Simple Buyer Seller Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Simple Buyer Seller Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Simple Buyer Seller Agreement

"I need a Simple Buyer Seller Agreement for selling industrial manufacturing equipment worth RM 500,000 to a factory in Penang, with delivery scheduled for March 2025 and including a 12-month warranty period."

Document background
A Simple Buyer Seller Agreement is a fundamental commercial contract used in Malaysian business transactions to formalize the purchase and sale of goods or services. This document is particularly useful for businesses and individuals engaging in straightforward commercial transactions where clear terms need to be established regarding the sale, price, delivery, and quality of goods or services. The agreement complies with Malaysian legal requirements, including the Contracts Act 1950 and Sale of Goods Act 1957, making it suitable for both domestic and international transactions where Malaysian law applies. It includes essential provisions for protecting both parties' interests while maintaining simplicity and clarity in commercial relationships.
Suggested Sections

1. Parties: Identifies and provides full details of the buyer and seller, including registration numbers for companies or ID numbers for individuals

2. Background: Briefly explains the context of the agreement and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Sale and Purchase: Specifies the goods/services being sold and purchased, including quantity and specifications

5. Price and Payment: Details the purchase price, payment terms, method of payment, and any applicable taxes

6. Delivery: Specifies delivery terms, timing, location, and responsibilities for shipping and handling

7. Title and Risk: Determines when ownership and risk in the goods passes from seller to buyer

8. Warranties and Representations: States the standard warranties regarding the goods/services and authority to enter into the agreement

9. Termination: Outlines circumstances under which either party may terminate the agreement and the consequences

10. Governing Law and Jurisdiction: Specifies that Malaysian law governs the agreement and determines jurisdiction for dispute resolution

11. General Provisions: Contains standard boilerplate clauses including notices, entire agreement, and severability

Optional Sections

1. Quality Control: Include when specific quality standards or inspection procedures need to be maintained

2. Insurance: Include when specific insurance requirements are needed for high-value or high-risk goods

3. Intellectual Property: Include when the sale involves products with trademark, copyright, or patent implications

4. Confidentiality: Include when sensitive information will be shared between parties during the transaction

5. Force Majeure: Include when protection against unforeseen circumstances is specifically required

6. Return Policy: Include when specific terms for returns or rejections need to be detailed

7. Dispute Resolution: Include when specific alternative dispute resolution procedures are preferred over court proceedings

Suggested Schedules

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being sold

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, especially if multiple products or pricing tiers are involved

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations, particularly for multiple deliveries

4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures if applicable

5. Appendix A - Form of Purchase Order: Standard form to be used for ordering under the agreement

6. Appendix B - Warranty Certificate: Standard warranty terms and conditions if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Retail

Manufacturing

E-commerce

Consumer Goods

Electronics

Textiles

Food and Beverage

Agricultural Products

Industrial Equipment

General Merchandise

Automotive Parts

Construction Materials

Relevant Teams

Legal

Procurement

Sales

Operations

Finance

Commercial

Supply Chain

Business Development

Contracts Administration

Relevant Roles

Procurement Manager

Sales Manager

Business Development Manager

Contract Administrator

Legal Counsel

Commercial Director

Operations Manager

Supply Chain Manager

Purchasing Officer

Sales Executive

Finance Manager

General Manager

Small Business Owner

Entrepreneur

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Apartment Agreement Of Sale

A legal agreement for the sale and purchase of an apartment unit in Malaysia, compliant with Malaysian property and strata title laws.

find out more

Property Sale Contract Form

A Malaysian law-governed contract form for property sale transactions, establishing terms and conditions for transferring property ownership from seller to buyer.

find out more

Private Party Auto Purchase Agreement

A legally-compliant agreement for private vehicle sales between individuals in Malaysia, covering purchase terms and ownership transfer.

find out more

Real Estate Purchase Contract Form

A standardized contract form for real estate purchases in Malaysia, compliant with Malaysian property laws and regulations.

find out more

Land Sales Agreement

A Malaysian law-governed agreement facilitating the legal transfer of land ownership between parties, detailing all sale terms and compliance requirements.

find out more

Conditional Sale And Purchase Agreement

A Malaysian law-governed agreement setting out terms and conditions for a conditional sale and purchase transaction, including payment terms and completion requirements.

find out more

Simple Buyer Seller Agreement

A Malaysian law-governed agreement establishing terms and conditions for the sale and purchase of goods or services between two parties.

find out more

Simple Home Purchase Contract

A Malaysian law-governed agreement for the purchase and sale of residential property, establishing terms and conditions for property transfer.

find out more

Purchase And Sale Agreement Extension Form

A Malaysian law-compliant document that extends the completion date and/or modifies terms of an existing Purchase and Sale Agreement.

find out more

Business Purchase Agreement Contract

A Malaysian law-governed agreement for the purchase and sale of an existing business, including its assets, liabilities, and operational components.

find out more

Agreement Of Purchase And Sale Business In Leased Premises

Malaysian law-governed agreement for the sale and purchase of a business operating from leased premises, including business assets and lease assignment.

find out more

Used Car Sell Agreement

A Malaysian law-governed agreement for the sale and purchase of a used vehicle, including vehicle details, price, warranties, and ownership transfer terms.

find out more

Purchase Contract Form

A Malaysian law-compliant purchase agreement template for commercial transactions, defining terms of sale between buyer and seller.

find out more

Real Estate Simple Letter Of Intent To Sell Property

A preliminary document used in Malaysian property transactions expressing intent to purchase property and outlining basic terms of the proposed sale.

find out more

Agreement Of Purchase And Sale Condominium

A Malaysian law-governed agreement for the sale and purchase of condominium property, detailing terms, conditions, and obligations of the transaction parties.

find out more

Unconditional Sale And Purchase Agreement

A Malaysian law-governed agreement for the unconditional transfer of ownership from seller to buyer, detailing sale terms and conditions.

find out more

Addendum To Purchase Contract

A Malaysian law-governed document that formally modifies specific terms and conditions of an existing purchase contract while maintaining other original terms.

find out more

Used Equipment Sale Agreement

Malaysian law-governed agreement for the sale and purchase of used equipment, including condition, warranties, and transfer terms.

find out more

Real Estate Buy And Sell Agreement

A Malaysian law-governed agreement documenting the sale and purchase of real estate property, including all essential terms and conditions for property transfer.

find out more

Bulk Sales Agreement

Malaysian-law governed agreement for bulk sale and purchase of goods, establishing terms for large-volume commercial transactions.

find out more

Equipment Purchase And Sale Agreement

A Malaysian law-governed agreement for equipment purchase and sale, detailing terms, conditions, and obligations of both buyer and seller.

find out more

Assignment Purchase Agreement

A Malaysian law-governed agreement facilitating the transfer of rights, interests, or property from an Assignor to an Assignee for agreed consideration.

find out more

Deed Of Sale Agreement

A Malaysian law-governed deed that formalizes the transfer of property ownership between parties, detailing sale terms and conditions in accordance with local property laws.

find out more

Installment Purchase Contract

A Malaysian law-governed agreement for the purchase of goods through installment payments, outlining payment terms, ownership rights, and parties' obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.