Purchase Agreement

Description of Purchased Goods
What goods were purchased by the buyer?*
Delivery of Goods
How will the goods be delivered?*
Delivery or Pickup Date*
MM slash DD slash YYYY
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Risk of Loss from any casualty to the goods ends upon…*
Will the buyer have right to inspect the goods upon delivery?*
- Yes
- No
How many business days does the buyer have to inspect after delivery?*
Payment for Goods
Payment Type*
Full Payment Amount*
Downpayment Amount*
Date Balance is Due*
MM slash DD slash YYYY
What party is responsible for any applicable taxes?*
- Buyer
- Seller

Additional Provisions
Will the seller provide a warranty for the goods?*
- Yes
- No
How many days will the warranty extend?*
Can either party cancel this transaction?*
- Yes
- No
Describe the circumstance for right to cancel the transaction.*
Additional Provisions
Dispute Resolution
Governing Law*
Method for Dispute Resolution*
Litigation method of dispute resolution is when the judge or the jury of a state or federal court make final and binding decision on the settlement of a dispute over this agreement.
Arbitration method is when a private and independent arbitrator selected by the parties makes final and binding decision on the settlement of a dispute over this agreement.
Mediation is when an independent mediator selected by the parties makes a nonbinding settlement decision, that parties can contest via litigation or arbitration.

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