Document background
The Sales Contract serves as a legally binding agreement under Austrian law for the sale and purchase of goods between parties. It is essential for documenting commercial transactions, whether for single purchases or ongoing supply arrangements. This document should be used whenever there is a need to formalize the terms of a sale, particularly for significant transactions or where detailed terms regarding delivery, payment, or warranties are required. The contract incorporates provisions from the Austrian Civil Code (ABGB) and Commercial Code (UGB), ensuring compliance with mandatory legal requirements. For international transactions, it can be adapted to address cross-border considerations, including optional exclusion of the CISG. The document is particularly important for establishing clear rights and obligations, risk allocation, and dispute resolution mechanisms.
