Document background
The Buy and Sell Agreement is a fundamental commercial contract used to formalize the sale and purchase of goods, assets, or property in Switzerland. This document is essential when parties wish to create a legally binding arrangement that clearly defines the terms of their transaction under Swiss law. It is particularly useful for both domestic and international commercial transactions, being governed by the Swiss Code of Obligations which provides a robust legal framework for such agreements. The document typically includes detailed provisions on the object of sale, purchase price, payment terms, delivery conditions, warranties, and risk transfer. It can be used for various types of transactions, from simple goods purchases to complex asset transfers, and can be customized to address specific requirements of the transaction while maintaining compliance with Swiss legal requirements.
