Sales contract non refundable deposit template – Whenever you sell something with somebody, you will need to establish a contract. This contract provides protection to you, the seller, and also to the buyer. Adding information that will protect the buyer will also attract the buyer into probably 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 market item contract should also include a disclosure about the product, 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’ve agreed to perform repairs before 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, when the installments will be made, and when the last term of the contract should be fulfilled. The item sell contract should also list details about late payment penalties, and when the seller has the right to reclaim the property if the arrangement ought to be breached.
In addition to the product and price, the thing sell agreement should state whether the product has a clear title, and in what state the product is titled in. In most states it’s legally required to have a clear title so as to sell a item for anything other than just parts. If your item does not have a clear name, make 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 must receive a copy. Some states require a notary as well, so make certain to check the local laws. You might also find templates for sell thing contracts readily through free legal form websites or Microsoft template sites. Have a look the sample of sales contract non refundable deposit template below at the attachment page.