| DELETED [message #237713] |
Mon, 27 January 2014 20:44  |
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dservati1
Messages: 109
Registered: December 2013
Location: Western New York -Rochest...
Karma: 1
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Senior Member |
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No Message Body
'78 Palm Beach. car nut new to RV'ing 26 ft. 403 rebuilt in 2018, rebuilt tranny in 2014, Dave Lenzi knuckles & hubs, yada yada yada on ION wheels,Green Brady Bunch stock
David Martin on Facebook
[Updated on: Tue, 28 January 2014 18:50] Report message to a moderator |
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| Re: [GMCnet] Looking for deposit and purchase "contract" [message #237750 is a reply to message #237713] |
Tue, 28 January 2014 06:15  |
Robin Hood
Messages: 1078
Registered: April 2011
Karma: 3
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Senior Member |
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As a basic matter of contract law, you're going to have to send them at
least a nominal amount if you want them to "hold" off on selling. That's
called "consideration" and without it, a contract like you're talking about
won't work. Ten bucks, a hundred bucks, tickets to the movies, whatever it
is doesn't really matter.
There are of course a lot more wrinkles to it, but generally, if you don't
put down a deposit, the owner can sell the RV out from under you and
there's nothing you can do about it. Conversely, if you haven't paid
consideration, you can back out. Also, if you haven't paid consideration
and the owner declines to sell it to another buyer who comes along, he
can't sue you for causing him to miss that sale.
This is Contracts 101 which I haven't messed with since law school, and I'm
not licensed anywhere but Mississippi and don't have a shred of legal
malpractice insurance, so I'd advise you to consult a competent attorney in
your jurisdiction, etc. :)
On Mon, Jan 27, 2014 at 8:44 PM, David <dservati1@yahoo.com> wrote:
>
>
> I'm a buyer and want to send the seller a contract that will have them
> hold the RV I've found this one:
>
> http://www.spindys.com/Forms/Deposit.html
>
> Anyone have one that is better ... for the buyer :) lol
>
> Dave
> --
> Just taking up RV'ing. Family guy who is a car nut.
> I'm on FaceBook as David Martin
> 585-953-5300 call or text :)
>
> _______________________________________________
> GMCnet mailing list
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--
Robin Hood
Jackson, MS
2013 Subaru Outback "Top Flight"
1968 Pontiac Catalina "The Cheshire Cat"
1978 GMC Royale motorhome "Pinto Bean"
1977 GMC Palm Beach motorhome "Barn Queen"
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