1. law, govt and politics

[INSERT COMPANY HEADER]
MARINE PURCHASE AGREEMENT
Date: ____________________________________________
BUYER INFORMATION
Buyer
Home Phone
Address
City
Salesperson
Delivery Date
Bus. Phone
State
Zip Code
Delivery Instructions
SUBJECT TO THE TERMS AND CONDITIONS OF THIS AGREEMENT,
SELLER AGREES TO SELL AND BUYER AGREES TO BUY THE FOLLOWING DESCRIBED PROPERTY
Stock No.
Color
LOA
Beam
Make of Boat
Year
Model & Size
Make of Motor/
Engine #1
Year
Model, HP, & Fuel Type
Make of Motor/
Engine #2
Year
Model, HP, & Fuel Type
Name of Trailer
Year
Model & Size
Draft
Deck
Hull
 New
 Used
Serial No.
Drive #1
 New
 Used
Serial No.
Drive #2
 New
 Used
Serial No.
 New
 Used
TOTAL PURCHASE
Serial No.
OPTIONAL EQUIPMENT/ACCESSORIES
TOTAL OPTIONAL EQUIPMENT/ACCESSORIES
Size
Serial No.
AMOUNT
$
Motor #1 Make
Year
HP
Serial No.
$
Motor #2 Make
Year
HP
Serial No.
$
Trailer Make
Year
Size
Serial No.
$
To Whom
TRADE-IN DEBT TO BE PAID BY
$
$
$
$
$
AMOUNT
$
$
$
$
$
DESCRIPTION OF TRADE-IN
Boat Make
Year
Amount Owing
Interior
$
TOTAL TRADE-IN ALLOWANCE $
 DEALER
 CUSTOMER
TOTAL PURCHASE
OPTIONAL EQUIPMENT/ACCESSORIES
AMOUNT
$
$
Sales Tax (if applicable)
Dealer Preparation
Labor/Installation
Delivery and/or Launching
Freight
$
$
$
$
$
SUB-TOTAL
$
TOTAL TRADE-IN ALLOWANCE
Less Balance Due on Above
Net Allowance
-$
-$
-$
NET SALE
Sales Tax (if not included above)
Title – Registration – Office Fees
$
$
$
CASH SALE PRICE
Less Total Payments
$
-$
UNPAID BALANCE OF CASH SALE PRICE
$
 When this box is checked, the unit which is the subject of this contract, is being sold on an “as is” basis.
The entire risk as to the quality and performance of this unit lies with the buyer.
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TERMS AND CONDITIONS
1.
Parties
“Seller” refers to __________________________ [insert company name], who agrees to furnish the goods
detailed herein to Buyer.
“Buyer” refers to the person(s) or entity(ies) who have placed an order for, and will purchase, the
equipment detailed herein.
2.
Acceptance of Purchase Agreement
Agreement by Seller to furnish the goods detailed herein shall constitute acceptance by Seller of Buyer’s
purchase order, subject to the terms and conditions detailed herein (hereinafter referred to as the
“Agreement”). Should Buyer’s purchase order not state price or delivery, Buyer will not be bound to any
prices or delivery to which it has not specifically agreed in writing. Any terms or conditions proposed by
Seller in conflict with or in addition to the terms and conditions of this Agreement shall be void and of no
effect unless otherwise agreed in writing by Buyer. Modifications hereof or additions hereto must be
made in writing and signed by Buyer and Seller. The terms and conditions of this Agreement, together
with such modifications, constitute the entire agreement between the parties.
3.
Governing Law
This Agreement and any sales herein shall be governed by the laws of the State of ________________,
without regard to conflicts of laws rules. The customer consents to the jurisdiction of the federal or state
courts located in ___________________ County, _________________[state] for the purposes of any suit,
action, or proceeding arising from this Agreement.
4.
Title of Goods
Title of the goods being purchased herein shall remain solely with Seller until the goods are paid for in
full by Buyer, at which time the title shall be transferred to Buyer. Buyer shall be liable to Seller in respect
of any loss or damage to goods during such time.
5.
Payment
Invoices are due and payable [choose one: upon receipt of invoice or within the time period noted on the
invoice]. Buyer shall pay interest on any outstanding late balances at the highest rate permitted by
applicable law. Buyer is responsible for any and all other taxes associated with the purchase.
Standard terms of payment are C.O.D. unless an approved credit facility is in place. Seller reserves the
right to refuse or withdraw credit facilities at any time. Payment is due in full without any deduction in
respect of any claimed set-off or counterclaim (including any such set-off or counterclaim on account of
any delay on the part of Seller in delivering the goods) on or before the payment date.
Additionally, Seller shall be entitled to:
a.
Charge and recover costs incurred for the collection of payment (such as, but not limited
to, collection agency fees and legal costs), bounced check fees, interest at the current bank
overdraft rate plus _______% per annum from the due date for payment until payment is
made in full;
b.
Immediately and without notice, retake possession of the goods and resell such goods
after _____________ (________) [insert number of days in both words and numerals] days
written notice to Buyer and thereafter recover from Buyer any amount by which the
resale price is less than the price agreed to be paid by Buyer, together with all costs and
expenses suffered by Seller as a result of Buyer’s default;
c.
At Seller’s sole discretion, charge a restocking fee for reclaimed goods.
6.
Delivery of Goods
6.1
Shipping
a.
Seller shall be responsible for ensuring the proper packaging of goods for shipping.
b.
Seller shall, at all times, comply with Buyer’s written shipping instructions.
c.
Seller shall submit all shipping papers and any other documents required by Buyer to
Buyer prior to final payment.
d.
Unless otherwise agreed, all goods shall be F.O.B. destination, freight prepaid and
allowed.
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THIS IS A 4-PAGE FORM.