Michigan Purchase Agreement

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This Purchase Agreement is between a seller and a buyer who agrees to purchase certain products from the seller. This agreement sets out the specific terms including the exact products purchased, the purchase price and how the products will be delivered to buyer. It is important that this type of business transaction be in writing.

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This Purchase Agreement is between a seller and a buyer who agrees to purchase certain products from the seller. This agreement sets out the specific details of the transaction including the specific products purchased and their purchase price, how the products will be delivered to the buyer and the replacement of any products which are defective. It also sets forth the representations and warranties of both buyer and seller. It is imperative this type of business transaction be memorialized in writing. A written Purchase Agreement will prove invaluable if there are misunderstandings or disputes between the buyer and seller regarding the purchased products.

This Purchase Agreement for Michigan includes the following provisions:
  • Parties/Effective Date: Sets out the names and addresses of the buyer and seller and the effective date of the agreement;
  • Products: The exact products the buyer is purchasing from the seller are set out in Exhibit A to this purchase agreement;
  • Purchase Price: The total purchase price for the products to be paid upon execution of the agreement;
  • Delivery and Shipment: Sets forth that the products will be delivered to buyer within two weeks of this agreement’s date of execution;
  • Defective Products: Buyer’s procedures for inspecting the products and remedies in the event of defects;
  • Term and Termination: This agreement commences on the effective date and will continue unless terminated by either party with a thirty day written notice to the other;
  • Representations and Warranties: These provisions set forth the specific representations and warranties of both the buyer and the seller;
  • Condition of Products: Buyer agrees to take possession of the products in their present condition and acknowledges that it has conducted previous inspections of the purchased products;
  • Signatures: Both the buyer and seller must sign this purchase agreement.

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This attorney-prepared packet contains:
  1. General Information
  2. Instructions and Checklist
  3. Purchase Agreement for use in Michigan
State Law Compliance: This form complies with the laws of Michigan
Number of Pages10
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#42553

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