If you`re considering getting a new furry friend, chances are you`ll need to put down a deposit to secure your puppy. A sample puppy deposit contract can help ensure that both parties are on the same page.
The purpose of a puppy deposit contract is to protect both the buyer and the seller. It outlines the terms of the deposit, including the amount, when it`s due, and what happens if the sale falls through.
Here`s what you need to know when drafting a puppy deposit contract:
1. Deposit amount
The deposit amount is typically a percentage of the total price of the puppy. This can vary from breeder to breeder, but it`s usually around 25-50%. Make sure to include the amount in the contract.
2. When the deposit is due
The due date for the deposit should be clearly stated in the contract. It`s common for the deposit to be due when the buyer chooses their puppy, but it`s up to the seller to decide.
3. What happens if the sale falls through
This is an important aspect of the contract. It should state whether the deposit is refundable or non-refundable, and under what circumstances. For example, if the puppy becomes sick or dies before delivery, the deposit may be refunded. If the buyer changes their mind, the deposit may not be refunded.
4. Delivery date
The delivery date of the puppy should be agreed upon by both parties and stated in the contract. This includes the date the puppy will be ready for pickup, or the date it will be shipped.
5. Health guarantee
It`s a good idea to include a health guarantee in the contract, which states that the puppy is healthy and free from any illnesses or genetic defects. This protects the buyer if the puppy becomes sick within a certain timeframe after delivery.
Overall, a puppy deposit contract is an important step in the process of getting a new furry friend. Make sure to read it carefully before signing and keep a copy for your records. Happy puppy shopping!
