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Sale of Goods Agreement Template

A seller and a buyer record the goods sold, the price, delivery, when ownership passes and what happens if the goods are faulty. Download it in Word or PDF, or fill it in online and print it.

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SALE OF GOODS AGREEMENT

This Agreement is made on ____________ between:

(1) ____________, of ____________ (the “Seller”); and

(2) ____________, of ____________ (the “Buyer”).

1. Goods

The Seller agrees to sell and the Buyer agrees to buy the following goods (the “Goods”): ____________ (description, quantity, model or serial numbers, and quality or specification).

2. Price

The price of the Goods is ____________ (in words: ____________), which includes / excludes delivery, packing and any applicable sales tax, VAT or GST.

3. Payment

The Buyer shall pay the price as follows: ____________ (for example: ____________ on signing and the balance on delivery), by ____________.

4. Delivery

The Seller shall deliver the Goods to ____________ on or before ____________. The cost of delivery is paid by the ____________. The Buyer shall inspect the Goods on delivery and tell the Seller in writing within ____________ days of any shortage, damage or defect that inspection shows.

5. Ownership and Risk

Risk of loss or damage passes to the Buyer on delivery. Ownership of the Goods passes to the Buyer only when the Seller has received the price in full.

6. Seller’s Warranties

The Seller warrants that: (a) it owns the Goods and has the right to sell them, free of any charge or claim; (b) the Goods match their description and any sample shown; and (c) the Goods are of satisfactory quality and fit for their ordinary purpose. (For used goods sold as seen, replace (c) with: the Goods are sold in their present condition, which the Buyer has inspected.)

7. Faulty Goods

If the Goods do not meet clause 6 and the Buyer gives notice within ____________ days of delivery, the Seller shall at its choice repair or replace them or refund the price. This is in addition to any rights the law gives the Buyer that cannot be excluded.

8. Cancellation

If the Buyer does not pay, or the Seller does not deliver, within ____________ days after the agreed date, the other party may cancel this Agreement by written notice, and any amount paid for Goods not delivered shall be refunded.

9. General

This Agreement is the whole agreement between the parties about the Goods and may be changed only in writing signed by both.

10. Governing Law

This Agreement is governed by the laws of ____________, and the courts of ____________ have jurisdiction over any dispute arising from it.

The Seller

Signature: ____________

Name: ____________

Date: ____________

The Buyer

Signature: ____________

Name: ____________

Date: ____________

When is a sale agreement used?

When goods are sold for a significant price, or delivered later than they are paid for: machinery, stock, furniture, equipment, livestock, a business’s assets. It records what was sold and what the buyer can do if the goods are not as described.

Signing and where it goes

Seller and buyer both sign it, each keeps a copy, and the delivery note or receipt is attached when the goods arrive.

Points to get right

Describe the goods so precisely that there can be no argument later: model, serial numbers, quantity, quality.
Say whether the price includes delivery and tax.
If the goods are used and sold as seen, change the warranty clause as the template shows.
For land, buildings or vehicles, use a document made for that purpose; this one is for goods.

How to fill it in

Press Open in editor, or download the Word file to fill it in on your computer.
Replace every blank line with your own details, and delete the clauses and choices that do not apply.
Read it through once more as the other party would read it.
In the editor, press Print / PDF to make a PDF, or Word in the File tab to save a Word file.

Before you sign

These templates are general forms written to save time, not legal advice. The law differs from country to country and changes, and a paper about property, money or employment has legal effect. Fill in every blank, delete what does not apply, check the result against the law where you are, and have an important document reviewed by a lawyer before it is signed.

Questions

Questions and answers

When does ownership pass to the buyer?

Under this template, ownership passes when the seller has been paid in full, while the risk of loss passes on delivery. You can change that if you agree otherwise.

Can I use it for selling a business?

It can record the sale of the business’s equipment and stock, but selling a whole business involves much more, such as debts, staff and contracts. Get advice for that.

Is this sale agreement template free?

Yes. You can download it in Word or PDF, or fill it in online and print it, without payment or sign up, and no watermark is added.

Can I edit it online?

Yes. Press Open in editor: the template opens as an ordinary document in your browser. Fill in the blanks, change any clause, then download it as a Word file or a PDF.

Is it valid in my country?

It is written in a general form that is used in many countries, but the law differs from place to place. Check it against the rules where you are, and have an important document reviewed by a lawyer.

Is what I type sent anywhere?

No. What you type stays in your own browser on your device. Nothing is uploaded.

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