Real estate sales contract template word – At any time you sell something with someone, you need to establish 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 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 market item contract should also include a disclosure about the item, 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’ve agreed to perform repairs before the final sale.
If you’re selling your privately and you decide to take a delayed payment, you will have to include all information concerning the payment in your sell item contract. This information must include the quantity of cash to be paid, how many installments 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 should also list details about late payment penalties, and once 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 must state whether the product has a clear title, and in what condition the item is titled in. In most states it’s legally required to have a clear title in order to sell a product for anything aside from just parts. If your item doesn’t have a clear title, be certain 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 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 thing contracts easily through free legal form websites or Microsoft template websites. Take a look the sample of real estate sales contract template word below at the attachment page.