A contract of sale of shipping containers
A contract of sale of a shipping container is a document that confirms the transfer of ownership on a transportation module from a seller to a buyer. The document is prepared in a written form and does not require a notary certification. It is important to fill in the documents right to make a deal. The paper that does not meet all the requirements is not valid. The actual templates of such contracts can be found on the websites of state organizations.
The main details of the contract of sale
The contract sets the detailed parameters of container’s technical conditions, data about a seller and a buyer, the price and the plan of action to close the deal. Among the main contract’s points are the following:
- the object of the contract that includes the titles and their number, as well as records the duty of the buyer to pay the agreed sum;
- seller’s responsibilities to transfer a shipping container and all relevant documents, to keep its safe during transportation;
- buyer’s responsibilities to accept and pay for the container or let a seller know of some defined term violations that were enumerated in the agreement;
- deadline of the contract and form of payment;
- buyer’s responsibility for terms misconduct and possible penalties;
- seller’s responsibility for identified short-comings of a container, its untimely delivery or delay on the way;
- special sections with stating possible risks and parties’ duties after all the processes are completed.
Seller guarantees that a shipping container is not a subject of the dispute, it is not mortgages, sold, presented or arrested. Buyer reviews the container and accepts the module in the condition; it is in the moment of concluding the treaty. In case of situations that are not stated in the document parties regulate their activities with accordance to the legislation of the residential country. The document is made in two copies, both of them have the equal legal force.
There are separate sale contract templates for refrigerator containers, and documents for making deals between individuals and organizations. Container rental agreement includes prepayment terms and renter’s responsibilities. Container delivery agreement states the payment and delivery conditions, as well as the assembly and terms of guarantee. Violation of the terms is a reason to break the contract in a pre-set order.
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