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Form #996

Contract for Sale of Furniture and Fixtures

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Contract for Sale of Furniture and Fixtures - Free Legal Form

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Contract for sale of furniture and fixtures.

Agreement made this _________, between _________ of _________, seller, and _________ of _________, buyer.

1. Seller agrees to sell to buyer, who agrees to purchase at valuation and on terms mentioned below, all the stock, implements, and utensils in trade, household furniture, fixtures, fittings, and effects specified in schedule A attached [omitted], now being in, on, and about hotel, called "the _________ hotel," its cellars, stores, garage, outbuildings, yards, and premises, which now are in occupation of seller, situated at _________.

2. The valuation shall be made on or before _________, 19__, up to which time all outgoings in respect of hotel and business shall be defrayed by seller, when amount of such valuation shall be paid to seller, who will then deliver to buyer, or buyer's agent, full and peaceable possession of hotel and premises, and also of stock in trade, furniture, fixtures, fittings, and effects.

3. The valuation shall be made by two persons, one to be chosen by each party, or by an umpire to be chosen by such appraisers before entering upon such valuation; and in case either party shall neglect or fail to make such appointment within _________ days from the date of this agreement date, or if either of such valuers or the umpire shall refuse or neglect to proceed and complete such appraisal within _________ days, of their appointment, the appraiser of the other of them shall proceed alone, and the appraiser's valuation shall then be binding and conclusive upon both the parties.

4. In case buyer shall refuse or neglect to pay amount of such valuation on _________, 19__, or if seller shall, on an offer, in writing, of the purchase money, delivered, or left at the hotel, refuse or neglect to deliver up possession, and of all the outbuildings and premises, and of stock in trade, furniture, fixtures, fittings, and effects, or to deliver over and transfer licenses relating to hotel and premises and the business of them, defaulting party shall forfeit and pay to the other of them $_____ for liquidated damages between them; and then these presents shall become void.



 
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Name of Firm Anonymous3
Total Forms Contributed 102
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Keywords: furniture, fixtures, legal forms

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