Fill and Sign the Sales Contract Template Free Sample Docsketch Form

General Form of Agreement for the Sale of Goods Agreement made on the ________________ (date), between _____________________ (Name of Buyer) of ____________________________________________________________ ________________ (street address, city, county, state, zip code) , referred to herein as (Buyer) , and ___________________ (Name of Seller), of _____________________________ _____________________________________ (street address, city, county, state, zip code) , referred to herein as Seller. 1. Sale of Goods Seller shall sell, transfer, and deliver to Buyer on or before _________________ (date of sale) , the following personal property, hereinafter called Goods: (description of goods) ____________________________________________________________________________ ____________________________________________________________________________. 2. Consideration Buyer shall accept the Goods and pay $_________ (dollar amount of purchase price) for the Goods. 3. Identification of Goods Identification of the Goods to this Agreement shall not be deemed to have been made until both Buyer and Seller have specified that the Goods in question are marked to be included within this Agreement. 4. Payment on Receipt Buyer shall make payment for the Goods at the time when, and at the place where, the Goods are received by Buyer. 5. Receipt Construed as Delivery Goods shall be deemed received by Buyer when delivered to Buyer at ______________ _________________________________________________ (address of Buyer). 6. Risk of Loss The risk of loss from any casualty to the Goods, regardless of the cause, shall be on Seller until the Goods have been accepted by Buyer. 7. Warranty of No Encumbrances Seller warrants that the Goods are now free, and that at the time of delivery shall be free from any security interest or other lien or encumbrance. 8. Warranty of Title Furthermore, Seller warrants that at the time of signing this Agreement Seller neither knows, nor has reason to know, of the existence of any outstanding title or claim of title hostile to the rights of Seller in the Goods. 9. Right of Inspection Buyer shall have the right to inspect the Goods on arrival and, within _______ (number) business days after delivery, Buyer must give notice to Seller of any claim for damages on account of condition, quality or grade of the Goods, and Buyer must specify the basis of the claim of Buyer in detail. The failure of Buyer to comply with these conditions shall constitute irrevocable acceptance of the Goods by Buyer . 10. SeverabilityThe invalidity of any portion of this Agreement will not and shall not be deemed to affect the validity of any other provision. If any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall be deemed to be in full force and effect as if they had been executed by both parties subsequent to the expungement of the invalid provision. 11. No Waiver The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 12. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of _____________. 13. Notices Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 14. Mandatory Arbitration 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. 15. 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. 16. 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 or an authorized representative of each party. 17. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 18. In this contract, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminine. WITNESS our signatures as of the day and date first above stated. ________________________ _________________________ (Printed name) (Printed name) ________________________ _________________________ (Signature of Seller) (Signature of Buyer)