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Sales Contract letter Template




CONTRACT FOR THE SALE OF GOODS


[s-SellerName] (hereinafter referred to as Seller), and [s-BuyerName] (hereinafter referred to as Buyer), hereby agree on this ____ day of _______________, 20 _____, to the following terms.

A.  Identities of the Parties

Seller, whose business address is [s-SellerAddress], in the city of [s-SellerCity], state of [s-SellerState], is in the business of [s-SDescription].  Buyer, whose business address is [s-BuyerAddress], in the city of [s-BuyerCity], state of [s-BuyerState], is in the business of [s-BDescription].

B.  Description of the Goods

Seller agrees to transfer and deliver to Buyer, on or before [s-TransDate], the below-described goods:

[s-GoodsDescription]

C.  Buyer's Rights and Obligations

Buyer agrees to accept the goods and pay for them according to the terms further set forth below.

Buyer agrees to pay for the goods:
  • In full upon receipt
  • In installments, as billed by Seller, and subject to the separate installment sale contract of [date] between Seller and Buyer.
  • Half upon receipt, with the remainder due within 30 days of delivery.

Goods are deemed received by Buyer upon delivery to Buyer's address as set forth above.

Buyer has the right to examine the goods upon receipt and has [s-ExamNumber] days in which to notify seller of any claim for damages based on the condition, grade, quality or quality of the goods.  Such notice must specify in detail the particulars of the claim.  Failure to provide such notice within the requisite time period constitutes irrevocable acceptance of the goods.

D.  Seller's Obligations

Until received by Buyer, all risk of loss to the above-described goods is borne by Seller.

Seller warrants that the goods are free from any and all security interests, liens, and encumbrances.

E.  Attestation

Agreed to this _____ day of _____, 20_____.

By:  ___________________________   Official Title:  ____________________________

On behalf of ______________________________________, Seller
I certify that I am authorized to act and sign on behalf of Seller and that Seller is bound by my actions.  ______  [initial] 

By:  ___________________________   Official Title:  ____________________________

On behalf of  _____________________________________, Buyer

I certify that I am authorized to act and sign on behalf of Buyer and that Buyer is bound by my actions.  ______  [initial] 


[NOTARY STAMP HERE]