Draft a sales contract today
A sales contract is an important document for buying and selling valuable items such as cars, boats, motorcycles, dogs, or other movable property. It’s a legally binding contract between the buyer and the seller, outlining the terms of the transaction. The contract acts as a receipt for the deal and specifies details like the purchase price, payment terms, and any warranties. By drafting a clear and legally binding sales contract, you can make sure that the transaction is carried out according to the agreed terms, reducing the risk of misunderstandings and future disputes.
Key points
Regardless of what the purchase involves, the agreement should include the following:
- Details of the parties: Names, addresses, and identification numbers of both the buyer and the seller.
- Description of the item: A detailed description of the item being sold, such as the car’s registration number or the motorcycle’s model and year of manufacture. For a dog, this might include breed, age, and any pedigree certifications.
- Purchase price: The agreed price and payment terms, including any down payments or specific deadlines for payment.
- Warranty and condition: Whether the item is sold with a warranty or “as is” to prevent future disputes.
- Delivery terms: When and how the buyer will take possession of the item.
- Signatures: Both parties must sign the agreement for it to be legally binding.
Specific recommendations for different types of property
Cars, boats, and motorcycles
The sales contract should include vehicle identification numbers and details of inspections. Rules around insurance, ownership transfer, and taxes may also apply.
Dogs
Include whether the dog is registered, vaccinated, and has undergone any health examinations. Note any guarantees regarding the dog’s health.
Other movable property
For movable property, such as furniture or electronics, clearly describe the condition of the item and whether any warranties or return rights are included.
What we help with regarding sales contracts
Legal advice
We guide you through your rights and responsibilities as a buyer or seller and help you understand what should be included in the contract.
Drafting agreements
We help you create a legally valid purchase agreement tailored to the specific property you’re buying or selling, ensuring clarity and protection for both parties.
Contract review
If you receive a purchase agreement to sign, we can review and explain it to ensure you fully understand what you’re agreeing to.
Get legal help today
Do you need help with a sales contract? You can always get in contact with our lawyers within just 24 hours when you need quick answers to your questions. Or you can email or call us whenever you need to hire a lawyer for legal assistance.
FAQ about sales contracts
Do I need a sales contract for movable property?
Yes, a sales contract is always a good idea to have. It serves as a receipt and protects both buyer and seller.
What if I sell a car without a sales contract?
Without a contract, proving that the sale was conducted properly may be difficult. A sales contract is your assurance that both parties agreed on the terms.
Is a sales contract necessary when buying a dog?
Yes, it’s important. It should include details about the dog’s health status, vaccinations, and registration, protecting both buyer and seller in case of future issues.
Can I write a sales contract myself?
Yes, you can draft a one on your own. Alternatively, you can create one and have a lawyer review it to ensure everything is correct.
