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Purchase Agreement For Used Boats: Seller Buyer

This document is a purchase agreement for a used boat. It outlines the contractual parties which includes the seller and buyer's names, addresses and dates of birth. It describes the object of sale including the boat's name, type, construction number, hull ID number, dimensions, motor specifications and sail number. The sale price, down payment date, payment completion date and payment method are specified. The document states the boat becomes the buyer's property once full payment is made and will be handed over by a certain date at a specified location. It provides a limited warranty and excludes liability for material defects, except for gross negligence, intentional misconduct or injury. The document concludes by designating the place of jurisdiction and governing law.

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100% found this document useful (1 vote)
170 views1 page

Purchase Agreement For Used Boats: Seller Buyer

This document is a purchase agreement for a used boat. It outlines the contractual parties which includes the seller and buyer's names, addresses and dates of birth. It describes the object of sale including the boat's name, type, construction number, hull ID number, dimensions, motor specifications and sail number. The sale price, down payment date, payment completion date and payment method are specified. The document states the boat becomes the buyer's property once full payment is made and will be handed over by a certain date at a specified location. It provides a limited warranty and excludes liability for material defects, except for gross negligence, intentional misconduct or injury. The document concludes by designating the place of jurisdiction and governing law.

Uploaded by

Memo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Purchase agreement for used boats

The masculine pronoun will be used.

1. CONTRACTUAL PARTIES

SELLER BUYER
Surname/First name Surname/First name

Street Street

Postcode/Town Postcode/Town

Born Born

2. OBJECT OF THE AGREEMENT

Object of sale Name Type

Construction N°/Hull ID N° Build date Sail number

Length Width Depth

Motor(s) hp kW Type

3. SALE PRICE

Purchase price Currency

Down payment on (date) Payment completed on (date) Payment method

4. HANDOVER
The craft only becomes the property of the purchaser once the full purchase price has been paid.
Handover will take place latest by (date) Location
free land free water

5. WARRANTY
5.1. The vessel is sold under exclusion of liability for material defects. This exclusion does not apply to claims for
damages arising from liability for material defects that are based on a grossly negligent or intentional breach of duties
on the part of the Seller or the Seller’s vicarious agents as well as injury to life, limb and health. Any remaining claims
against third parties arising from liability for material defects are to be assigned to the Purchaser.
5.2. The seller confirms that he is the sole owner of the craft and that the craft is not subject to the rights of any third
parties. Following full payment and/or the handover of the ship, the seller shall provide the buyer with all relevant
papers and instructions relating to the ship (where available).

6. PLACE OF JURISDICTION AND APPLICABLE LAW

Both parties agree that the place of jurisdiction is (country/place)

The law of (country) applies.

Place/Date Place/Date

Signature Signature

Seller Buyer

PLEASE NOTE: The follow contract texts are a template. They have been carefully prepared, however they do not guarantee legal validity. They are intended as a guide
and formulation aid only; it is still necessary for the user to undertake a careful evaluation of the relevant legal situation. The provider of these templates thus assumes
no liability for any resulting effects on the parties' legal positions.

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