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Personal Property Sales Contract
"I need a Personal Property Sales Contract for selling my company's manufacturing equipment (valued at CHF 500,000) to a German business buyer, with payment in installments over 6 months starting March 2025 and including warranty terms for technical specifications."
1. Parties: Identification and details of the seller and buyer, including full names, addresses, and any registration numbers if applicable
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the contract
4. Object of Sale: Detailed description of the property being sold, including identification numbers, characteristics, and condition
5. Purchase Price: Agreed purchase price, currency, and payment terms
6. Payment Terms: Details of payment method, timing, and any installment arrangements
7. Transfer of Ownership: Terms regarding when and how ownership transfers from seller to buyer
8. Delivery: Arrangements for delivery, including timing, location, and responsibility for costs
9. Warranties: Seller's warranties regarding title, condition, and quality of the property
10. Risk Transfer: Point at which risk of loss or damage transfers from seller to buyer
11. Termination: Circumstances under which the contract can be terminated and consequences
12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
13. Signatures: Execution block for parties' signatures and date
1. Inspection Rights: Used when buyer requires pre-transfer inspection rights
2. Insurance: Include when specific insurance requirements are needed during transfer period
3. Security Interest: Required when seller retains security interest until full payment
4. Installment Payment Terms: Include for sales involving payment in installments
5. Export/Import Requirements: Necessary for international sales or items requiring special permits
6. Maintenance Records: Important for technical equipment or vehicles
7. Return Rights: Include for consumer contracts or when specific return rights are granted
8. Intellectual Property: Required when sale includes software or branded items
9. Confidentiality: Include when transaction details should remain private
10. Force Majeure: Optional clause for handling unforeseen circumstances
1. Schedule 1 - Property Description: Detailed technical specifications and photographs of the property
2. Schedule 2 - Condition Report: Detailed report on the current condition, including any defects or wear
3. Schedule 3 - Payment Schedule: If installment payments, detailed payment dates and amounts
4. Schedule 4 - Delivery Instructions: Specific instructions for delivery, including handling requirements
5. Schedule 5 - Maintenance Records: History of maintenance and repairs if relevant
6. Appendix A - Photographs: Visual documentation of the property
7. Appendix B - Certificates: Relevant certificates of authenticity, origin, or quality
8. Appendix C - Warranty Documents: Any manufacturer warranties or additional warranty terms
Authors
Retail
Manufacturing
Automotive
Electronics
Luxury Goods
Art and Collectibles
Industrial Equipment
Consumer Goods
Agriculture
Technology
Professional Services
Small Business
E-commerce
Legal
Procurement
Sales
Compliance
Risk Management
Operations
Commercial
Administration
Business Development
Contract Administration
Asset Management
Legal Counsel
Contract Manager
Sales Manager
Procurement Manager
Business Owner
Corporate Secretary
Compliance Officer
Risk Manager
Commercial Director
Operations Manager
Asset Manager
Property Administrator
General Counsel
Legal Administrator
Business Development Manager
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