Sales Contract / Agreement of Sale
Commercial agreement for buying and selling goods or products, defining specifications, pricing, delivery terms, payment procedures, and ownership transfer conditions.
Key Clauses
Recitals Whereas
Defines recitals whereas terms and conditions.
Definitions
Clarifies commercial terms, product specifications, and transaction concepts used throughout sales contract.
Description Of Goods
Provides detailed specifications, quantities, quality standards, and characteristics of products being sold.
Purchase Price And Payment Terms
Defines total price, payment schedule, acceptable payment methods, and credit terms.
Delivery
Specifies delivery location, timing, shipping responsibilities, and procedures for confirming receipt.
Title And Ownership
Establishes when ownership transfers from seller to buyer and risk allocation.
Use This Template
When You Need This
- Selling manufactured products to distributors or retail customers
- Purchasing inventory or raw materials for business operations
- Creating formal agreements for high-value product transactions
- Establishing clear delivery and payment terms for commercial sales