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Purchase Agreement (Goods or Assets)

Free purchase agreement template for buying or selling goods, equipment, or business assets outside of a simple invoice.

This free purchase agreement (goods or assets) covers 1. Item(s) Sold, 2. Purchase Price, 3. Delivery, 4. Condition and Warranties, 5. Risk of Loss with 8 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

Purchase Agreement

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

1. Item(s) Sold

Seller agrees to sell, and Buyer agrees to buy, the following: [Detailed description of goods/assets, including condition — e.g. "as-is" — and any serial/identification numbers].

2. Purchase Price

The total purchase price is [Amount], payable as: [Full payment on signing / deposit of [Amount] with balance due on delivery / installments — describe].

3. Delivery

[Description of delivery — date, location, method, and who pays shipping/transport costs.]

4. Condition and Warranties

[Choose one: "Item(s) are sold as-is, with no warranties of any kind." OR describe specific warranties made by Seller.]

5. Risk of Loss

Risk of loss or damage transfers to Buyer upon [delivery / payment in full — specify].

6. Title

Seller confirms they have the legal right to sell the item(s) and that they are free of liens or encumbrances, unless otherwise disclosed: [Disclose any liens, if applicable].

7. Governing Law

This Agreement is governed by the laws of [State/Country].


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

*This document is provided for informational and educational purposes only and does not constitute legal advice. For real estate, vehicles, or high-value assets, additional state-specific disclosures or title transfer paperwork may be legally required — confirm what applies before relying on this template alone.*

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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 purchase agreement (goods or assets) template really free?

Yes, completely free — view, edit, and download this purchase agreement (goods or assets) as a PDF without creating an account.

What does this purchase agreement (goods or assets) cover?

This business template includes 1. Item(s) Sold, 2. Purchase Price, 3. Delivery, 4. Condition and Warranties. 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. Templates like this cover the common ground most businesses need, but they can't anticipate your specific deal terms, jurisdiction, or industry rules. Treat it as a first draft to build from, and get a business attorney's eyes on it before signing anything that matters.

Can I edit the wording?

Yes. All 8 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.

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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