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Exercise Extreme Caution when using many of our free forms - or any legal material. While they may provide general ideas on format & content, validity requirements can and do vary greatly from state to state. Many MUST be Properly Modified for your own location and circumstances. (Hint: If in doubt it's usually safer to include unneeded clauses than to leave out necessary ones. . . . but it's even safer to consult a competent source or use current, state specific ones like ours mentioned below.) Also, we urge people (and lawyers too) to read our Relying On Legal Info FAQ.

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CONTRACT FOR PURCHASE OF PERSONAL PROPERTY

This contract is for the purchase of personal property made by and between(Seller) and (Buyer).

For good and valuable consideration the parties agree as follows:

1. Seller agrees to sell and Buyer agrees to buy the below described property:

2. The mutually agreed purchase price is [$]; payable as follows: [$] as a deposit due no later than [day][month], [year]. The balance of [$] will be payable on delivery by cash or certified check.

3. Seller warrants it has good and legal title to the said property and has full authority to sell it. The said property is to be sold by warranty bill of sale free and clear of all liens, encumbrances, liabilities, and adverse claims of any kind.

4. Said property is sold as is. There is no warranty of merchantability, fitness, or working order or condition of the property except that it is sold in its present condition.

5. The parties agree that title to the property will transfer to the Buyer when said property is delivered to the Buyer's address.

6. This agreement shall be binding upon and inure to the benefit of the parties, their assigns, successors, and personal representatives.

IN WITNESS WHEREOF the undersigned have hereunto set their hands this [day] of [month], [year].

___________________________
Buyer

___________________________
Seller

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