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Elements of a sales agreement Buyer and seller names and contact information. Description of goods, services, or property being purchased. Payment amount, dates, and method. Liability of each party in the case of loss, damage, or delivery failure. Ownership information, such as when ownership formally transfers to the buyer.
This transaction is made in the County of [COUNTY], State of [STATE], on [DATE], by and between: Buyer: [BUYER'S NAME] with a mailing address of [BUYER'S ADDRESS] (?Buyer?), and agrees to purchase the Vehicle from: Seller: [SELLER'S NAME] with a mailing address of [SELLER'S ADDRESS] (?Seller?), and agrees to sell the ...
Representations and warranties consist of statements in the agreement by either the buyer or seller, or both, that certain facts are true. The buyer usually wants as many representations and warranties as possible from the seller.
NOW, THEREFORE, the parties hereby agree as follows: 1) Purchase. The Seller agrees to sell, and the Institution agrees to buy, the Collection for a total purchase price of __________ (?Purchase Price?).
The Seller agrees to sell the Goods to the Buyer for $________________. The Seller will provide an invoice to the Buyer at the time of delivery. All invoices must be paid, in full, within thirty (30) days. Any balances not paid within thirty (30) days will be subject to a five percent (5%) late payment penalty.