Business Capital Modal

Posts Tagged ‘A notary on the contract’

To make any purchase agreement legal it must be accompanied by a contract. A contract is a binding legal agreement between two or more people that come to terms that are agreed upon.

Here is how you can write your own purchase contract.

1. Gather the information that will be contained in the contract. This will be the names, address, descriptions, and terms.

The terms will be the amount agreed upon, the payments, and the length the contract is written for. If it is a paid in full contract, there will be no length of time stated.

2. Make the first paragraph contain the names of each person and the date the contract is executed.

3. Add the body of the contract that states the terms. Each paragraph should state the separate term. The total amount due and payments will be among the terms states. Read the rest of this entry »