Sales contract sample template – At any time you sell something with somebody, you will need to establish a contract. This contract will offer protection to you, the seller, and to the buyer. Adding details that will protect the purchaser will also attract the purchaser into most likely agreeing into phrases.
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 must 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 item is being sold as is, unless of course you have agreed to perform repairs prior to the final sale.
If you’re selling your privately and you opt to take a delayed payment, you’ll have to include all information relating to the payment in your market item contract. This information should include the amount 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 should be fulfilled. The thing sell contract should also list details about late payment penalties, and once the seller has the right to reclaim the property if the agreement ought to be breached.
In addition to the model and price, the thing sell agreement should state whether the product has a clear title, and in what condition the product is titled in. In most states it’s legally required to have a clear title so as to sell a item for whatever aside from just parts. If your item doesn’t have a clear name, be sure that the contract clearly states this fact, and that the merchandise is being sold for parts only. Needless to say, your contract should be signed by all parties, and all parties should receive a copy. Some countries require a notary as well, so make certain to check your local laws. You can also find templates for sell item contracts readily through free legal form sites or Microsoft template websites. Take a look the sample of sales contract sample template below at the attachment page.