Start with properly introducing the buyer & seller in the transaction. Mention their full name, roles, full address, and email ID. It’s also a good practice to specify from what date onwards the contract becomes enforceable.
Mention how much is the client paying and the invoice due date. Also mention the mode of payment, whether that’s cash, cheque or e-payment. Also you should mention which party will pay the taxes. All these need to be ironed out in this section of the sales contract template.
You need to make sure that both the buyer and seller are clear about when the services / goods are expected to be delivered. Also, make note of who will be responsible for the goods while they are being shipped to the buyer and when the ownership transfer happens.
This section of the contract ensures that buyers are not stuck with fake, poorly functioning, or wrong products. Sellers can also ensure that wrongful claims about the quality of the goods are not made, long after the delivery. Therefore, make sure you mention how both parties need to respond to situations where the delivered order doesn’t fit the order description.
An installment sales contract is also known as a land contract or articles of agreement for warranty deed or contract for deed. This is an agreement between a real estate seller and buyer, under which the buyer agrees to pay to the seller the purchase price plus interest in installments over a set period of time.
" Undoubtedly one of the best eSignature application available in the market right now. Would love to recommend Fill. "
Ready to get started
with this template?