Horse sale contract template uk – Whenever you sell something with someone, you will need to set up a contract. This contract will offer protection to you, the seller, and to the purchaser. Adding details that will protect the buyer will also attract the buyer into probably agreeing into phrases.
The basic information which should be in this contract is the make and model, the cost, and contact information for both parties. The sell item contract should also include a disclosure about the product, including a listing of items that you know have 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 before the final sale.
If you’re selling your privately and you decide to take a delayed payment, you will need to include all information relating to the payment in your sell item contract. This information should include the amount of cash to be paid, how many payments will be made, when the installments will be made, and when the final term of the contract ought to be fulfilled. The item sell contract must also list details about late payment penalties, and when the seller has the right to reclaim the property if the arrangement ought to be breached.
In addition to the model and price, the item sell agreement should state whether 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 anything other than just parts. If your item does not have a clear title, make sure that 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 must receive a copy. Some states require a notary as well, so be sure to check the local laws. You might also find templates for sell thing contracts easily through free legal form websites or Microsoft template sites. Take a look the sample of horse sale contract template uk below at the attachment page.