The Purchase Sale Agreement is a fundamental commercial document used in Australian business transactions to formalize the sale and purchase of assets, goods, or businesses. It is essential for transactions ranging from simple asset sales to complex business acquisitions, providing a comprehensive framework that ensures legal certainty and protection for all parties involved. The agreement must comply with Australian federal and state legislation, including the Competition and Consumer Act 2010 (Cth), relevant Sale of Goods Acts, and state-specific property laws. It typically includes detailed provisions on purchase price mechanisms, warranties, indemnities, conditions precedent, and completion procedures, while also addressing Australian-specific requirements such as GST treatment and FIRB approval where applicable.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok˰'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the buyer and seller
2. Background: Context of the transaction and relationship between the parties
3. Definitions and Interpretation: Key terms used in the agreement and rules for interpretation
4. Sale and Purchase: Core transaction terms including the asset/goods being sold and purchased
5. Purchase Price: Amount, payment terms, and payment mechanics
6. Conditions Precedent: Any conditions that must be satisfied before completion
7. Pre-Completion Obligations: Obligations of both parties before completion of the sale
8. Completion: Process, timing, and requirements for completing the transaction
9. Warranties: Seller's warranties about the assets/goods being sold
10. Limitations of Liability: Limitations on claims and liability of the parties
11. Confidentiality: Obligations regarding confidential information
12. GST: GST treatment and obligations
13. General Provisions: Standard boilerplate clauses including notices, governing law, etc.
1. Intellectual Property: Required when the sale includes IP rights or licenses
2. Employee Matters: Needed when the sale affects employment relationships
3. Environmental Matters: Required for sales involving property or businesses with environmental considerations
4. Tax Indemnities: Detailed tax provisions for complex transactions
5. International Trade Terms: Required for international sales (including Incoterms)
6. Break Fee: Include when parties agree to compensation if the deal fails
7. Earn-out Provisions: When part of the purchase price is contingent on future performance
8. Competition Law Compliance: Required for large transactions or regulated industries
1. Asset Schedule: Detailed list and description of assets being sold
2. Purchase Price Calculation: Detailed methodology for calculating the final purchase price
3. Form of Transfer Documents: Templates for documents required to effect the transfer
4. Warranty Schedule: Detailed warranties given by the seller
5. Encumbrances: List of any existing encumbrances on the assets
6. Required Consents: List of third-party consents required for the transaction
7. Completion Checklist: List of actions and documents required at completion
8. Excluded Assets: List of assets specifically excluded from the sale
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Real Estate
Professional Services
Mining
Agriculture
Healthcare
Construction
Transport and Logistics
Education
Hospitality
Financial Services
Energy and Utilities
Relevant Teams
Legal
Finance
Commercial
Procurement
Sales
Compliance
Risk Management
Operations
Business Development
Mergers & Acquisitions
Tax
Corporate Secretariat
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Commercial Director
Legal Counsel
Contract Manager
Business Development Manager
Procurement Manager
Sales Director
Company Secretary
Risk Manager
Compliance Officer
Operations Manager
Finance Manager
Asset Manager
Mergers & Acquisitions Director
Find the exact document you need
Sell By Owner Purchase Agreement
An Australian legal agreement for direct property sales between private sellers and buyers, without real estate agent involvement.
find out more
Purchaser And Seller Agreement
An Australian law-governed agreement defining terms and conditions for sale and purchase transactions between parties, including price, delivery, warranties, and obligations.
find out more
Sell Agreement Letter
An Australian jurisdiction document that formalizes sale transactions between parties, outlining key terms and conditions while ensuring legal compliance.
find out more
Sale Agreement Between Two Parties
An Australian-compliant agreement documenting the terms and conditions of a sale transaction between two parties, including price, delivery, and warranties.
find out more
Real Estate Contract Assignment Form
An Australian legal document that facilitates the transfer of rights and obligations under an existing property contract from one buyer to another, compliant with Australian property law.
find out more
Real Estate Land Purchase Agreement
An Australian law-governed agreement for the sale and purchase of real property, detailing terms, conditions, and obligations of the transaction.
find out more
Buy Sell Agreement For LLC
An Australian-law governed agreement that regulates the buying and selling of company shares between shareholders in a Proprietary Limited Company upon specified trigger events.
find out more
Simple Car Purchase Agreement
An Australian-compliant template for documenting vehicle sales transactions, suitable for both private and commercial vehicle transfers.
find out more
Property Buy Sell Agreement
An Australian legal agreement governing the sale and purchase of real property, outlining terms, conditions, and obligations of all parties involved in the transaction.
find out more
Aircraft Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of aircraft, detailing transfer terms, specifications, and regulatory compliance requirements.
find out more
Purchase Price Agreement
An Australian-law governed agreement setting out terms and conditions for purchase transactions, including price, payment terms, and completion requirements.
find out more
Contract For Selling A Car
An Australian-law governed agreement for the sale and purchase of a motor vehicle, ensuring compliance with federal and state regulations while protecting both parties' interests.
find out more
Vessel Purchase And Sale Agreement
An Australian law-governed agreement for the sale and purchase of a vessel, detailing terms, conditions, and transfer of ownership requirements.
find out more
Restaurant Sale Agreement
An Australian law-governed agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational transfers.
find out more
Manufactured Home Purchase Agreement
An Australian law-governed agreement for the sale and purchase of a manufactured home, detailing transaction terms and regulatory compliance requirements.
find out more
Legal Sales Agreement
An Australian law-governed agreement that formalizes sales transactions, detailing terms, conditions, and obligations of both parties.
find out more
Land Sales Agreement
An Australian legal agreement documenting the terms and conditions for the sale and purchase of real property, compliant with state and federal property laws.
find out more
Land Buying Contract
An Australian law-governed contract for the sale and purchase of land, establishing terms, conditions, and obligations for property transfer between vendor and purchaser.
find out more
Horse Bill Of Sale Purchase Agreement
An Australian-compliant legal agreement documenting the sale and purchase of a horse, including ownership transfer and warranty terms.
find out more
For Sale By Owner Offer To Purchase Contract
An Australian legal contract for direct property sales between owner and buyer, without real estate agent involvement.
find out more
Conditional Sale And Purchase Agreement
An Australian law-governed agreement that sets out terms for a conditional sale and purchase transaction, where the sale completion is subject to specified conditions being met.
find out more
Confidentiality Agreement For Sale Of Business
An Australian-law governed confidentiality agreement protecting sensitive information during business sale processes.
find out more
New Construction Residential Purchase Agreement
An Australian legal agreement for the purchase of newly constructed residential properties, combining property purchase and construction specifications under Australian law.
find out more
Bill Of Sale Asset Purchase
An Australian legal document evidencing the sale and transfer of personal property assets from seller to buyer, compliant with federal and state legislation.
find out more
Agreement To Sell And Purchase
An Australian law-governed agreement that documents the terms and conditions for the sale and purchase of property, assets, or business interests.
find out more
Vacant Land Lot Purchase Contract
An Australian jurisdiction contract for the purchase and sale of vacant land, establishing terms and conditions for land ownership transfer while ensuring compliance with local property laws.
find out more
Second Hand Bike Purchase Agreement
An Australian legal agreement for the sale and purchase of a second-hand motorcycle, incorporating relevant consumer law provisions and vehicle transfer requirements.
find out more
Real Estate Bill Of Sale Contract
An Australian legal contract documenting the terms and conditions for the sale and purchase of real estate property, ensuring compliance with state and federal property laws.
find out more
As Is Where Is Sale Agreement
Australian-law governed agreement for the sale of assets in their current condition without warranties, where the buyer accepts all risks regarding the asset's condition.
find out more
Contract For Buying Land From Owner
An Australian law-governed agreement for the sale and purchase of land, detailing all essential terms and conditions of the property transfer.
find out more
No Home Sale Contract
An Australian legal agreement preventing real estate agents from purchasing properties they are engaged to sell, ensuring compliance with local property laws and ethical standards.
find out more
Business Purchase Term Sheet
An Australian-compliant preliminary document outlining key terms and conditions for a business purchase transaction, serving as a basis for the final purchase agreement.
find out more
Advance Agreement For Sale Of Land
An Australian legal document establishing the preliminary terms and conditions for a future property sale, including purchase price, deposit arrangements, and settlement conditions.
find out more
Private Land Purchase Agreement
An Australian legal agreement governing the sale and purchase of private land, detailing terms, conditions, and obligations of both parties.
find out more
Horse Sales Agreement With Payment Plan
An Australian-law governed agreement for horse sales with structured payment terms, including ownership transfer and maintenance obligations.
find out more
Promissory Note Purchase And Sale Agreement
An Australian law agreement governing the sale and purchase of promissory notes, including transfer terms and regulatory compliance requirements.
find out more
Agreement To Sell Real Estate Form
An Australian legal document that formalizes the sale and purchase of real estate property, complying with relevant state and federal property laws.
find out more
Purchase Agreement For Buying A Business
An Australian law-governed agreement for the sale and purchase of a business, covering all aspects of the transaction including assets, liabilities, and regulatory requirements.
find out more
Letter Of Agreement To Sell Property
An Australian legal document outlining the agreed terms between property seller and buyer, serving as a preliminary agreement before the formal contract of sale.
find out more
Commercial Agreement Of Purchase And Sale
An Australian law-governed agreement establishing terms and conditions for commercial sale transactions between businesses.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)