Document background
The Sales With Buyback Agreement is a specialized commercial contract used in situations where a seller wishes to temporarily transfer ownership of goods while maintaining the right or obligation to repurchase them at a future date. This arrangement is particularly common in equipment financing, inventory management, and commercial trading scenarios. The document, governed by Singapore law, combines elements of both sale and future purchase commitments, requiring careful consideration of the Sale of Goods Act, Contract Law, and relevant commercial regulations. It's particularly useful for businesses seeking flexible financing arrangements or temporary transfer of assets while ensuring future access to the same assets. The agreement includes detailed provisions for initial sale, maintenance during the interim period, and specific conditions for the buyback execution, making it suitable for complex commercial transactions where temporary transfer of ownership is desired.
