Used Equipment Sales Agreement
(Seller)

This template can be used by a seller for the sale of used equipment. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template is for the sale of used equipment and has been drafted with terms and conditions that favor the seller in the transaction. Accordingly, it does not impose terms on the seller that would be beneficial to the Purchaser and/or would often be included in a negotiated agreement for new equipment, such as warranty and indemnification obligations. The Agreement is also premised on the Seller not being the manufacturer of the equipment and therefore does not include terms that would likely be addressed in sales transactions with manufacturers, such as those addressing confidentiality, intellectual property, and infringement obligations. For agreements and guidance for the sale of equipment, see Equipment Purchase Agreement (Seller), Equipment Purchase Agreement (Buyer),Equipment Purchase Agreement for Seller Drafting Checklist, Equipment Purchase Agreement for Buyer Drafting Checklist. For a full listing of content on supply agreements, see Supply of Goods Resource Kit. For a contract and guidance for maintenance of equipment, see Equipment Maintenance Agreement, and Equipment Maintenance Agreement Drafting Checklist (Service Provider). For guidance on equipment leasing, see Master Equipment Lease Agreements. For a full listing of equipment leasing content, see Leasing versus Purchasing Equipment, and Equipment Leasing Resource Kit.