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A Purchase Agreement is a document under which a seller transfers personal property to a buyer. This document CANNOT be used to transfer real estate and may be inadequate to transfer a vehicle, as well as most types of intangible personal property. If the property that will be transferred has been pledged as security for a loan, it may be necessary to obtain a release from the party to whom the loan is owed. In such cases, it is advisable to consult with a lawyer.
The Purchase Agreement should be signed by both the Buyer and the Seller, and becomes effective as of the date provided in the text of the document.
What else can I help you with?
What is a share purchase agreement?
a share purchase agreement is an agreement that summarize the condition of the investment made by the investor in return for shares in the company
Is an unauthorized commitment not binding solely because the agreement involved a purchase amount above the micro-purchase threshold?
An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold.
Who can tell me how to make purchase agreement template?
This website, Law Depot, makes it very easy to create legal documents like purchase agreements: http://www.lawdepot.com/contracts/purchase-agreement-form/?a=t&ldcn=purchase They ask you to enter the details of your purchase agreement (like the seller's details, buyer's details, etc.) and when you submit the form, they give you a purchase agreement that you can copy and use for your business needs.
Can a vehicle be returned to a dealer within 30 days of purchase?
That will depend on the state and local laws, the purchase agreement, and the dealer itself.That will depend on the state and local laws, the purchase agreement, and the dealer itself.
where can I buy equipment rental agreement forms ?
where can I purchase equipment rental agreement forms?
Where can I buy a purchase agreement template to use for my office needs?
The best way to buy a purchase agreement would be to find the instruction book which would have a number which you can contact for information. The best way to find a purchase agreement would be call the company.
What is a intent to rescind a contract?
When the buyer intends to end an agreement based on descrepancies with item for purchase or purchase agreement. http://www.jstor.org/pss/1064521
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
Are you committed to a purchase agreement if money has not been exchanged?
Typically, a purchase agreement is not legally binding until money has been exchanged or a deposit has been paid. Until this point, either party can typically walk away from the agreement. It is always best to review the specific terms of the purchase agreement to understand any commitments or obligations.
What is the process for entering into a lease with intent to purchase agreement?
Entering into a lease with intent to purchase agreement involves signing a lease that includes an option to buy the property at a later date. This agreement typically outlines the terms of the lease, the purchase price, and the timeline for exercising the option to buy. It is important to carefully review and understand the terms of the agreement before signing.
What legal papers other than the purchase and sale agreement should be signed between 2 or more parties wishing to buy an investment property together?
purchase agreement
What are the uses of a purchase agreement?
The main use of a purchase agreement is that it is a simplified method of filling anticipated costs and expenses so buyers or sellers aren't hit with unexpected costs.
