Hi everyone, firstly, just wanted to thank everyone for making me feel welcome on the board and answering my questions. You guys are great, I really appreciate it!
Secondly, does anyone know where I can get a sample legal contract for:
1. A standard wrap
2. A standard lease option
email: g e n e r a l g h e r k i n @ y a h o o . c o m
phone: 0405 411 098
$495 for the NSW contract.. ouch! But hey, it’s an investment in my future, I suppose, especialliy since the alternative, paying 1000’s in lawyer fees, is a lot more expensive They didn’t have a contract for the ACT yet… which is where I live so I guess I should focus my initial efforts in the Queanbeyan area, which is close enough to virtually be in canberra, yet is in NSW.
email: g e n e r a l g h e r k i n @ y a h o o . c o m
phone: 0405 411 098
It may seem a lot Nathan but that is not thast much believe me. The real challenge is finding a good solicitor. You can always check them out at the vendor finance association. http://www.financewraps.asn.au
Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
maybe I sound a little “conserv” here, but I really think that it is better for you to understand the elements of the contract (i.e WHY those specific clauses are used) than to just use a generic one.
So, my call on this is to say get as much info as you can then sit down with the legal part of your team and put together something that makes sense to you, that you understand.
Of course, this may well be based on a contract sourced from someone else []
Don’t forget that the new purchaser is going to pay the cost of creating the contract in his startup costs – if you spread the $495 over several deals it’s not a large sum to outlay
Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm