Trailer sales contract template – Whenever you sell something with somebody, you will need to set up a contract. This contract will offer protection to you, the seller, and also to the buyer. Adding details 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 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 have a phrase stating that the item is being sold as is, unless of course you’ve agreed to perform repairs before the last sale.
If you’re selling your privately and you decide to accept a delayed payment, you will need to include all information concerning the payment in your sell item contract. This information must include the amount of money to be paid, how many payments will be made, once the installments will be made, and when the last term of the contract ought to be fulfilled. The item sell contract should also list details about late payment penalties, and once the seller has the right to recover the property if the arrangement should 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 is legally required to have a clear title in order to sell a item for whatever aside from simply parts. If your item doesn’t have a clear title, make certain that the contract clearly states this fact, and that the item 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 be sure to check the local laws. You can also find templates for sell item contracts readily through free legal form websites or Microsoft template websites. Have a look the sample of trailer sales contract template below at the attachment page.