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Contract of Sale and Security Agreement for Yorkshire Terrier
Agreement made on the ___ day of __________, 20___, between _________________
of ___________________________________________________ (street address, city, county,
state, zip code) , referred to herein as Seller and _________________ of
_______________________________________ (street address, city, county, state, zip code) ,
referred to herein as Buyer.
For and in consideration of the mutual covenants contained in this Agreement, and other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties agree as follows:
I. Sale of Animal
Seller agrees to sell and Buyer agrees to buy a Yorkshire Terrier (hereafter referred to as
Terrier ) more fully described as follows:
______________________________________________________________________________
______________________________________________________________________________
(Description of Terrier)
II. Warranties
Seller warrants that he is the owner of and has good and lawful authority to sell the
Terrier , whose bloodline is set forth in Exhibit A attached hereto and initialed by both parties
for identification.
III. Sales Price
The sales price is $___________payable in cash on or before the ___ day of __________,
20____.
IV. Inspection
Buyer acknowledges that her designated veterinarian has examined the Terrier and that
Buyer is satisfied that the Terrier is in a healthy and sound condition.
V. Bill of Sale
By this instrument, Seller sells, assigns, and conveys all of his rights, title and interest in
the Terrier , reserving for himself a purchase money security interest as set forth in Section VI of
this Agreement.
VI. Security Interest
Buyer acknowledges that by this Agreement, Seller retains a security interest in his favor
in the Terrier under the provisions of Article 9 of the Uniform Commercial Code of the State of
__________________. This security interest will be cancelled upon receipt by Seller of the full
purchase price set forth in Paragraph III.
VII. Breeding Capacity not Warranted
Seller does not warrant the health, soundness, working qualities, recovery from shipping
cold, nor does Seller warrant against impotency of the Terrier.
VIII. Risk of Loss
The risk of loss from any casualty to the Terrier, regardless of the cause of such loss or
casualty, shall be on Buyer after the Terrier has been delivered to Buyer.
IX. No Liability by Seller for Incidental or Consequential Damages
In no event shall Seller be liable for incidental or consequential damages nor shall
Seller's liability for any claims or damage arising out of or connected with this Agreement
exceed the purchase price of the Terrier.
X. Notice
Any requirements of reasonable notice of any party to the other shall be met if such
notice is mailed, postage prepaid, to the last known address of the parties at least
_________________ (e.g., 10) days before the time of the event or contemplated action set forth
in such notice.
XI. Breach of Agreement
A. In the event of breach of this Agreement, Buyer agrees to pay all expenses of retaking,
holding, preparing for sale, selling, and reasonable attorney's fees and legal expenses as may be
allowed by law and incurred by the Seller in enforcing his rights under this Agreement.
B. The rights and remedies conveyed upon Seller shall be in addition to and not in
substitution of or in derogation of the rights and remedies conferred by the Uniform Commercial
Code of the State of _____________and other applicable laws.
XII. Mandatory Arbitration
Notwithstanding the foregoing, and anything herein to the contrary notwithstanding,
any dispute under this agreement shall be required to be resolved by binding arbitration of the
parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator
and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said
dispute. The arbitration shall be governed by the rules of the American Arbitration Association
then in force and effect.
XIII. Governing Law
This Agreement shall be governed by, construed, and enforced in accordance with the
laws of the State of ____________.
XIV. Entire Agreement
This Agreement shall constitute the entire agreement between the parties and any prior
understanding or representation of any kind preceding the date of this Agreement shall not be
binding upon either party except to the extent incorporated in this Agreement.
XV. Modification of Agreement
Any modification of this Agreement or additional obligation assumed by either party in
connection with this Agreement shall be binding only if placed in writing and signed by each
party.
WITNESS our signatures as of the day and date first above stated.
________________________ ________________________
SELLER BUYER
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