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What are the essential elements that must be included in a legally sound equipment sales agreement?
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Start by listing exact equipment specifications, condition, included components, and software versions if applicable.
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Include payment structure, delivery terms, warranty coverage, and after-sales responsibilities in detail.
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Define liability boundaries who is responsible if equipment arrives damaged, fails within 30 days, or doesnt match the specs?
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Add clauses for dispute resolution, termination conditions, and jurisdiction for legal matters especially in cross-border deals.
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What specific clauses and information should be included in a legally binding sales agreement for used or new gambling equipment?
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List each device's model, serial number, included accessories, and current condition with photos or inspection summary.
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Define payment terms, shipping responsibilities, return policy, and warranty coverage clearly.
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Specify liability in case of damage during transport, hidden defects, or delays in delivery.
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Add a section for dispute resolution and legal jurisdiction - especially important for cross-border transactions.
How to correctly draft a sales contract for equipment
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