Create your free printable sale and purchase agreements in minutes. Our free, ready-to-use samples of purchase/sale agreement templates simplify and accelerate your deal-making.
A Purchase and Sale Agreement (PSA) is a legally binding contract formalizing terms and conditions for buying and selling a product or service. It covers all transaction details, including price, payment terms, delivery, and shipping information, agreed upon by the buyer and seller.
When acquiring or selling an entire business, most people wonder, what does a business purchase agreement look like? Browse the template that meets your case to see an example. Tailored for the comprehensive transfer of ownership, they include provisions for business valuation, transition periods, and responsibilities of each party.
Asset Purchase Agreement Template
Used 5,279 times
This Asset Purchase Agreement template sets out the terms and conditions upon which Seller shall effect the sale of asset(s) to Buyer.
For those engaged in buying or selling business assets rather than the entire business entity, this template is the go-to. It delineates the terms related to the transfer of assets, including inventory, intellectual property, and liabilities.
Share Purchase Agreement
Used 4,885 times
An official document known as a Share Purchase Agreement Template is used to specify the conditions of the sale and acquisition of a company’s shares. It describes the essential parameters of the sale, including the purchase price, the due date for payments, and the prerequisites for consummating the deal.
Stock Purchase Agreement Template
Used 5,301 times
This stock agreement template helps you break down the value of shares and timeline for the sale, assuring both sides of the transaction are covered.
For transactions involving the sale of company stock, this template addresses issues like share prices, stock transfer, and the terms and conditions of the stock purchase.
Whether you’re buying or selling residential or commercial property, this template covers the specifics of the real estate transaction. It outlines crucial details such as property description, purchase price, and closing conditions.
Land Purchase Agreement Template
Used 4,872 times
Simplify the process of buying land with our comprehensive land purchase agreement template.
Specifically tailored for transactions involving the purchase or sale of land, this template addresses the unique considerations related to vacant lots, parcels, or undeveloped properties.
Car Purchase Agreement Template
Used 7,389 times
This car purchase agreement template is a standard agreement made completely customizable for your individual needs. All fields and tokens in this agreement can be changed and customized based on each individual agreement.
Specifically designed for the buying or selling of vehicles, this template covers details like make and model, vehicle condition, and the agreed-upon purchase price.
Solar Power Purchase Agreement Template
Used 4,900 times
Do you require a long-term contract that gives both the buyer and the developer financial security, removing the main obstacles to the construction of renewable facilities? Use this Solar Power Purchase Agreement Template.
Tailored for transactions related to solar power, this template addresses the unique considerations in agreements between solar project developers and buyers. It covers aspects such as energy pricing, delivery terms, and conditions specific to solar energy transactions.
Equipment Sales Agreement Template
Used 6,719 times
This equipment sales agreement template can be used by a business or private party as a contract for the sale of any equipment.
Ideal for transactions involving machinery or equipment, this template outlines the terms for the purchase or sale, including warranties, conditions, and delivery arrangements.
Intellectual Property Sale Agreement Template
Used 5,433 times
Ready to sell your IP rights? Use this Intellectual Property Sale template to transfer those rights.
In cases where intellectual property such as patents, trademarks, or copyrights are being bought or sold, this template ensures the legal transfer of these intangible assets.
Yacht Purchase and Sale Agreement
Used 4,872 times
Our editable and customizable yacht purchase and sale agreement template covers the standard legal obligations of the purchase.
Boat Purchase Agreement Template
Used 4,872 times
Designed for transactions involving the purchase or sale of yachts, boats and watercraft, this template outlines the particulars of yacht sales.
Upload Relevant Documents: If there are supporting documents such as property descriptions or legal disclosures, use PandaDoc’s feature to upload and attach them to the agreement.
When it comes to your Purchase and Sale Agreement (PSA), certain key elements are the building blocks for a successful deal. Here’s your guide to understanding them:
Making sure your Purchase and Sale Agreement (PSA) is legally sound is crucial for a smooth transaction. Here’s your guide to the key legal aspects:
When drafting your PSA, use language that’s clear and easy to understand. Be precise in your terms to avoid confusion and potential disputes. Define terms explicitly, steering clear of any jargon that might be open to interpretation.
Make sure your PSA follows all the local, state, and federal laws that apply. Check for regulations specific to your type of transaction, whether it’s real estate, business, or another industry.
Clearly lay out the warranties and representations each party is making. Be thorough, covering all the important aspects. And don’t forget to include what happens if someone doesn’t keep their promises.
Outline how disputes will be resolved. Whether it’s through mediation or arbitration, having a clear process helps resolve issues without getting into costly legal battles.
Make sure to spell out any conditions that need to be met before the deal is sealed. Also, include contingencies to handle unexpected twists that might come up.
If there’s sensitive info involved, like trade secrets or proprietary information, add clauses about confidentiality and non-disclosure to keep things under wraps.
Clearly state which laws will govern the agreement and where disputes will be handled. This avoids confusion and sets up a clear legal framework.
Build in provisions for making changes to the agreement. This ensures that any updates happen in a formal and agreed-upon way.
Drafting and negotiating contracts can be a significant hurdle. Its specific legal language with definitions makes the process time-consuming without legal expertise. Employing a PSA template through PandaDoc proves to be a game-changer for several reasons.
Key elements include the identification of parties, a description of the subject matter, purchase price, payment terms, representations and warranties, closing conditions, and the governing law.
Using a template involves accessing it through a platform like PandaDoc, customizing details, collaborating with involved parties, reviewing, and finalizing the document. Electronic signatures can be obtained for legal validity.
Yes, once signed by all parties, a Purchase and Sale Agreement becomes a legally binding contract. Breaching the terms may lead to legal consequences.
While both terms are often used interchangeably, a Purchase and Sale Agreement is generally a broader term that encompasses various types of transactions. A Sales Agreement may refer specifically to the sale of goods.
Modifications should be made through formal amendments agreed upon by all parties. It’s crucial to follow the agreed-upon process to ensure changes are valid.
The signing of a Purchase and Sale Agreement typically occurs after negotiations between the buyer and seller have reached a consensus on the terms. It marks a crucial step in the transaction process, formalizing the agreement and initiating the path towards the closing of the deal.
