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Iowa Agreement to Sell Business

This document is part of the Package "Essential Iowa Legal Documents" | 144 docs included
Document Sample
Iowa Agreement to Sell Business
Agreement to Sell Personal

Property (without Warranty)

Docstoc Legal Agreements









This Agreement to Sell Personal Property is intended to be used if you wish to sell your personal

property which includes a corresponding obligation for someone else to purchase the property. This

agreement is intended to secure the rights and obligations of both, seller and purchaser.









ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED

WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be

modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own

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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 and fifty thousand dollars only ($250,000)]





3. Acceptable forms of payment are limited to [Instruction: Insert a sign of “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 warranty 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

SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE PERSONALLY INSPECTED THE

DESCRIBED PROPERTY AND ACCEPTS THE PROPERTY IN "AS-IS" CONDITION.





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





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

representatives.









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









______________________________ ______________________________

Witness Witness





______________________________ ______________________________

Buyer Seller

Note: Carefully read and follow the Instructions and Comments contained in this document for

your customization to suit your specific circumstances and requirements. You will want to

delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”) after

reading and following them. You (or your attorney) may want to make additional modifications

to meet your specific needs and the laws of your state



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