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Conditional Sale Agreement Template

Used 4,940 times

Prepared by:

Name: [Seller.FirstName][Seller.LastName]

Company: [Seller.Company]

Phone: [Seller.Phone]

Email: [Seller.Email]

Address: [Seller.StreetAddress][Seller.City], [Seller.State][Seller.PostalCode]

Conditional Sale Agreement Template

Image 1

Prepared for:

Name:[Buyer.FirstName][Buyer.LastName]

Company:[Buyer.Company]

Phone:[Buyer.Phone]

Email:[Buyer.Email]

Address:[Buyer.StreetAddress][Buyer.City], [Buyer.State][Buyer.PostalCode]

This Conditional Sale Agreement (hereinafter the “Agreement”) made and entered into this [Document.CreatedDate], by and between:

Name: [Buyer.FirstName][Buyer.LastName], [Buyer.Company] ("Buyer") and

Name: [Seller.FirstName][Seller.LastName], [Seller.Company] ("Seller");

Hereinafter, the Buyer and the Seller are collectively referred to as "Parties."

WHEREAS, the Seller is in the business of selling various goods and items (hereinafter “Goods”) to the Buyer; and WHEREAS, the Buyer desires to purchase the Goods from the Seller.

Description of Goods

The Seller agrees to sell, and the Buyer agrees to buy, the following Goods from the Seller:

(insert the description of the goods, including information like model, make, quantity, color, condition, etc.)

Purchase Price

The agreed purchase price for the Goods is (insert the total price of the goods) payable in (insert terms of payment, e.g., cash, bank transfer, check, credit card, etc.). The Buyer will pay the Seller in installments of (insert the amount to be paid per installment), due on or before the (insert due date for each month, e.g., before the 7th of each month) each month.

Title transfer

The title or the ownership of the Goods shall be automatically transferred to the Buyer upon the full payment of the purchase price.

Delivery of Goods

The Seller shall deliver the Goods to the Buyer at the agreed time and place. If the Seller fails to deliver the Goods at the agreed time and place, the Buyer shall have the right to terminate this Agreement without any liability.

Date:(month, day, year)

Place:(Place.StreetAddress)

Terms and conditions

  1. Buyer shall make payment for the Goods as per the terms outlined in this Agreement.

  2. Rights of ownership and repossession of the goods shall remain with the Seller until the Buyer has made the payment in full.

  3. Seller is not responsible or liable if any damage is incurred to the Goods while in the Buyer’s possession.

  4. Buyer must provide proof of identity and address in order to complete the purchase

Termination

Either Party can terminate this Agreement if any one Party fails to fulfill the terms laid out in this Agreement.

The non-breaching party shall notify the other party in writing of the breach and request that the breaching party remedy the breach within a reasonable time, not exceeding (insert the number, e.g., fifteen) days.

If the breaching party fails to remedy the breach within the given time, the non-breaching party may terminate this Agreement.

Governing Laws

This Agreement shall be governed by and construed under the laws of the State of [Seller.State].

Agreed and Accepted

IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date first above written.

Signature
MM / DD / YYYY

[Buyer.FirstName][Buyer.LastName]

[Buyer.Company]

Signature
MM / DD / YYYY

[Seller.FirstName][Seller.LastName]

[Seller.Company]

Conditional Sale Agreement Template

Used 4,940 times

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