The Retail Sales Agreement (RSA)

The Retail Sales Agreement (RSA) is the bill of sale or invoice used when a farm implement is sold at retail. The Farm Implements Act requires that the RSA be in writing and that the dealer include the following information:

For any farm implement, new or used:

1. The name and address of the selling dealer.
2. The name and address of the purchaser.
3. The name and address of the manufacturer or distributor of the implement.
4. The description of each implement or attachment.
5. The serial and model numbers of each implement or attachment.
6. The purchase price of each implement or attachment.
7. A description of any trade-in and the amount allowed for that trade-in.
8. The date of delivery to the purchaser.
9. In the case of a new tractor, the engine or PTO horsepower.
10. In the case of any other new farm implement that has an engine or motor, the horsepower.
11. In the case of a new farm implement, a statement of the nature and duration of the warranties provided under the Act, as well as additional or extended warranties.
12. In the case of a used farm implement, a statement of the nature and duration of any warranties and any exclusions from the warranties. If no warranty is given this should be clearly stated.

The purchaser must be given a copy of this agreement and the dealer must keep a copy for at least two years.

For a more detailed description of the Retail Sales Agreement please refer to sections 10, 11 and 12 of the Farm Implements Act.