SailNet Community - View Single Post - Purchase Agreement Example/Template?
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post #7 of Old 06-15-2007 Thread Starter
SEMIJim
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Thanks for the follow-up, USCGRET1990, but what I'm looking for is a purchase agreement document. This is a device where you agree to purchase for so many $$$, with contingencies layed-out (such as contingent on a successful survey, engine inspection, sea trial, ability to insure, clear title, etc.), and list what it is that's being sold, incl. all that comes with it, that may or may not be nailed down. Frequently there will be a provision for an earnest money deposit, the conditions under which it will be refunded or forfeit, time limits, etc. Frequently there will be provisions for what happens if the survey fails, such as price re-negotiation, "seller agrees to repairs not-to-exceed," etc.
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