SAMPLE - Bill of Sale - Purchase Agreement

Buyer Seller
__________________________________________________

__________________________________________________
Name Name

__________________________________________________

__________________________________________________


Address Address
__________________________________________________

__________________________________________________

City __________________State ________ Zip Code _________

  1. This agreement is made between _______________________herein referred to as the buyer and _______________________ herein referred to as the Seller.
  2. Horse to be purchased is described herein: Name: ____________________________ Age:___________ Sex: ______________ Breed: ____________________________ Color of Body: _________________ Color of Mane: _________________________ Color of Tail: __________________ Hoof Color: ___________________________ Registration Number:__________________ Brands:________ Locations:_________ Tattoos: _______________ Location: ____________________
  3. Total Price if Paid in Full the Date Of Sale is ________________________________
  4. If purchase price is to be paid in installments the terms shall be: A down payment in the sum of ________________ is due on the _________________. The monthly payments shall be in the amount of _____________ and will be due and payable on the _______day of each month for ______months. The registration papers will be surrendered to the buyer at the time the last payment is made.
  5. If horse is being purchased on a contract sale, the seller ( )does require, ( ) does not require an insurance policy showing seller as loss payee. Name of Insurance Company _________________________ Policy Number _____________________. If the said horse dies or becomes permanently disabled without insurance coverage, the buyer agrees to complete contract in full.
  6. The horse in a contract sale will be kept at this address ________________________ until paid for in full. The buyer is responsible for all boarding fees, farrier fees, veterinary costs and any other incidental bills pertaining to said horse. The buyer agrees to give seller thirty (30) days notice in writing if the said horse is to be moved.
  7. The seller warrants that they have clear title to the horse and that there are no other warranties express or implied, including the warranty of fitness for a certain purpose. The buyer is buying the horse "as is".
  8. Upon conclusion of the above transaction, the seller agrees to pay for all brand inspection papers needed for sale.
  9. If the buyer is unable to fulfill the contract, the horse will be returned to the seller in satisfactory condition. The sale will be nullified and all previous payments made will be forfeited.
  10. The seller ( ) does wish ( ) does not wish to retain the right to buy the above horse back if the new owner(s) decide to sell: "first right of refusal". This is valid until the year ______.
  11. Either party may nullify this agreement if the other party breaches a material term of this contract. The wronged party may recover reasonable attorney's fees and court costs.

Executed this_____________day of __________, 19___.
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