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Equipment Purchase and Sale Agreement

Free equipment purchase and sale agreement template for buying or selling business equipment or machinery.

This free equipment purchase and sale agreement covers 1. Equipment, 2. Purchase Price, 3. Condition, 4. Delivery, 5. Inspection with 10 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.

Template — click to edit

Equipment Purchase and Sale Agreement

Seller: [Name] · Buyer: [Name] · Date: [Date]

1. Equipment

Seller agrees to sell, and Buyer agrees to purchase, the following equipment: [Description, make, model, serial number(s)].

2. Purchase Price

Total purchase price: [Amount], payable [Terms — e.g. full payment on delivery, deposit plus balance].

3. Condition

[ ] Sold "as-is, where-is," with no warranties of any kind. [ ] Seller warrants the equipment is in good working order as of the delivery date, for [Period].

4. Delivery

Equipment will be delivered to [Location] by [Date], with [Buyer/Seller] responsible for shipping costs and risk of loss during transit.

5. Inspection

Buyer has [had the opportunity to inspect / a period of [Number] days after delivery to inspect] the equipment and accepts it in its current condition, subject to Section 3.

6. Title

Title transfers to Buyer upon [full payment / delivery].


Seller: ______________________ Date: ____________ Buyer: ______________________ Date: ____________

*Being explicit about "as-is" versus a limited warranty (Section 3) is the single most important term in a used-equipment sale — without it, disputes over pre-existing wear or hidden defects are far more likely to end up contested.*

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What's included

Who this template is for

Freelancers & solo founders

Handling routine business paperwork without commissioning custom legal drafting for every document.

Small businesses

Standardizing recurring documents — leases, agreements, notices — across a growing operation.

Anyone reviewing before signing

Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.

Early-stage businesses

Getting the basics documented before things get more complex.

FAQ

Is this equipment purchase and sale agreement template really free?

Yes, completely free — view, edit, and download this equipment purchase and sale agreement as a PDF without creating an account.

What does this equipment purchase and sale agreement cover?

This business template includes 1. Equipment, 2. Purchase Price, 3. Condition, 4. Delivery. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.

Is this legal advice?

No. This is a general-purpose starting structure, not advice for your specific situation. Business agreements can hinge on details — state of formation, industry-specific regulation, how a dispute would actually play out — that a template can't account for. Have a business attorney review anything that involves real money or real risk before you rely on it.

Can I edit the wording?

Yes — edit directly on the page, adjust any section or clause, and re-fill the 10 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.

Where can I find more free templates like this?

Browse more free business and related document templates in the docstoc library at /document-templates/.

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