A sale contract is a legal document officially documenting an exchange of goods or services, the terms of the exchange, and the parties involved. Sales contracts and service agreements are all part of the inescapable paperwork that come with the legal territory in any business transaction.
Depending on the sale and its relevant details, the contract template will vary. You might be buying or selling real estate, a car, furniture, or your own professional services. High-value assets that people pay serious money for will require more than a one-size-fits-all contract, and here is where these free samples can help you out.
If you’ve ever signed a Business Contract or a Construction Contract, you will readily understand the difference between a sales contract and a bill of sale. At first glance, a bill of sale is exactly like the sales contract. It is also a legal document that officially documents a business transaction—an exchange of goods or services for a price.
Where they differ is when they are used.
These sales contracts then reflect the agreement on a future transaction, whether in real estate or a promised shipment of machinery. This applies even if the good or service is delivered immediately after signing.
Feel free to download these templates as reference. They are available as free .doc/.docx and PDF files, so you may easily modify them to suit your needs in an official transaction.
If you are signing for a physical commodity, a sales contract should also allow you to reject it on delivery, if it does not conform to the agreed standards. Contracts for services may be terminated, if need be (e.g., construction contracts). This is harder to do with contracts for one-time services (e.g., a Catering Contract).
Note: Use the Conditional Sales Agreement Template when selling anything that is to be paid for in installments, such as a vehicle or a house. A conditional sales agreement is an arrangement where the buyer may take possession of the property, but the ownership title and rights still belong to the seller until the buyer has finished paying the full purchasing price stated in the sales contract.