In consideration for the amount identified as Amount Sold to CARLITO'S PAWNSHOP, Seller ("you") hereby sell to the Purchaser ("us") the goods described in this Purchase Ticket. The Seller represents and warrants that the goods are not stolen, rented, or leased and that they have no liens or encumbrances against them. Seller also attests to be the rightful owner of the sold property and that seller has the right to sell the property. Seller attests that the goods sold to Purchaser are not in voluntary or involuntary bankruptcy, administration proceeding, or any government action of any type, and the Seller warrants they are at least 18 years of age. The transaction financial terms are: Amount Purchased $0.00; Service Charge Rate 25%; Service Charge $0.00; Tax $0.00; Total of Payments $0.00.
Any personal property sold to the purchaser which is not re-purchased at the sellers sole option within the option period, and if the expiry date is not a business day, then the following business day is automatically forfeited to the purchaser, and any re-purchase option the seller has been granted shall cease and be void. Furthermore the seller acknowledges that absolute right, title, and interest in and to the property vests in and was conveyed to the purchaser by operation of law, and no further notice of an expiring purchase option is necessary. The Seller is not obligated to redeem the sold goods.
In this purchase transaction the purchaser may contract for and receive a re-purchase service charge as outlined on the front side of ticket SEE REVERSE SIDE. The Seller automatically extends his re-purchase option for an additional period for an additional service charge equal to the service charge on the front side of this ticket. SEE REVERSE SIDE. After four (4) paid seller extensions, it will be the sole discretion of the purchaser as to whether to extend additional re-purchase option.
Proper identification required on all re-purchases. Within the option period, only the original Seller is entitled to re-purchase the goods sold to the Purchaser, however, if the Purchaser determines that the person is not the original Seller, or the Sellers authorized representative, the Purchaser is not required to allow the re-purchase of the sold goods by such person. The person re-purchasing the sold goods must sign the Sellers copy of the Purchasers transaction form, which the Purchaser will retain as evidence of the person's receipt of the sold goods. The person redeeming the sold goods is the Pledger's authorized representative, that person must present notarized authorization from the original Seller and show identification to the Purchaser and the Purchaser shall record that person's name, address and identification on the Purchaser transaction form retained by the Purchaser.
Any person who knowingly gives fake verification, in any form of ownership or gives a fake or altered identification and who receives money from the Purchaser for goods sold is committing a crime punishable under the country of sales applicable laws.
If the purchase transaction form is lost, destroyed, or stolen, the Seller must immediately advise the Purchaser in writing By certified or registered mail, return receipt requested, or in person evidenced by a Signed receipt.
If the sold goods are lost, stolen or damaged while in the Purchaser's possession, the Purchaser may satisfy the Sellers claim to re-purchase by replacing the item with like kind of merchandise (Precious Metal or Jewelry will replaced same design and KT or current spot Trading Price of Precious Metal solely at the Purchaser's option; Watches will be replaced with the same year and model as Sellers sold to Purchaser). Such replacement is a defense to any civil action based upon the loss or damage of the goods. Seller agrees that CARLITO'S PAWNSHOP (or legal entity Purchasing the Seller's goods) will not be held responsible for loss of goods due to any Act of God or Force majeure.
In the event of litigation or arbitration, the losing party shall be responsible for all the attorney's fees of both parties.
No oral representation shall in any way change or modify these written conditions, and such oral representation shall in no way be binding upon the issuer of this purchase ticket.
NO GOODS SENT COD - VERBAL AGREEMENTS FOR ADDITIONAL DAYS ARE NON BINDING
I HEREBY ACKNOWLEDGE RECEIPT OF SOLD PROPERTY LISTED ON THE REVERSE SIDE OF THIS CONTRACT and the above conditions.