Experience Level: Expert
I am selling a boat for £24,000. The purchaser is paying 10% and the balance over 60 months at £360 per month. We need a contract stipulating when payments are due, over what period, how made and what happens should payments be missed. The contract should also cover things such as what happens if either party passes away through illness or accident and also issues such as keeping the boat in a good condition, insured and to abide by marina regulations.
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