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The Sale of Goods Agreement establishes a legal relationship between a Seller of goods and a Buyer for the purposes of supplying goods. The documents contains all relevant provisions for regulating that relationship, making clear the Parties respective rights and obligations when buying and selling goods.
This document is designed for commercial transactions only, wherein the Buyer and the Seller are both businesses (including self employed persons or independent contractors). The Parties may be entering into an agreement for the long term, ongoing sale of goods OR they may be entering into an agreement for the purposes of executing a single transaction. The document provides for both scenarios, and adjusts the provisions included on that basis.
By filling out the document, the user can define the following provisions:
How to use this Document:
As stated, this document should be used by businesses, selling and purchasing goods for use in their business or resale.
The Parties should have a clear sense of how the relationship will be conducted before signing this Agreement. The Parties duties and rights should be discussed beforehand. In many cases, a framework for future agreements is outlined in 'A Letter of Intent', wherein the Parties sketch the basic terms and conditions for engagement before formalising a legal agreement. If the Parties have employed a Letter of Intent, that should be used as reference point or template when filling in the present document.
The document, once completed, should be downloaded and signed. Where the Parties are individuals (sole traders or self employed) they should sign the document themselves. Where the Parties are legal entities, their authorised signatories must sign on their behalf. The Parties may choose to execute other Agreements in conjunction with the present Agreement to regulate in greater detail particular aspects of their relationship, such as a Data Protection Policy or Non Disclosure Agreement. If any other contact is signed between the Parties, it should be annexed to the present Agreement.
Both Parties should keep hard and soft copies of the contract, and refer to it continuously during the course of their relationship. If the Parties are in doubt about their rights or obligations they should first refer to the contract.
In the event either Party is in breach of their duties outlined herein, a 'Notice of a Breach of Contract' should be sent. If at some point in the performance of this Agreement, the Parties consider that they need to modify the Agreement, they can follow the procedure outlined therein.
How to modify the template:
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