PURCHASE AGREEMENT
THIS AGREEMENT, effective as of [ENTER DATE], is made and entered into by and between,
XXX, of address XXX (hereinafter “Buyer”), and
Steve & XXX of address, XXX
(hereinafter “Seller”).
Whereas, Seller intends to sell the property listed in Section 1 of this Agreement, and
Whereas, Buyer intends to buy the property under the provisions of this Agreement,
Now, Therefore, in consideration of the foregoing premises, and of the mutual promises and
covenants herein contained, the parties, intending to be legally bound, do hereby agree as
follows:
1. PROPERTY
Seller agrees to sell and buyer agrees to purchase the personal property below:
One group of automotive parts to include but not limited to engine blocks, cylinder heads,
crankshafts, and grey storage containers of parts.
2. PRICING AND PAYMENT
A. Buyer agrees to pay seller $3000.00 (hereinafter “purchase price”).
B. Payment will be made to Seller in the form of a Certified Bank Check.
C. Buyer will pay 50% of the purchase price at the signing of the agreement. Buyer will
settle the payment when the parts are removed from the Seller’s property.
3. TERMINATION
Either Party to this Agreement may terminate this Agreement upon a written notice of
termination to the other Party. Unless otherwise mutually agreed to in writing, upon the
termination of this Agreement, any pending arrangement then in effect will immediately
terminate.
4. TIME
The parties hereby agree that time is of the essence with respect to performance of each of
the parties’ obligations under this Agreement.
Buyer will give Seller at least 10 calendar days advance notice of the date he intends to
retrieve the parts. If there are any scheduling conflicts, the parties agree to cooperate with
each other to find a mutually convenient date for buyer to retrieve the parts, but no later than
May 31, 2023
5. DISCLAIMER
In exchange for payment and retrieval of the automotive parts, each party waives, releases
and discharges each other from any and all claims, demands, causes of action, whether in law
or in equity, that they have, may have, or acquire in the future relating in any way to monies
owed for storage (and any related fees) of the parts or for any damages to the parts.
Seller makes no representations or warranties about the condition of the parts. Seller does
represent and warrant that the parts have been in its possession for sometime and they have
been stored inside and not exposed to any outside weather conditions.
6. DISPUTES.
Except as otherwise specifically agreed in writing by Sarah and Company, any dispute
relating to any rights and or obligations arising in this Agreement which is not resolved by
the parties shall be adjudicated by any court of competent jurisdiction in the State of
Wyoming, U.S.
7. ENTIRETY
This contract represents the entire agreement between the two parties and supersedes any previous written
or oral agreement. This agreement may be modified at any time, provided the written consent of both
Company and Sarah.
8. SEVERABILITY
The parties agree that if any portion of this contract is found to be void or unenforceable, it shall be struck
from the record and the remaining provisions will retain their full force and effect.
9. JURISDICTION
This contract shall be governed, interpreted, and construed in accordance with the laws of the State of
XXX
In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of the parties
as set forth below:
__________________________
XXX
[Enter Date]
__________________________
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