Voetstoots contract clause example

Voetstoots Clause

Example of Voetstoots contract clause in a Purchase and Sale agreement, to download in word format.

Purchase and Sale agreement

Memorandum of Purchase and Sale Agreement entered into between:

Name: ______________________________

Mobile Number: ______________________________

(“the Seller”)

and

Name: ______________________________

Mobile Number: ______________________________

(“the Buyer”)

Description of Goods

The Seller sells to the Buyer an/ the ______________________________________ (here in after referred to as “the Goods”)

Purchase Price

The purchase price of the Goods shall be Rs. _________________

(___________________________________________amount in words).

The purchase price must be paid upon delivery of the goods.

Delivery

The Seller shall effect delivery of the Goods upon receipt of payment for the above mentioned goods.

Risk and Benefit

The risk and benefit will pass from the Seller to the Buyer upon delivery of the Goods.

Defects

The goods are sold voetstoots and the Seller shall not be liable for any defects in the goods, latent or otherwise.

Domicilium

The address of the Seller shall be: -

_____________________________________________________

and

The address of the Buyer shall be: -

_____________________________________________________

Signed and dated at ________________________on this the _______ day of

______________________ 20______ in the presence of the undersigned witnesses.

AS WITNESSES:

___________________ 1. _________________

Seller

2. _________________

___________________

Buyer

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