Sales, Loans & Transactions

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Sales Related Forms

Bill of SaleA Bill of Sale is used to transfer the ownership of property from a seller to a purchaser. The Bill of Sale also acts as a sales receipt. Invoice FormAn Invoice Form provides a standard sales form suitable for the sale and purchase of merchandise. For substantial purchases such as an automobile or boat please see our Bill of Sale. Letter of IntentLawDepot's Letter of Intent provides a non-binding document for two or more parties to form an understanding for a future agreement. Purchase AgreementA Purchase Agreement is a contract where a seller promises to sell something that a purchaser promises to buy. A Purchase Agreement can be used to sell goods, assets, equipment, services, etc. A Bill of Sale is often used with a Purchase Agreement to conclude the sale and transfer the title to the purchaser. Either a Purchase Agreement or our Bill of Sale is required for any sale of goods of a value over $500. Purchase of Business AgreementA Purchase of Business Agreement is used to transfer the shares or assets of a business from one or more sellers to one or more purchasers. The agreement can be structured as a sale of the shares of the business or as a sale of the assets of the business. Purchase OrderA Purchase Order is a standard order form suitable for the requisition of goods and services. Sales AgreementA Sales Agreement is a contract where a seller promises to sell something that a purchaser promises to buy. A Sales Agreement can be used to sell goods, assets, equipment, services, etc. A Bill of Sale is often used with a Sales Agreement to conclude the sale and transfer the title to the purchaser. Either a Sales Agreement or our Bill of Sale is required for any sale of goods of a value over $500.

Loans & IOUs

Amortization ScheduleAn amortization schedule outlines the mount of time (number of years) that it will take to repay the entire amount of a loan or mortgage given a certain interest rate, amount of payment and frequency of payments. Demand LetterA Demand Letter is a letter to demand payment or some other action. Essentially, a demand letter sets out why the payment or action is being claimed, how it should be carried out (e.g. payment in full, payment over time), and directions for the reply and a deadline for the reply. Demand letters are frequently used to maintain some goodwill between business parties and they often encourage payment, in order to avoid expensive litigation. Most demand letters contain the 'threat' that of formal legal proceeding. A Demand Letter that requests payment of a debt may also be called a Debtor Letter. Financial Statement (Personal)A Personal Financial Statement is used to present one's financial situation in an organized and useful manner. Hold-Harmless (Indemnity) AgreementUse LawDepot's Indemnity Agreement to allow one party to protect another party against any future losses or claims in relation to a particular activity. Loan AgreementA Loan Agreement is used to document and set out the terms of a loan between individuals, between corporations, or between an individual and a corporation. Personal/Corporate GuaranteeA Personal/Corporate Guarantee is a collateral contract where an individual or corporation agrees to be responsible for the debt or obligations of an individual or company in the event that this individual or company defaults on its debt owed to a lender or creditor. Promissory NoteA Promissory Note is an enforceable promise to pay back a loan or debt. Release/Waiver AgreementA Release/Waiver Agreement is an enforceable promise not to proceed with a legal claim in exchange for money or other compensation. Shareholder Loan AgreementA Shareholder Loan Agreement is used when a corporation is borrowing money from one of its shareholders; a shareholder is lending money to its corporation; or a corporation owes money to a shareholder values (for salary, etc.) and the parties need a record of the payment to the shareholder for tax purposes.

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