Sales of goods contract template – 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 purchaser. Adding details that will protect the buyer will also bring in the purchaser 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 market item contract must also include a disclosure about the item, including a list of things 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 prior to the final sale.
If you are selling your privately and you opt to take a delayed payment, you’ll need to include all information relating to the payment in your market item contract. This information must include the quantity of cash to be paid, how many payments will be made, once the installments will be made, and when the final term of the contract ought to be fulfilled. The thing sell contract should also list details about late payment fees, and when the seller has the right to recover the property if the agreement ought to be breached.
In addition to the model and price, the thing sell agreement must 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 in order to sell a product for anything aside from simply 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 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 item contracts readily through free legal form sites or Microsoft template sites. Check it out the sample of sales of goods contract template below at the attachment page.