Utility trailer bill of sale template – At any time you sell something with somebody, you need to establish a contract. This contract provides protection to you, the seller, and to the buyer. Adding details that will protect the buyer will also attract the purchaser into most likely agreeing into phrases.
The basic information that ought to be in this contract is the make and model, the price, and contact information for both parties. The sell item contract must also include a disclosure about the product, including a list of things that you know have to be fixed. You should also include 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 are selling your privately and you decide to take a delayed payment, you’ll have to include all information concerning the payment in your sell 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 last term of the contract ought to be fulfilled. The item 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.
In addition to the product and price, the thing sell agreement must state whether the item has a clear title, and in what condition 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 other than simply parts. If your item does not have a clear title, make sure the contract clearly states this fact, and that the merchandise is being sold for parts only. Of course, your contract should be signed by all parties, and all parties must be given a copy. Some states require a notary as well, so make certain to check the local laws. You can also find templates for sell item contracts readily through free legal form websites or Microsoft template websites. Check it out the sample of utility trailer bill of sale template below at the attachment page.