Maine Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website

State:
Multi-State
Control #:
US-01815BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website
  • Preview Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website

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FAQ

The buyer should carry the original agreement with him to the office of sub-registrar and once the cancellation deed is made then only it should be returned to him. Original sale agreement is in whose custody.

A purchase agreement is a legally binding contract between a buyer and seller. These agreements usually relate to the buying and selling of goods instead of services, and they can cover transactions for just about any type of product.

A representation is basically an assertion of a past or existing fact, true on the date that it is made. It is generally given to induce another party to enter into a contract. A warranty on the other hand, is similar to a representation but it refers to the present or future i.e. a present or future promise of a fact.

Types of purchase agreements. There are four primary types of purchase orders: standard, planned, blanket, and contract. The difference between them depends on the amount of information known when the order is made. Beyond these four categories, your purchase agreement can be as unique as your transaction or project.

The purchase agreement outlines the buyer's offer price, along with contingencies, financing terms, closing costs, possession date, and more. You must meticulously review the purchase agreement before you sign and turn the document into a legally binding sales contract.

A buyer's agent prepares a purchase agreement as their client's formal offer on a property, then sends the offer to the seller's listing agent. The listing agent presents the document to the seller. If the seller isn't happy with the offer, they can decline or counteroffer, usually within 24 hours.

As discussed above, a purchase agreement should contain buyer and seller information, a legal description of the property, closing dates, earnest money deposit amounts, contingencies and other important information for the sale.

Keep an Original Signed Copy of the Contract in Your Files That means if there are two parties to the contract, two identical contracts must be signed. One original copy of the contract should go to you, and one original copy should go to the other party.

A customer agreement is a legally binding company contract between your company and customers, specifying the terms and conditions for using your products and services.

An asset purchase agreement is a legal contract to buy the assets of a business. It can also be used to purchase specific assets from a business, especially if they are significant in value.

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Maine Agreement Regarding Representations and Warranties for Goods Purchased and to be Re-Sold on Purchaser's Website