District of Columbia Conditional Sales Contract

State:
Multi-State
Control #:
US-01690-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample conditional sales contract for the sale of goods owned by one party by a seller to third parties, but various conditions protecting owner's interest apply. Adapt to fit your circumstances.
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FAQ

Statute of limitations in contracts for sale. (1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

Under the District of Columbia law, the statute of limitations depends on the severity of the crime you face, ranging from three years to no time limit. First or second-degree murder: No time limit. Murder of a law enforcement officer or public safety employee: No time limit.

A claim for breach of contract generally requires showing the existence of a valid contract, a duty arising out of the contract, a breach of the duty, and damages resulting from the breach.

In a conditional sales agreement, a buyer takes possession of an asset, but its title and right of repossession remain with the seller until the purchase price is fully paid. If the buyer defaults, the seller can repossess the property.

Every contract or duty within this chapter imposes an obligation of good faith in its performance or enforcement. For purposes of this chapter, the term ?good faith? means honesty in fact in the conduct or transaction concerned and the observance of reasonable commercial standards of fair dealing.

Statute of Limitations for No-Contact Orders in DC The imported statute of limitations for filing a civil protection order in DC is three years. In other words, if the respondent committed a criminal offense against you more than three years ago, then you will not be able to rely on that offense to make your case.

Washington D.C.'s standard statute of limitations period is three years. There are different exceptions for certain causes of action and where otherwise established by law, however.

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District of Columbia Conditional Sales Contract