A purchase contract template is a readymade purchase contract which can be used by any person who needs or requires knowing how to frame a formal contract of this kind. Any purchase contract is a formally drafted document which is framed between a purchaser and a seller. These contracts consist of certain terms and conditions which have to be agreed upon by the involved parties. The template comes with point by point explanation of how the contract must be framed. Given below is a sample of a purchase contract template.

Sample Purchase Contract Template:

This contract has been made effective on __________ [starting date of the contract in dd/mm/yy format] and shall remain into effect till ____________ [termination date of the contract in dd/mm/yy format].

This contract has been made by and between_________ [mention the title given to the first party Eg. PURCHASER] and ___________ [mention the title given to the second party Eg. SELLER]

The details of the parties are given as follows:

PURCHASER:

Name: ____________ [mention the name of purchaser]

Contact number: __________ [mention the contact number]

Address: ______________ [mention the address]

SELLER:

Name: ______________ [mention the name of the SELLER]

Contact number: ______________ [mention the contact number]

Address: _______________ [mention the address]

Details of the purchase made:

Purchase item: ________________ [name the item/items to be purchased]

Purchase price per item: _____________ [price of one item]

Total price: ______________ [total price amount]

Terms and conditions:

  • [mention here the various terms and conditions here point wise such as the clauses for following the contract]

Signatures:

_____________ [signature of SELLER]

_____________ [signature of PURCHASER]

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