Sale contract form word – At any time you sell something with someone, 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 purchaser will also attract the buyer into probably agreeing into phrases.
The basic information that ought to 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 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 have agreed to perform repairs before the last sale.
If you are selling your privately and you decide to take a delayed payment, you will have 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 payments 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 reclaim the property if the arrangement ought to be breached.
As well as the product and price, the item sell agreement should state whether 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 in order to sell a item for whatever other than just parts. If your item does not have a clear name, be certain that 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 countries require a notary as well, so be sure to check the local laws. You might also find templates for sell item contracts easily through free legal form websites or Microsoft template websites. Take a look the sample of sale contract form word below at the attachment page.