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Purchasing Contract

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This is a sample of the purchase contract we are currently using.  Modifications may made without notice.  Please read the contract that will be sent to you before signing.
 
Thanks!
Oak Springs Farm

PURCHASE CONTRACT

 

 

Purchase and sales agreement made by and between ________________________________________________


____________________________________________________________________________________(Seller)

 

and ________________________________________________________________________________ (Buyer).

 

Whereas, for good consideration the parties mutually agree that:

 

1.             Seller agrees to sell, and Buyer agrees to buy the following described property:  __________________

 

__________________________________________________________________________________________

 

__________________________________________________________________________________________

 

__________________________________________________________________________________________

 

2.             Buyer agrees to pay to Seller, and Seller agrees to accept: 

 

 ______________________________________________________________________Dollars ($ ___________)

 

as total purchase price payable as follows: 

 

______________________________________________________________________ Dollars ($ ___________)

 

Non-refundable deposit, paid with the signing of this contract.  And the following payment schedule:

 

______________________________________________________________________ Dollars ($ ___________)

 

payable in each of the following months:  ________________________________________________________.

 

3.             Seller warrants it has good and marketable title to said property, full authority to sell said property, and that said property shall be sold by warranty bill of sale free and clear of all liens, encumbrances, liabilities, and adverse claims of every nature and description.

 

4.             Said property is sold in “as is” condition, Seller disclaiming any warranty of merchantability, fitness or  working order or condition of the property except that it shall be sold in its present condition, reasonable wear and tear excepted.

 

5.             The parties agree to transfer registration on ___________________________________, 20 _____ at the address of the Seller.  Time is of the essence.  

 

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

 

7.             Other Terms:  _______________________________________________________________________

 

__________________________________________________________________________________________

 

__________________________________________________________________________________________

 

_________________________________________________________________________________________ .

 

 

Signed this _________________ day of _______________________________, 20 _______.

 

 

 

Seller ____________________________________              Buyer ____________________________________