Table of Contents
- Agreement Template Bundle
- Business Agreement Template Bundle
- 8 Steps for Creating a Purchase Agreement
- 10+ Purchase Agreement Templates
- 1. Car Purchase Agreement Template
- 2. Property Purchase Agreement Sample Template
- 3. Vehicle Purchase Agreement Template
- 4. Equipment Purchase Agreement Template
- 5. Land Purchase Agreement Template
- 6. Boat Purchase Agreement Template
- 7. Purchase and Sale Agreement Template
- 8. Restaurant Purchase and Sale Agreement Template
- 9. Asset Purchase Agreement For a Retail Business Template
- 10. Stock Purchase Agreement Template
- 11. Share Purchase Agreement Template
10+ Purchase Agreement Templates
Before finalizing a purchase, it is usually required that there is a legal document that outlines all of the terms and conditions related to the sale. This type of legal document is what you would call a purchase agreement. This article will provide you with the information you need in order for you to learn how to properly create one.
Agreement Template Bundle
Business Agreement Template Bundle
8 Steps for Creating a Purchase Agreement
Step 1: Identify the Parties Involved
When making any kind of purchase agreement, it is important that the document identifies the parties involved. This means that the complete names of the individuals or businesses who have entered the purchase agreement must be written down. The document must also point out which party is the buyer and which one the seller.
Step 2: Describe the item being purchased.
It is very important that the agreement accurately describes the item that is being purchased. Make sure that you put in its full legal description in order to avoid unnecessary problems. Also, include details any details that are necessary for describing the item being purchased such as the name of the manufacturer or its model.
Step 3: State the purchase price.
Make sure that you list down the exact price that is to be paid by the buyer. It must be the price that both the buyer and the seller have agreed upon before the agreement document was created.
Step 4: List the seller’s representations
A “representation” is a statement of fact which the seller warrants is true at the time of the agreement. Should there be any representation that has been discovered as false, then the buyer has the right to either cancel the agreement or even sue the seller. Be sure to list down all of the seller’s representations into the agreement.
Step 5: Point out who bears the responsibility for any damages or harm caused.
This must be clearly pointed out in the agreement. The bearer of responsibility would usually be the buyer as that person is now the full legal owner of the property, therefore it would only be natural for him/her to bear responsibility for any damage or harm caused. However, there are situations wherein it is the buyer instead of the seller. This all depends on the agreement made between both parties.
Step 6: Include a clause on how disputes should be settled.
If there is a dispute between the two parties, then they may end up in court. However, this all depends on the parties involved. It is possible that they may solve disputes using mediation. What that may be will depend entirely on the buyer and the seller.
Step 7: Identify the time for acceptance and closing.
It is best that the offer to sell does not last indefinitely as to not waste the time of the seller. Be sure to point out the exact date wherein the buyer may accept the offer to sell and the date in which the offer will be closed from the buyer.
Step 8: Close the agreement.
Lastly, both the buyer will need to sign their complete names and signatures at the bottom of the document to finalize the agreement. Provide a provision in the end that states that the seller has agreed to all of the terms upon affixing his/her signature into the document.
10+ Purchase Agreement Templates
1. Car Purchase Agreement Template
Let’s say that you’re willing to sell a car to those that are willing to accept whatever agreements need to be made in order to finalize the transaction. Download this template now so that you can make a document that outlines what those agreements are.
2. Property Purchase Agreement Sample Template
If you are in the business of selling property, then you should know how important it is that you and the buyer make the necessary arrangements for a transaction. By downloading this agreement template, you can create a document that can point out what agreements need to be accepted in order to finalize the property sale.
3. Vehicle Purchase Agreement Template
Although there are many different types of vehicles that are being sold on a daily basis, the sellers of these vehicles cannot just hand them over to a willing buyer unless there is an understanding between the parties. Get this template now so that you can start making on the agreement document needed for any kind of vehicle purchase.
4. Equipment Purchase Agreement Template
Let’s say that someone has sent an equipment purchase order but that the transaction cannot be finalized as no agreements have been made by the parties involved in the transaction. To remedy that, you should download this template as it can create a document that points out exactly what agreements have to be accepted to push through with the sale.
5. Land Purchase Agreement Template
The buying and selling of land is a common occurrence. If you’re in the position of the seller, then know that you will need to prepare a document that shows what agreements have to be accepted by the buyer before any transaction concerning land can take place. Download this template now so that you can prepare such a document.
6. Boat Purchase Agreement Template
Consider getting this template should you find yourself in a situation wherein someone is willing to purchase a boat you have that’s for sale. With it, you can make an agreement document that not only points out what terms have to be accepted but also the type of boat to be sold and who it’s going to be sold to.
7. Purchase and Sale Agreement Template
Should you ever find yourself in a situation wherein you are in need of a purchase and sale agreement document, then this is the template for you. Know that you are going to need to use either Google Docs, Microsoft Word or Apple Pages should you wish to access the template in order to edit it.
8. Restaurant Purchase and Sale Agreement Template
There are some restaurants that are willing to put themselves up for sale for any number of reasons. To those that are willing to purchase them, it is important to know that certain agreements need to be made before an exchange can take place. Download this template so that you can create the document needed for such a transaction.
9. Asset Purchase Agreement For a Retail Business Template
If you are planning to sell some of the assets of the retail business that you own, then you will definitely need this template. Having it means you can easily prepare a document that not only points out what assets are to be sold but also the agreements that have to be made to finalize the purchase.
10. Stock Purchase Agreement Template
It is possible that there are certain businesses that are willing to share their stocks to those who are willing to buy them. Before those stocks can be sold, it is important the parties involved in the transaction come to an understanding of how the transaction will go and what can and cannot be done with the stocks purchased. Download this template to make a document that can outline all of that information.
11. Share Purchase Agreement Template
rwi.uzh.chCompanies that are selling their shares to willing buyers must make sure that they are in agreement regarding how the transaction should go and matters concerning how the shares can be used. Download this template now to make the document that can outline all of that information.
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