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Purchase and Sale Agreement
- Thread starter DKZ
- Start date
Guerillabill
New member
Assuming you are still in Tn, you could use the one the county clerk provides for Tn transfers.
http://www.countyclerkanytime.com/forms/BK239--Affidavit of Nondealer transfer.pdf
http://www.countyclerkanytime.com/forms/BK239--Affidavit of Nondealer transfer.pdf
The TN form is not a purchase and sale agreement. Unless closing is anticipated to be at a later date, the bill of sale can relect necessary terms for seller including purchase price and limitations on warranty - "as is without warranty, express or implied" or what warranties are bieng made. It should include a complete description of property being sold, including a detailed list of included equipment and appuratances (along with Hull id no. and other serial numbers) and hours on engines.
A purchase and sale agreement is more complicated, and if the transaction irequires one, you may want to seek legal advice.
A purchase and sale agreement is more complicated, and if the transaction irequires one, you may want to seek legal advice.
Good morning:
I did a quick search and found these two:
The first was at
http://www.boatus.com/trailerclub/Buyin ... edBoat.asp
A Purchase Agreement Should Contain:
• Date
• Name of purchaser and (if applicable) co-purchaser, their address and phone number
• Name of seller and co-seller, their address and phone number
• Broker (if applicable) If a broker is used, they will provide the purchase agreement
• Description of boat, including:
• Manufacturer
• Model
• Year
• Length
• Hull #
• Engine #
• Trailer Documentation # (manufacturer, model, year, and serial number, if applicable)
• Location of boat
• Selling price and terms/conditions of purchase
• Deposit received $ _______ and date the deposit was received _______
• Closing date
• Liens of encumbrances (the boat is sold free of any liens, bills unless otherwise stated and agreed to. The owner warrants that he has a marketable title and the lawful right to sell the boat (and trailer if appropriate) and will deliver all the necessary documents for the transfer of title.)
• Additional terms and conditions:
• Transaction is subject to acceptable survey
• Sea trials and (if applicable) financing
• The boat must be insurable
• The deposit is refundable in full to the purchaser if any of the above items are unsatisfactory.
• Copies of current state title and registration and current certificate
of documentation (if applicable) should be attached to this agreement.
The second actually had an example, too long to cut and paste, so here is ths address:
http://www.free-legal-document.com/bill-boat-sale.html
Hope this is what you are looking for.
John
Swee Pea
I did a quick search and found these two:
The first was at
http://www.boatus.com/trailerclub/Buyin ... edBoat.asp
A Purchase Agreement Should Contain:
• Date
• Name of purchaser and (if applicable) co-purchaser, their address and phone number
• Name of seller and co-seller, their address and phone number
• Broker (if applicable) If a broker is used, they will provide the purchase agreement
• Description of boat, including:
• Manufacturer
• Model
• Year
• Length
• Hull #
• Engine #
• Trailer Documentation # (manufacturer, model, year, and serial number, if applicable)
• Location of boat
• Selling price and terms/conditions of purchase
• Deposit received $ _______ and date the deposit was received _______
• Closing date
• Liens of encumbrances (the boat is sold free of any liens, bills unless otherwise stated and agreed to. The owner warrants that he has a marketable title and the lawful right to sell the boat (and trailer if appropriate) and will deliver all the necessary documents for the transfer of title.)
• Additional terms and conditions:
• Transaction is subject to acceptable survey
• Sea trials and (if applicable) financing
• The boat must be insurable
• The deposit is refundable in full to the purchaser if any of the above items are unsatisfactory.
• Copies of current state title and registration and current certificate
of documentation (if applicable) should be attached to this agreement.
The second actually had an example, too long to cut and paste, so here is ths address:
http://www.free-legal-document.com/bill-boat-sale.html
Hope this is what you are looking for.
John
Swee Pea
WOW... These seem way complicated... I have sold several personal cars, boats, motor cycles and have basically used the following and it has worked for both parties...who just wanted to exchange some funds and ownership. Each states AND within some counties documentation process is a bag of worms of it's own. This has worked for me...with no lawyers and many happy new owners. I have used this to buy and sell items... just a thought.
-----------------------
BILL OF SALE
DATE: xx,xxx,xxxx
SALE OF: Manufacture & Model (of each item with a Vin or similar number)
VIN: XXXXXXXXX
SALE PRICE: XXX.XX
TOTAL DEAL PRICE: xxxx.XX
WARRANTEE: NONE
SPECIAL NOTES: If any... the less the better ...less for lawyers to fight over...if you are worried about it...do not buy or sell it.
LIENHOLDER: NONE , or list it & SEND MONEY THERE FIRST.
SELLER: Name & Street Address
PURCHASER: Name & Street Address
_____________________ ________________________
SELLER SIGNATURE PURCHASER SIGNATURE
-----------------------
BILL OF SALE
DATE: xx,xxx,xxxx
SALE OF: Manufacture & Model (of each item with a Vin or similar number)
VIN: XXXXXXXXX
SALE PRICE: XXX.XX
TOTAL DEAL PRICE: xxxx.XX
WARRANTEE: NONE
SPECIAL NOTES: If any... the less the better ...less for lawyers to fight over...if you are worried about it...do not buy or sell it.
LIENHOLDER: NONE , or list it & SEND MONEY THERE FIRST.
SELLER: Name & Street Address
PURCHASER: Name & Street Address
_____________________ ________________________
SELLER SIGNATURE PURCHASER SIGNATURE
Hi! Byrdman. Perhaps had I joined some of the gatherings, I wouldnt be selling the boat. I just found I wasnt using it enough. Part of the problem is a medical issue and part was I dont have anyone to enjoy the boat with. The wife just doesnt like boating and whenever I took the boat out, I was alone. While sometimes the solitude was great, I also found that sharing the experience with someone would have made it more fun too. At least for me.
Regards,
Regards,