DIY Legal Forms

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Goods in Possession of Third Party

(Contract for the Sale of Goods

1. Introduction. Agreement made [date] between [name], with principal offices at [address] (Seller), and [name], with principal offices at [address] (Buyer).

2. Sale. Seller will sell to Buyer goods of the following description and quantity: [list of goods].

3. Purchase Price. The purchase price of the goods is ---------- dollars ($----------).

4. Delivery. Seller will deliver the goods to Buyer on [date], as provided in Paragraph 5.

5. Delivery of Document of Title. At the time of delivery, the goods will be in the possession of [name], located at [address]. Not less than [number] days before the scheduled delivery date, Seller will deliver to Buyer an indorsed negotiable document of title or a written acknowledgment from the possessor of the goods of Buyer's right to receive them. Buyer will remove the goods within [number] days following the scheduled delivery date.

6. Payment Before Delivery. Buyer shall pay the purchase price upon notification to it by Seller that Seller has the document referred to in Paragraph 5 but before delivery of the document to Buyer, which shall be conditioned on payment of the purchase price.

[signature]

Seller

[signature]

Buyer

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)