Car sales contract template word – 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 buyer. Adding information that will protect the buyer will also attract the purchaser into most likely agreeing into terms.
The basic information which should be in this contract is the make and model, the price, 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 include a phrase stating that the item is being sold as is, unless of course you’ve agreed to perform repairs prior to the final sale.
If you’re selling your privately and you decide to accept a delayed payment, you’ll need to include all information relating to the payment in your market item contract. This information must include the quantity of money to be paid, how many installments will be made, once the installments will be made, and when the last term of the contract should be fulfilled. The thing sell contract should also list details about late payment penalties, and once the seller has the right to reclaim the property if the agreement ought to be breached.
In addition to the product and price, the item sell agreement should state whether or not the item has a clear title, and in what state the product is titled in. In most states it is legally required to have a clear title in order to sell a item for whatever other than simply parts. If your item does not have a clear name, be sure the contract clearly states this fact, and that the item is being sold for parts only. Needless to say, your contract should be signed by all parties, and all parties should receive a copy. Some states require a notary as well, so make certain to check the local laws. You might also find templates for sell thing contracts readily through free legal form sites or Microsoft template sites. Check it out the sample of car sales contract template word below at the attachment page.