Purchase And Sale Agreement Form - United Arab Emirates

Purchase And Sale Agreement Form for United Arab Emirates

Purchase And Sale Agreement Form Template for United Arab Emirates

A comprehensive legal document governed by UAE law that formalizes the transfer of ownership of goods, assets, or property from a seller to a buyer. This agreement outlines the terms and conditions of the sale, including purchase price, payment terms, delivery arrangements, warranties, and both parties' obligations. It incorporates specific requirements under UAE Civil Code and Commercial Transactions Law, ensuring compliance with local regulations while protecting both parties' interests. The document includes provisions for dispute resolution under UAE jurisdiction and can be adapted for various types of assets or goods.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our United Arab Emirates-compliant Purchase And Sale Agreement Form

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Purchase And Sale Agreement Form

Let tiktok��˰�'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Purchase And Sale Agreement Form?

The Purchase And Sale Agreement Form is a crucial legal document used in the United Arab Emirates for documenting the transfer of ownership in commercial transactions. It serves as the primary contract template for both simple and complex sales, whether involving goods, assets, or property. The agreement must comply with UAE Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993), incorporating specific local requirements while maintaining international business standards. This document is essential when parties need to clearly define the terms of sale, including precise descriptions of the subject matter, payment terms, delivery conditions, warranties, and risk transfer. It's particularly important in the UAE context where formal documentation of commercial transactions is required for legal enforcement and regulatory compliance.

What sections should be included in a Purchase And Sale Agreement Form?

1. Parties: Identification of seller and purchaser with full legal names, addresses, and registration details as per UAE requirements

2. Background: Context of the transaction and brief description of the parties' intentions

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

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

5. Purchase Price: Clear statement of the purchase price, currency, and payment terms

6. Payment Terms: Details of payment method, schedule, and any conditions precedent to payment

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

8. Title and Risk: When and how title passes, and allocation of risk

9. Seller's Warranties: Warranties regarding ownership, quality, and condition of goods/property

10. Purchaser's Warranties: Warranties regarding authority to enter agreement and financial capacity

11. Condition of Goods/Property: Description of the condition in which goods/property will be delivered

12. Termination: Circumstances under which the agreement can be terminated

13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

14. Notices: How formal notices between parties should be given

15. Execution: Signature blocks and execution requirements

What sections are optional to include in a Purchase And Sale Agreement Form?

1. Inspection Rights: Used when purchaser requires pre-delivery inspection rights

2. Intellectual Property: Include when sale involves products with associated IP rights

3. Export/Import Requirements: Required for international sales involving customs clearance

4. Installation Services: Include when seller is responsible for installation of goods

5. Training: Used when seller must provide training on use of goods

6. Maintenance and Support: Include for technical equipment requiring ongoing support

7. Insurance Requirements: Specific insurance obligations beyond standard requirements

8. Confidentiality: Include when transaction involves sensitive information

9. Force Majeure: Optional but recommended for high-value transactions

10. Assignment Rights: Include when transfer rights need to be specifically addressed

What schedules should be included in a Purchase And Sale Agreement Form?

1. Schedule 1 - Technical Specifications: Detailed technical specifications of goods/property

2. Schedule 2 - Payment Schedule: Breakdown of payment installments and timing

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and milestones

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

5. Schedule 5 - Acceptance Tests: Criteria for acceptance of goods/property

6. Appendix A - Required Documents: List of documents required for completion of sale

7. Appendix B - Due Diligence Items: List of due diligence materials to be provided

8. Appendix C - Compliance Certificates: Required regulatory or quality certificates

Authors

Alex Denne

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

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Manufacturing

Retail

Technology

Construction

Automotive

Industrial Equipment

Consumer Goods

Energy

Healthcare

Agriculture

Telecommunications

Professional Services

Hospitality

Relevant Teams

Legal

Procurement

Sales

Finance

Operations

Commercial

Compliance

Risk Management

Supply Chain

Business Development

Property Management

Asset Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Procurement Manager

Sales Director

Legal Counsel

Contract Manager

Business Development Manager

Operations Director

Commercial Manager

Supply Chain Manager

Finance Manager

Compliance Officer

Risk Manager

Property Manager

Asset Manager

Find the exact document you need

No matches found.

Used Equipment Sales Agreement

UAE-compliant agreement template for the sale and purchase of used equipment, incorporating local commercial law requirements and transaction specifics.

tiktok���˰�

How Cambridge United Uses tiktok���˰� to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Purchase And Sale Agreement Form?

What sections should be included in a Purchase And Sale Agreement Form?

What sections are optional to include in a Purchase And Sale Agreement Form?

What schedules should be included in a Purchase And Sale Agreement Form?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Used Equipment Sales Agreement

Product Contract

Restaurant Sale Agreement

Purchase Agreement

Vehicle Purchase Agreement

Simple Asset Sale Agreement

Sale Of Goods Agreement

Stock Sale Agreement

Business Buy Sell Agreement

Sales Manager Contract

Purchase Agreement For House

Used Car Contract

Home Purchase Agreement

Independent Contractor Sales Commission Agreement

Sale Of Shares Agreement

Sales Rep Contract

Vehicle Selling Contract

Private Car Sale Contract

Sale Leaseback Agreement

Offer To Sell

International Sales Contract

Deed Of Sale Property

Absolute Deed Of Sale Car

Vehicle Purchase Form

Master Sales Agreement

Pre Sale Agreement

Installment Sale Agreement

Contract To Sell Land

Sales Partnership Agreement

Product Sales Agreement

Private Sale Contract

Consignment Sales Agreement

Art Sale Contract

Buyer Seller Agreement

Software Sales Contract

Lease To Purchase Contract

Deed Of Sale Property

Buy Sell Agreement

Simple Asset Sale Agreement

Software Sales Contract

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Use Cases

Generate Legal Docs Free

tiktok��˰�

How Cambridge United Uses tiktok��˰� to Speed Up Player Signings and Slash Legal Costs

�ұ�Ծ��’s Security Promise