Vehicle sale contract template australia – Whenever you sell something with someone, you need to set up a contract. This contract provides protection to you, the seller, and to the buyer. Adding information that will protect the purchaser will also attract the purchaser into probably 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 should also include a disclosure about the product, including a list of things 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 before the last sale.
If you’re selling your privately and you opt to take a delayed payment, you will 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 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 should also list details about late payment fees, 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 item sell agreement must state whether or not the product has a clear title, and in what condition the item is titled in. In most states it is legally required to have a clear title in order to sell a item for anything aside from just parts. If your item doesn’t have a clear title, make sure 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 should be given a copy. Some countries require a notary as well, so make certain to check the local laws. You can also find templates for sell thing contracts readily through free legal form sites or Microsoft template sites. Take a look the sample of vehicle sale contract template australia below at the attachment page.