Simple Sales Agreement Template for Singapore

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Key Requirements PROMPT example:

Simple Sales Agreement

"I need a Simple Sales Agreement for selling my company's electronic components to a distributor in Singapore, with payment in installments and delivery scheduled for March 2025."

Document background

The Simple Sales Agreement is designed for straightforward commercial transactions in Singapore where clarity and simplicity are priorities. This document type is commonly used for one-off or basic sales transactions, providing essential terms while remaining accessible to non-legal professionals. It complies with Singapore's Sale of Goods Act and contract law requirements, offering sufficient protection for both parties without unnecessary complexity. The agreement is particularly suitable for small to medium-sized businesses engaging in routine sales transactions.

Suggested Sections

1. Parties: Identification and details of buyer and seller

2. Background: Context and purpose of the sale agreement

3. Definitions: Key terms used throughout the agreement

4. Sale and Purchase: Core transaction terms including price and goods description

5. Delivery: Delivery terms, timing, and logistics

6. Payment Terms: Price, payment method, and timing

7. Title and Risk: Transfer of ownership and risk in goods

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Warranties: Product warranties and quality guarantees - use for complex or high-value goods

2. Returns Policy: Terms for returning goods - use for retail or consumer sales

3. Intellectual Property: IP rights in relation to goods - use for branded or proprietary products

4. Confidentiality: Protection of confidential information - use for business-to-business transactions

Suggested Schedules

1. Product Specification Schedule: Detailed description of goods being sold

2. Price List Schedule: Detailed pricing information if multiple items

3. Delivery Schedule: Detailed delivery timeline and locations

4. Warranty Terms Schedule: Detailed warranty conditions and procedures

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Retail
Manufacturing
Technology
Trading
Small Business

Relevant Teams

Sales
Procurement
Legal
Operations
Finance

Relevant Roles

Sales Manager
Procurement Officer
Business Owner
Operations Manager
Contract Administrator

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Simple Sales Agreement

Authors

Alex Denne

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