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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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1993-08-01
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AGREEMENT FOR BULK SALE
____________, referred to as SELLER, and ___________, referred to
as BUYER, agree:
SELLER shall sell to BUYER the following goods:
______________________________________________________________
The total purchase price shall be $__________ ( _________________
_______ &___/100 dollars). The BUYER shall pay a deposit of $
______ ( _____________&___/100 dollars) no later than __________,
199___. The balance of the purchase price shall be paid no later
than ______________. 199___.
Delivery of the same shall take place on no later than
____________, 199___, at _______________, ____________________,
______________.
This sale shall be pursuant to the Section 6 of the Uniform
Commercial Code (referred to herein as the "Bulk Sales Law") of
the State of Florida.
SELLER shall provide to BUYER a complete and sworn list of
creditors, including those who assert claims, but which are
disputed by SELLER, even if those claims are groundless or false.
The SELLER shall be under a continuing duty to supplement the list
of creditors if there are any changes or new claims asserted, even
if the same are groundless or false.
At least _________ days before the closing scheduled herein, the
BUYER shall give notice of the transfer, as is provided in the
Bulk Sales Law, to all creditors, including those who are listed
as disputed. The SELLER shall fully cooperate with BUYER in the
mailing of the notices and the provision of information necessary
to complying with the provisions of the Bulk Sales Laws.
There are no liens upon the property to be sold by BUYER, and
BUYER shall indemnify the SELLER from the claims of any entities
to the sold goods.
The risk of loss to the property shall be borne by the SELLER
until closing. In the event that 5% (five percent) or less of the
value of the goods are lost, at the option of BUYER, the BUYER may
either deduct the value of the damaged goods, or may accept an
assignment of insurance proceeds, and pay the full contract price.
In the event that more than 5% (five percent) of the value of the
property is destroyed, the BUYER shall have the right to rescind
this contract, or to close, and to accept an assignment of
insurance proceeds.
Each party represents to the other that there are no brokers or
agents employed in relation to this agreement.
Time shall be of the essence in this agreement.
This contract constitutes the entire agreement between the parties
and there are agreements, express or implied, that are not stated
herein. This agreement may only be modified by a writing executed
by both parties herein.
Dated: _______________________________
____________________________________________
____________, by an authorized representative
____________________________________________
____________, by an authorized representative