Purchase Agreement

Simply complete the Purchase Agreement form below and click View Results to see your completed contract.

LawDepot's Purchase Agreement:

  • Is used to buy or sell almost anything, including: vehicles, furniture, assets, equipment, and personal property.
  • Is used to detail any warranty that may be included with the purchase.
  • Can also be used as a record and receipt of purchase.
Either a Bill of Sale or a Purchase Agreement is required for the sale or purchase of goods with a value greater than $500.

Note: The Purchase Agreement form is not meant for the sale of real estate, stocks, or shares. If you are selling real estate, please use our Real Estate Purchase Agreement. For the sale of stocks or shares, try our Share Purchase Agreement.

We regularly maintain this contract. Last Modified: September 2009
Purchase Agreement Details
Check to Show Hints for Completing this Form
Location of Property: Q. What is the location of the property? A. The location of the property is the jurisdiction where the property is situated in at the time of the sale.
Seller
Name:
Address:
City/Town:
County:
(e.g. Orange)
State:
Zipcode:
Type:
Number of Sellers: One Two
Purchaser
Name:
Address:
City/Town:
County:
(e.g. Orange)
State:
Zipcode:
Type:
Number of Purchasers: One Two
Price
Price (sales tax included): Currency:
Form of Payment: Q. How do I obtain a promissory note? A. The promissory note is a separate document and is not part of this agreement. If a promissory note is required, then it must be purchased separately.
Details of the Seller's Goods and/or Services Q. Can I use the Sales Agreement to transfer real estate? A. No, there are a number of issues not addressed in the Sales Agreement that a real estate transfer must contain. To transfer real estate, use our Real Estate Purchasing Agreement instead.
Delivery Date
Date:  (e.g. June 1st, 2003 or leave empty for a blank line)
When should the payment be made?
When Purchaser receives the Goods or Bill of Sale
When Seller delivers the Goods to Carrier or Bill of Sale to Purchaser
Delivery Location
Purchaser will receive the Goods at:

Location where Goods to be delivered:
(eg. 23, 12345 Bay Road, City, State, Country)

Any Risk of Loss or Damage is transferred to the Purchaser when: Q. Who should bear the risk of loss? A. The risk of loss is borne by the Seller initially, but is eventually transferred to the Purchaser. Typically, the risk of loss is transferred to the Purchaser when the Seller delivers the goods or a bill of sale to the Purchaser, but the risk of loss can also pass to the Purchaser when the Seller transfers the goods to a carrier who will deliver the goods to the Purchaser.
Purchaser Receives the Goods or a Bill of Sale
Seller delivers the Goods to a Carrier or a Bill of Sale is given to the Purchaser Q. What is a Carrier? A. A Carrier is a person or corporation to whom the Seller gives possession of the good being sold, and the Carrier then delivers the good to the Purchaser.
Warranty (what I am promising about the Goods) Q. What is a Warranty? A. This is a guarantee made by the Seller to the Purchaser as to certain qualities or characteristics of the property.
Select all that apply:
'As-Is' without any warranties Q. If I sell the goods "as-is without any warranties", what are my liabilities to the Purchaser? A. The term "as-is without any warranties" means that the Seller is not guaranteeing the quality of the product to the Purchaser. The Seller is not liable for any imperfections or flaws in the goods.
OR
Warranty that Seller owns them
Warranty that there are no claims or loans against them
Warranty that Goods are fit for ordinary uses
Warranty that there are no patent or trademark infringements Q. What are patent or trademark infringements? A. A patent or trademark infringement occurs when a person without authority makes, uses or sells any aspect of a registered patent (product, idea or concept) or trademark (word, phrase or name).

Additional Clauses
How Many Additional Clauses do you want to create?
First Additional Clause:

Second Additional Clause:

Third Additional Clause:

Fourth Additional Clause:


Signing Details
State where parties will sign agreement: Q. Is the state of execution the same as the location of the property? A. They can be the same jurisdiction, but do not necessarily have to be. The state of execution refers to the State where the Purchaser and Seller will sign the Sales Agreement.
Agreement to be signed? Today This Month Unsure Q. I do not know when the Sales Agreement will be executed. Can I fill in the date later? A. Yes, by selecting 'Unsure' as the date of execution, a blank line will be inserted into the contract so that you can add the correct date after printing the document.