This Sale Contract Agreement (“Agreement”) is made and entered into on this [Date] by and between:
Seller: Name: [Seller’s Name] Address: [Seller’s Address] Contact Number: [Seller’s Contact Number] Email: [Seller’s Email Address]
Buyer: Name: [Buyer’s Name] Address: [Buyer’s Address] Contact Number: [Buyer’s Contact Number] Email: [Buyer’s Email Address]
Hereinafter collectively referred to as the “Parties.”
1. Sale of Goods
The Seller agrees to sell and the Buyer agrees to purchase the following goods:
Description of Goods: [Provide a detailed description of the goods being sold, including any specifications, quantities, models, and any additional relevant information.]
2. Purchase Price
The Buyer agrees to pay the Seller the total purchase price of [Amount in words and numbers], payable as follows:
- [Specify payment terms, such as a lump sum payment, installment payments, or any other agreed-upon payment schedule. Include details about due dates and payment methods.]
3. Delivery and Acceptance
The Seller will deliver the goods to the Buyer on or before [Delivery Date]. The Buyer shall inspect and accept the goods within [Number of days] days of delivery. Any discrepancies or defects must be reported in writing to the Seller within this inspection period.
4. Title and Risk of Loss
Title to the goods shall pass to the Buyer upon full payment of the purchase price. The risk of loss or damage to the goods shall transfer to the Buyer upon delivery.
5. Warranties
The Seller represents and warrants that the goods are free from defects in material and workmanship and conform to the specifications stated in this Agreement. The Seller provides a warranty period of [Warranty Period] from the date of delivery. During this period, the Seller shall repair or replace any defective goods at no cost to the Buyer.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
7. Dispute Resolution
Any disputes arising out of or in connection with this Agreement shall be resolved through arbitration in accordance with the rules of [Arbitration Institution]. The decision of the arbitrator shall be final and binding upon both Parties.
8. Entire Agreement
This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements, understandings, and representations.
9. Confidentiality
Both Parties agree to keep all terms and conditions of this Agreement confidential and shall not disclose them to any third party without prior written consent.
IN WITNESS WHEREOF, the Parties hereto have executed this Sale Contract Agreement as of the date first above written.
Seller:
Signature: ______________________ Print Name: ____________________ Date: __________________________
Buyer:
Signature: ______________________ Print Name: ____________________ Date: __________________________
[Note: This is a basic template and should be tailored to the specific circumstances of the sale. It’s recommended to consult with legal professionals to ensure compliance with local laws and regulations.]
