Car Wash Business Sale Agreement

Document Type

DOCX

Pages

Price: KES 300

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Document Overview

A Car Wash Sale Agreement is a legally binding contract between a seller and a buyer outlining the terms and conditions under which a car wash business is sold.

Key Contents of the Agreement:
1. Parties to the Agreement
2. Description of the Business
3. Purchase Price
4. Deposit Clause (If Applicable)
5. Completion Date and Handover
6. Warranties by the Seller - Confirming the seller owns the business and that there are no hidden liabilities
7. Risk and Possession- Specifies when the buyer assumes ownership and risk
8. Confidentiality
9. Governing Law and Dispute Resolution
10. Signatures and Witnessing

Purpose of the Agreement:
1. Protects Both Parties by clearly outlining the terms of the sale and expectations.
2. Secures Commitment Through Deposit
3. Transfers Business Legally
4. Provides Legal Recourse
In case of breach or dispute, the agreement can be used in court or mediation.
5. Clarifies What Is Being Sold

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Car Wash Business Sale Agreement

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