Contract help... | FerrariChat

Contract help...

Discussion in 'Other Off Topic Forum' started by Jason W, Mar 23, 2004.

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  1. Jason W

    Jason W Formula Junior
    Silver Subscribed

    Oct 31, 2003
    Full Name:
    Jason W
    Anyone have any copies of contracts I could take a look at?

    I'm working w/ a friend to buy a local grocery store and I want to get a contract w/ the owner to hold the store while I come up w/ the funds.


  2. groovzilla

    groovzilla Karting

    Nov 28, 2003
    seattle, wa.
    Full Name:

    having purchased businesses and real estate, i can only tell you to use an attorney..

    do you have any friends who are attorneys??... review any documents/contracts that are drafted with an attorney.....
  3. dfratini

    dfratini Karting
    Silver Subscribed

    Dec 31, 2003
    Spokane, WA
    Full Name:
    Daniel Fratini
    I am not a lawyer so this is not job security, but I own my own business and have been in business for about 25 yrs. now. Hire a good lawyer familiar with buy / selling of property and busniesses.

    You will spend a few hundred dollars up front but in the long run it will be money well spent.

    My $0.02.
  4. Tyler

    Tyler F1 Rookie

    Dec 19, 2001
    dusty old farm town
    Full Name:
    Jason, everyone here is right. Find a good attorney who specializes in this stuff and find a good accountant. Together they can point out the things you have missed or not thought of. I've bought and sold a few properties and businesses over the years and my lawyer and my accountants fees seem really inexpensive compared to the savings I've gotten.
  5. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    Nova Scotia Canada
    Full Name:
    Don't go it alone. I felt like a kid {18} when I asked questions about a business, but I knew what I was doing was safe and smart. These people don't care if you are a total moron! They are more like machines, spitting out information. Take the advice from them and make yourself a star!
  6. dherman76

    dherman76 Formula Junior

    Feb 25, 2004
    Full Name:
    Darren Herman
    Trust me, get a good lawyer. You get what you pay for.

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