How To Use
This review list is provided to inform you about the document in question and assist you in its preparation.
- This agreement should be used only with tangible personal property. “Personal property” includes items such as furniture, supplies and other “goods”. It does not include real estate or intangible property (e.g., copyrights, software and other intellectual property). This Agreement is not intended for regular inventory purchases. This kind of agreement is generally used for the occasional purchase of property such as desks, chairs, used computer equipment, and other such equipment.
- Clearly this form may not be appropriate for complex, technical, or perishable items that often require more specification, especially as to expected performance.
- From a negotiation standpoint, with occasional purchases, both parties are better off to pay upon delivery or shipment. Otherwise, controversy can linger and eat up a substantial amount of time, energy, and money.
- Print two copies of the Agreement for the Sale of Goods, one for each party. Both parties should sign each copy so that each can have an original copy.