Sale of Goods Agreement
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Sale of Goods Agreement
Agreement made _____________ (date), between _________________________, of _________________________________ (address), _____________________ (city), ______________ (county), ________________ (state), in this agreement referred to as seller, and ___________________, of ____________________________ (address), __________________ (city), __________________ (county), _____________ (state), in this agreement referred to as buyer.
SECTION ONE: SALE OF GOODS
Seller shall sell, transfer and
deliver to buyer on or before ____________________ (date), the following personal
property: ____________________________________________________________
____________________________________________________________
____________________________________________________________
(description of goods).
SECTION TWO: CONSIDERATION
Buyer shall accept the goods
and pay ________________________________________ Dollars ($ ________ ) for the goods.
SECTION THREE: IDENTIFICATION
OF GOODS
Identification of the goods to
this agreement shall not be deemed to have been made until both buyer and seller
have specified that the goods in question are to be appropriated to the
performance of this agreement.
SECTION FOUR: PAYMENT ON
RECEIPT
Buyer shall make payment for
the goods at the time when, and at the place where, the goods are received by
buyer.
SECTION FIVE: RECEIPT CONSTRUED
AS DELIVERY
Goods shall be deemed received
by buyer when delivered to buyer at ________________________________________ (address), __________ (city),
__________ (county), __________ (state).
SECTION SIX: RISK OF LOSS
The
risk of loss from any casualty to the goods, regardless of the cause, shall be
the responsibility of the seller until the goods have been accepted by the
buyer.
SECTION SEVEN: WARRANTY OF NO
ENCUMBRANCES
Seller warrants that the goods
are now free, and that at the time of delivery shall be free from any security
interest or other lien or encumbrance.
SECTION EIGHT: WARRANTY OF
TITLE
Furthermore,
seller warrants that at the time of signing this agreement, seller neither knows
nor has reason to know of the existence of any outstanding title or claim of
title hostile to the rights of seller in the goods.
SECTION NINE: RIGHT OF
INSPECTION
Buyer
shall have the right to inspect the goods on arrival and, within _______
business days after delivery, buyer must give notice to seller of any claim for
damages on account of condition, quality or grade of the goods, and buyer must
specify the basis of the claim of buyer in detail. The failure of buyer to
comply with these conditions shall constitute irrevocable acceptance of the
goods by buyer.
In witness whereof, the parties have executed this agreement at ________________________________________ (designate place of execution) the day and year first above written.
_________________________
Signature
_________________________
Signature
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