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Buyer And Seller Agreement Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Buyer And Seller Agreement Form

"I need a Buyer and Seller Agreement Form for my Dubai-based electronics company to sell 500 laptops to a local retailer, with delivery scheduled for March 2025 and standard UAE warranty terms."

Document background
The Buyer And Seller Agreement Form serves as a fundamental legal instrument in UAE commercial transactions, designed to formalize sales arrangements between parties while ensuring compliance with UAE federal and emirate-specific laws. This document is essential for both B2B and B2C transactions, providing a structured framework for documenting the sale of goods, properties, or assets. It incorporates key provisions required under the UAE Civil Code and Commercial Transactions Law, including clear identification of parties, detailed description of the subject matter, pricing terms, delivery conditions, and warranty provisions. The agreement is particularly valuable in the UAE's dynamic business environment, where international trade and local commerce require robust legal documentation. It can be customized for various transaction types, from simple retail sales to complex commercial deals, while maintaining compliance with UAE's consumer protection laws and free zone regulations where applicable.
Suggested Sections

1. Parties: Identification and details of the Buyer and Seller, including full legal names, addresses, and registration details if companies

2. Background: Context of the transaction and relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of goods/property being sold, including quantity, quality, and specifications

5. Purchase Price: Agreed price, currency, and payment terms

6. Delivery Terms: Timing, location, and method of delivery, including risk transfer

7. Warranties and Representations: Seller's warranties regarding the goods/property and both parties' general representations

8. Title and Risk: Transfer of ownership and risk provisions

9. Inspection and Acceptance: Buyer's rights and procedures for inspecting and accepting the goods

10. Default and Remedies: Consequences of breach and available remedies

11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction

12. Notices: Communication methods and addresses for formal notices

13. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability

Optional Sections

1. Installment Payment Terms: Detailed payment schedule when purchase price is paid in installments

2. International Shipping Terms: Additional provisions for international sales including Incoterms

3. Insurance: Insurance requirements for high-value items or during transit

4. Intellectual Property: IP rights provisions if relevant to the goods being sold

5. Confidentiality: Non-disclosure obligations for sensitive commercial information

6. Force Majeure: Provisions for unforeseen circumstances preventing performance

7. Anti-Money Laundering: Compliance with UAE AML regulations for high-value transactions

8. Electronic Transaction Terms: Additional terms for online sales under UAE e-commerce laws

Suggested Schedules

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

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

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

4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions

5. Appendix A - Required Documents: List of documents required for the transaction (e.g., certificates of origin, quality certificates)

6. Appendix B - Inspection Procedures: Detailed procedures for product inspection and acceptance

7. Appendix C - Return Policy: Procedures and conditions for returns or rejections

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




























Clauses






























Relevant Industries

Retail

Manufacturing

Real Estate

Construction

Technology

Automotive

Consumer Goods

Industrial Equipment

Electronics

Furniture

Textiles

Food and Beverage

Luxury Goods

Medical Equipment

Agricultural Products

Energy

Raw Materials

Relevant Teams

Legal

Procurement

Sales

Commercial

Operations

Supply Chain

Finance

Compliance

Risk Management

Business Development

Contract Administration

Relevant Roles

Procurement Manager

Sales Director

Contract Administrator

Legal Counsel

Commercial Manager

Business Development Manager

Supply Chain Manager

Operations Director

Chief Commercial Officer

Purchasing Officer

Sales Representative

General Manager

Company Secretary

Risk Manager

Compliance Officer

Chief Financial Officer

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

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