Online sales contract template – Whenever you sell something with someone, 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 phrases.
The basic information which ought to 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 product, including a list of items 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 are selling your privately and you opt 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 amount of money to be paid, how many payments will be made, once 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 fees, and when the seller has the right to recover the property if the agreement ought to be breached.
In addition to the model and price, the thing sell agreement should state whether or not the item has a clear title, and in what state the item is titled in. In most states it’s legally required to have a clear title so as to sell a product for anything other than just 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. Of course, your contract should be signed by all parties, and all parties should be given a copy. Some states require a notary as well, so be sure to check the local laws. You might also find templates for sell item contracts readily through free legal form sites or Microsoft template sites. Have a look the sample of online sales contract template below at the attachment page.