The buyer must verify the purpose of the sale as soon as possible or when delivering to the buyer in question. The buyer accepts or refuses the aforementioned purchase object and informs the seller within 3 months of the refusal of the standards required by the buyer. If the inspection period expires, it is considered that the buyer`s requirements are met and that the products delivered to him have been accepted. Explicit guarantees: An explicit guarantee is a positive statement from the seller about the quality and characteristics of the merchandise. An example of an express warranty is an electronics distributor that tells a customer, “We guarantee defects to your newly purchased TV for three years. If you tell us there is a defect, we will replace it or fix it. However, an explicit guarantee can be created even if the seller does not intend to establish one. If the sales contract has a description of the products that the buyer relies on at the time of purchase, an explicit guarantee is made that the merchandise complies with that description. When the seller makes a sample of the merchandise available to the buyer, an explicit guarantee is made that the merchandise matches the sample. A written agreement allows both the seller and the buyer to clearly state the explicit guarantees that apply to the merchandise if necessary. detail the transaction. Identify products for sale, their means and delivery date. In some cases, it may be necessary to indicate the condition or assembly of the goods for sale.
All additional information on which the other party must be informed must be included in the sales contract. For B2C and B2B transactions, you may enter into a sales contract with an individual or company in another area. Industry-specific terminology often makes it more difficult for all parties to understand the business contract, according to the author. If you don`t fully understand the meaning of the word or concept, then it would probably be better to stick to something simpler. Adding a definition of the technical terms you use is essential to put everyone on the same page. It is also important to keep a record of the property you are selling for tax and accounting purposes. Selling real estate can affect your tax return. The Internal Revenue Service (IRS) asks you to report all other income, including income from “exchange and exchange of goods.” A tax lawyer or accountant can provide you with more information about the impact that the sale of real estate can have on your tax return. If in doubt, set words that are not familiar to the average reader.
You also need to agree with the words you use to get clarity. If you use z.B the word “goods” to describe furniture in a real estate purchase agreement, do not refer to it as an “article” in the later part of the document. Consistency is a way to dispel the confusion and misunderstandings that are problematic in the agreement. If you know that you want to buy or sell certain goods, but you have not agreed to all the details or are not ready to sign a sales contract, you can first sign a letter of intent to outline the terms and the negotiation agreement. Effective contracts are clear, direct and accurate in form. Contrary to what many believe, the “legal” language is not an inevitable part of the contract letter. Contracts, which are difficult to understand, do not cause problems until later. If necessary, it is a good idea to have the language of your sales contract rewritten by the other party and to give examples of sections that may be confusing to the reader.