Purchase Agreement

Free Purchase Contract Templates: A Hidden Cost You Don’t See

Print Content: “I found a free template online. What could go wrong?”That’s what Mr. Vomáčka thought when selling his used van. The buyer agreed, signed — and paid only half.By the time the ownership was officially transferred, the van was crashed, and there was no clear liability.Turns out, that free template was the most expensive […]

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Penalty Clauses in Purchase Contracts: When They Work — and When They Don’t

Print Content: “We had a deal. He paid — but never picked up the goods. And now he’s vanished.”Purchase contracts sound simple: pay and take the thing. But when one party delays, defaults or disappears, it’s the penalty clause that can turn an empty promise into actual leverage.If it’s done right. Purchase agreements are everywhere

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