Personal Property Sales Agreement - Warranty


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									This is an agreement for the sale of personal property with a warranty. As drafted in this
short-form template, the seller warrants that it has legal title to the property, the authority
to sell the property, and that the property shall be sold free and clear of all liens and
encumbrances. In an agreement to sell, unlike a contract of sale, transfer of property is
to take place at a future time once certain conditions have been satisfied. This
document is useful to parties seeking to purchase or sell personal property.

This Agreement to Sell Personal Property with Warranty is made by and between
________________________          [Instruction:    Insert    the    name      of      Seller]   of
________________________ [Instruction: Insert the address of Seller] (“Seller”), and
________________________          [Instruction:    Insert    the    name      of      Buyer]    of
________________________ [Instruction: Insert the address of Buyer] (“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 of the property. You may use an attached exhibit if
    you require additional space.]

2. Total purchase amount is _______________ ($______) [Instruction: Insert the Purchase
    amount E.g., two hundred and fifty thousand dollars only ($250,000)]

3. Acceptable forms of payment are limited to (check box or boxes):
    a. _________ Cash
    b. _________ Check
    c. _________ Certified Check
    d. _________ Other

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4. Seller warrants it has good and legal title to said property, full authority to sell 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. Seller binds his/her successors and assigns, to warrant and defend the title to all of the
    described property to Buyer, his/her successors and assigns, forever against every person
    lawfully claiming the described property or any part of it.

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

This Agreement binds both parties and their successors, assigns and personal representatives.

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

______________________________                                ______________________________
               Witness                                                        Witness

______________________________                                ______________________________
                 Buyer                                                         Seller

© Copyright 2012 Docstoc Inc.                                                             3

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