How to write sale agreement ?

   Share on Facebook  
Riyasknr  #532707  Thu, 26 Jun 08 07:36 AM
Dear friends...

I would like to buy a car from one of my friend. Total car value is Dhs 20,000.00. My friend said... First you pay Dhs 12,000.00 then balance 8,000.00 you can pay installments. Like Dhs 2,000.... Dhs 2,000 for four months.

Please help me... How to write sale agreement?

Ur's riya
  
Not Ranked
Joined on Thu, Nov 22 2007
DUBAI
New Member (22)
Mister Micawber  #532721  Thu, 26 Jun 08 08:07 AM
.
Please draft a letter indicating the full names of the buyer and seller, the terms and total amount agreed upon, and listing the payment amounts and dates.  Then we will help you polish it.
  
Top 10 Contributor
Joined on Wed, Aug 4 2004
Yokohama
Veteran Member (21,223)
SystemAdministratorTeachers
'The question is,' said Humpty Dumpty, 'which is to be master-- that's all.'
Riyasknr  #532736  Thu, 26 Jun 08 08:24 AM

First of all.. I would like say... Thanking you very much my dear friend.. Your sincere and promptly reply...

BUYER NAME:
M.A. MOHAMED RIYASUDEEN. - INDIAN

SELLER NAME:
A.A. ABDUL WAHEED - INDIAN.

We agreed total amount of vehicle Dhs. 20,000.00

Initial payment: Dhs. 12,000.00 on 02.07.2008 then balance Dhs 8,000.00 I will pay installments.

Installment dates:

01) 05.08.2008 - Dhs 2,000/-

02) 05.09.2008 - Dhs 2,000/-

03) 05.10.2008 - Dhs 2,000/-

04) 05.11.2008 - Dhs 2,000/-


Ur's riya


  
Mister Micawber  #532816  Thu, 26 Jun 08 12:13 PM
.
Something like this should be sufficient:




SALES AGREEMENT

Description and Identification of Vehicle:  [Vehicle maker, model, year, color, license/serial number]

Seller agrees to grant Buyer clear title to and full possession of the abovementioned vehicle for the consideration of a total of Dhs. 20,000.00 to be paid as follows:

Initial payment: Dhs. 12,000.00 on 02 July 2008

Balance of Dhs 8,000.00 to be paid in four equal installments, as follows:

01) 05 August 2008 - Dhs 2,000/-

02) 05 September 2008 - Dhs 2,000/-

03) 05 October 2008 - Dhs 2,000/-

04) 05 November 2008 - Dhs 2,000/-


(signed)

BUYER:  M.A. MOHAMED RIYASUDEEN


(signed)

SELLER:  A.A. ABDUL WAHEED
  
Riyasknr  #532884  Thu, 26 Jun 08 01:48 PM
Thanking you my dear friend..

Ur's riya
  
AddThis Feed Button RSS Feed: ESL, Formal, General & Business Letter Writing (English language)
© 2008 MediaCET Ltd.
Terms and Conditions & Terms of Service