Purchase And Sale Form Template for India

1. Inspection Rights: Used when the purchaser needs to inspect goods before acceptance, particularly relevant for bulk goods or machinery

2. Insurance: Include when specific insurance requirements need to be maintained during the sale process

3. Intellectual Property Rights: Required when the sale involves assets with associated intellectual property

4. Confidentiality: Include when sensitive information will be exchanged during the transaction

5. Force Majeure: Optional clause protecting parties from unforeseeable circumstances preventing fulfillment of obligations

6. Assignment: Include when transfer of rights under the agreement needs to be restricted or permitted

7. Indemnification: Used when specific indemnity provisions are required beyond standard warranties

8. Dispute Resolution: Include when specific arbitration or mediation procedures are preferred over court litigation

1. Schedule 1 - Description of Goods/Property: Detailed technical specifications, photographs, or property details

2. Schedule 2 - Payment Schedule: Breakdown of payment installments and timing if not a single payment

3. Schedule 3 - Delivery Schedule: Detailed timeline and logistics for delivery or transfer

4. Schedule 4 - Due Diligence Results: Summary of any due diligence findings and related documents

5. Schedule 5 - Encumbrances: List of any existing encumbrances, liens, or charges on the subject matter

6. Appendix A - Required Documents: List of documents required for transfer of title or completion

7. Appendix B - Compliance Certificates: Copies of relevant compliance certificates or regulatory approvals