Used car bill sale template – At any time you sell something with somebody, you will need to set up a contract. This contract will offer protection to you, the seller, and to the purchaser. Adding information that will protect the buyer will also bring in the buyer into probably agreeing into terms.
The basic information which should be in this contract is the make and model, the cost, and contact information for both parties. The sell item contract must also include a disclosure about the product, including a listing of things that you know need 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 accept a delayed payment, you’ll need to include all information concerning the payment in your market item contract. This information must include the quantity of cash to be paid, how many installments will be made, when 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 penalties, and when the seller has the right to recover the property if the agreement should be breached.
As well as the model and price, the thing sell agreement must 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 in order to sell a item for anything aside from simply parts. If your item doesn’t have a clear title, be certain 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 should be given a copy. Some states require a notary as well, so be sure to check your 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 used car bill sale template below at the attachment page.