If you will be selling personal property or valuables in the near future, you may need a purchase agreement to document the transaction. A purchase agreement is a contract between the buyer and seller that includes the terms and conditions of the sale items.
When To Use
According to Rocket Lawyer, you should use a purchase agreement in the following situations:
- The sale or purchase of personal property
- The transfer of ownership for valuable goods
Since the document is legally binding, the buyer and seller are obligated to uphold their end of the bargain, or the agreement and transfer of ownership may be deemed null and void.
Purchase Agreement Templates
Use these printable purchase agreement templates to avoid having to create the document from scratch. You will need the following information to populate the missing fields:
- Name and address of the buyer and seller
- Item description
- Effective date of transfer
- Delivery instructions (if applicable)
- Current location of property
- Future location of property (if applicable)
To access PDF versions of the printables, click on the images. If you encounter difficulties while attempting to download the printable, refer to this document for assistance.
If you wish to explore other purchase agreement templates that may better suit your needs, check out the pre-populated forms offered on the following websites:
A Final Thought
Be sure to solicit the services of an attorney if you are unsure of how to proceed or require additional assistance to prepare the document.