Sales contract template in word – At any time you sell something with somebody, you will need to set up a contract. This contract provides protection to you, the seller, and to the purchaser. Adding details that will protect the buyer will also attract the buyer into probably agreeing into terms.
The basic information that ought to 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 listing of items 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’ve agreed to perform repairs prior to the final sale.
If you’re selling your privately and you opt to accept a delayed payment, you will need to include all information concerning the payment in your market item contract. This information must include the quantity of money to be paid, how many payments will be made, once the installments will be made, and when the final term of the contract should be fulfilled. The thing sell contract must also list details about late payment fees, and once the seller has the right to recover the property if the agreement ought to be breached.
In addition to the product and price, the thing sell agreement should state whether or not 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 whatever aside from just parts. If your item does not have a clear title, be certain 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 be given a copy. Some countries require a notary as well, so be sure to check your local laws. You might also find templates for sell item contracts readily through free legal form sites or Microsoft template sites. Have a look the sample of sales contract template in word below at the attachment page.