Notary Contract for Individual to Individual
NOTARY CONTRACT FOR INDIVIDUAL TO INDIVIDUAL
I. Parties Involved
This contract is made and entered into on this day, [DATE], between:
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[PARTY ONE NAME], residing at [PARTY ONE ADDRESS], referred to as "Party One"
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[PARTY TWO NAME], residing at [PARTY TWO ADDRESS], referred to as "Party Two"
II. Terms and Conditions
The terms and conditions of this agreement are as follows:
Delivery Schedule
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Party One agrees to deliver the product, a handmade wooden table, to Party Two's address at [PARTY TWO ADDRESS] by [DATE].
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Party Two agrees to accept the delivery and make a payment of $500 upon receipt of the handmade wooden table.
Payment Terms
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Party Two shall make the payment of $500 to Party One within 7 days of receiving the handmade wooden table.
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Late payments shall incur a penalty of $25 per day until the outstanding amount is settled.
Quality Assurance
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Party One warrants that the handmade wooden table delivered will be of high-quality craftsmanship and free from defects.
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In case of any defects discovered within 30 days of delivery, Party Two shall notify Party One, who will have the responsibility to repair or replace the table at no additional cost.
III. Operational Agreement
Party One and Party Two agree to the terms and conditions mentioned above and commit to fulfilling their duties as outlined in this agreement. Failure to comply may result in legal actions as per the law of the jurisdiction.
IV. Signatures
Both parties will sign below as proof of their agreement to the terms and conditions stated within this contract.
[PARTY ONE NAME]
Date: [DATE]
[PARTY TWO NAME]
Date: [DATE]
V. Notarization
The undersigned notary public, [YOUR NAME ], hereby certifies that on this day, [DATE], appeared before me [PARTY ONE NAME] and [PARTY TWO NAME], known or proven to me through identification to be the persons whose names are subscribed in the preceding or attached instrument, and acknowledged they executed the same.
VI. Notary Public
Notary Name: [YOUR NAME]
Commission Expiration: [YOUR COMMISSION EXPIRATION DATE]
