Personal watercraft bill of sale template – Whenever you sell something with somebody, you will need to set up a contract. This contract will offer protection to you, the seller, and also to the buyer. Adding details that will protect the buyer will also bring in the buyer into most likely agreeing into phrases.
The basic information that ought to be in this contract is the make and model, the price, 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 need to be fixed. You should also include a phrase stating that the product 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 opt to accept a delayed payment, you’ll need to include all information relating to the payment in your sell item contract. This information should include the quantity of cash to be paid, how many payments will be made, once the payments will be made, and when the final term of the contract should be fulfilled. The thing sell contract should also list details about late payment fees, and when 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 should state whether or not the item has a clear title, and in what state the item 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 doesn’t have a clear title, be certain the contract clearly states this fact, and that the merchandise is being sold for parts only. Of course, your contract should be signed by all parties, and all parties should receive a copy. Some states require a notary as well, so be sure to check your local laws. You can also find templates for sell item contracts readily through free legal form sites or Microsoft template websites. Check it out the sample of personal watercraft bill of sale template below at the attachment page.