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Indiana Agreement to Sell Personal Property - Without Warranty

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Indiana Agreement to Sell Personal Property - Without Warranty Powered By Docstoc
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                             This is an agreement between a buyer and a seller located in Indiana for the sale of
                             personal property. It contains the material terms of the sale including a description of the
                             property, the purchase price and the date of transfer. This agreement does not contain
                             seller warranties, express or implied, as to the condition or merchantability of the property,
                             and it expressly states that the property is sold "as is". This document is useful to parties
                             seeking to purchase or sell personal property without a warranty.
             ®




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                                                                   Attorney Drafted
                    AGREEMENT TO SELL PERSONAL PROPERTY

                                      Without Warranty

This Agreement to Sell Personal Property is made by and between ________________________
[Instruction: Insert the name of Seller] residing at ___________________________________
[Instruction: Insert the address of the Seller] (hereinafter “Seller”), and
_______________________________ [Instruction: Insert the name of Buyer] residing at
_______________________________________ [Instruction: Insert the address of the Buyer]
(hereinafter “Buyer”).

   WHEREAS, for good consideration the parties mutually agree that:

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

   ___________________________________________________________________________
   ___________________________________________________________________________
   __________________________________________________________________________.

   [Instruction: Insert the description that clearly identifies and distinguishes the property
   to be sold. You may use an attachment as an exhibit to list additional property if there
   is insufficient space here.]

2. Total purchase amount is _______________ ($_____). [Instruction: Insert the purchase
   amount for the property, e.g., two hundred fifty thousand dollars ($250,000).]

3. Acceptable forms of payment are limited to [Instruction: Insert an “X” before the
   acceptable mode of payment]:

       a. _________ Cash

       b. _________ Check

       c. _________ Certified Check

       d.   ________ Other
4. Seller warrants that he/she holds good and legal title to the said property, full authority to sell
   the said property, and that said property shall be sold by bill of sale free and clear of all liens,
   encumbrances and adverse claims of every nature and description whatsoever.

5. THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES,
   EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY. SELLER
   DISCLAIMS ANY WARRANTY OF MERCHANTABILITY, FITNESS OR WORKING
   ORDER OR CONDITION OF THE PROPERTY EXCEPT THAT IT SHALL BE SOLD IN
   PRESENT CONDITION, REASONABLE WEAR AND TEAR ACCEPTED.          BY
   ACCEPTING THIS AGREEMENT TO SELL, BUYER(S) REPRESENT THAT BUYER(S)

   HAVE PERSONALLY INSPECTED THE DESCRIBED PROPERTY AND ACCEPT(S)
   THE PROPERTY IN "AS-IS" CONDITION.

6. The parties agree to transfer title on ______ [Month] [____] Date, 20___, at the address of
   Seller.

7. This agreement binds the parties mentioned herein and their successors, assigns and personal
   representatives.



Signed this _____ [Month] _____ [Date], 20____.




______________________________                                 ______________________________
            Witness                                                        Witness
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Description: This is an agreement between a buyer and a seller located in Indiana for the sale of personal property. It contains the material terms of the sale including a description of the property, the purchase price and the date of transfer. This agreement does not contain seller warranties, express or implied, as to the condition or merchantability of the property, and it expressly states that the property is sold "as is". This document is useful to parties seeking to purchase or sell personal property without a warranty.
This document is also part of a package Essential Indiana Legal Documents 145 Documents Included