how many payments will be made, when the payments will be made, and when the last term of the contract ought to be fulfilled. The item sell contract must also list details about late payment fees, and once the seller has the right to reclaim the property if the agreement should be breached.
In addition to the product and price, the item sell agreement must state whether the item has a clear title, and in what condition the product is titled in. In most states it’s legally required to have a clear title so as to sell a product for anything aside from just parts. If your item doesn’t have a clear name, make certain that the contract clearly states this fact, and that the merchandise is being sold for parts only. Needless to say, your contract should be signed by all parties, and all parties must be given a copy. Some countries require a notary as well, so be sure to check the local laws. You can also find templates for sell item contracts easily through free legal form sites or Microsoft template websites. Check it out the sample of car sale contract template pdf below at the attachment page.