Sales agreement contract property – At any time you sell something with somebody, you need to set up a contract. This contract will offer protection to you, the seller, and to the buyer. Adding information that will protect the purchaser will also attract the buyer into most likely agreeing into phrases.
The basic information that 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 item, including a list of items that you know have to be fixed. You should also include a phrase stating that the product is being sold as is, unless of course you have agreed to perform repairs before the last sale.
If you’re selling your privately and you opt to accept a delayed payment, you’ll need to include all information concerning the payment in your market item contract. This information should include the amount of money 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 fees, and once the seller has the right to reclaim the property if the agreement should be breached.
As well as the model and price, the thing sell agreement should state whether the product 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 simply parts. If your item does not have a clear name, make sure 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 thing contracts readily through free legal form sites or Microsoft template sites. Check it out the sample of sales agreement contract property below at the attachment page.