Guidelines: selling/buying personal items

Easily record any sales transaction, showing the item for sale and its condition. Leave no room for dispute once the sale is completed.

 

Step 1: Identify the parties

As a registered user, open the Lexigogo app and push the + button to create a new video contract. Identify both yourself and the other party when starting the video recording, stating your full names and details as well as your roles in the agreement (buyer, seller, client, etc.).

Step 2: Describe the sale item

Describe the object and its condition (how old or new, under construction etc.), zooming in on any features or damages. Ensure there is enough light on the object for visibility in the video. 

 

For a car sale, for example, zoom in on the mileage, identification (chassis) number and  corresponding paperwork. We recommend turning the car on while video-recording to show that all technology is working (navigation, Bluetooth, lights, motor, indicators, airco, etc.). Remember you can pause the video at any time as each piece of the recording will be stitched together at the end.

 

Step 3: Payment, conditions and terms

Agree on a price, currency (i.e., USD, EUR) and payment terms (invoice, cash, date, etc.). Make sure to clarify when, where, by whom and how the sale item will be delivered and whether this is included in the price.

Step 4: Mutual consent and “signature”

Once your draft video contract is ready, send it to the other party for approval. After approved, the video contract will be sent back to you for “counter-signature.” It becomes effective for both parties upon signature.

Note: The app will automatically log your geolocation, date and time so no need to state in your video.

*Note: Lexigogo is a medium developed by Lexigogo BVBA to store and exchange video contracts. Lexigogo BVBA does not in any case provide legal or any

other kind of advice, nor does its use create or enter into an attorney-client relationship. Lexigogo BVBA cannot be held liable or responsible for the content

of any video contract, nor any and all consequences (personal, legal, paralegal, etc.), damages, obligations and claims related to or arising therefrom. In case

of doubt about the validity of a specific agreement in a Lexigogo Video Contract in a specific geography or jurisdiction, we recommend that you consult a

lawyer licensed to practice law in your country or state. Please click the link above to access our full Terms & Conditions. Lexigogo BVBA is not a qualified trust service provider. 

Lexigogo BVBA

Nijverheidsstraat 7

B-3390 Peer, Belgium

VAT: BE 0683.505.055

Lexigogo BVBA © 2019 - All rights reserved

Lexigogo is patent pending (international patent application)

General inquiries: hello@lexigogo.com

Technical support: techsupport@lexigogo.com

Partnering opportunities: partnering@lexigogo.com

Press inquiries: press@lexigogo.com

Privacy policy: privacy@lexigogo.com

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