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Agreement Between Buyer And Seller Template for Indonesia

A comprehensive legal document governed by Indonesian law that establishes the terms and conditions for the sale and purchase of goods or services between two parties. This agreement outlines essential elements including price, payment terms, delivery arrangements, warranties, and risk transfer, while ensuring compliance with Indonesian Civil Code (KUHPerdata) and relevant commercial regulations. The document incorporates consumer protection requirements under Law No. 8 of 1999 and includes provisions for dispute resolution under Indonesian jurisdiction. It serves as a legally binding contract that protects both parties' interests and clearly defines their respective rights and obligations.

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What is a Agreement Between Buyer And Seller?

The Agreement Between Buyer and Seller is a fundamental commercial contract used to formalize transactions between parties engaged in the sale and purchase of goods or services in Indonesia. This document is essential for businesses and individuals conducting commercial transactions within Indonesian jurisdiction, providing a legally enforceable framework that complies with the Indonesian Civil Code (KUHPerdata), Law No. 8 of 1999 on Consumer Protection, and Law No. 7 of 2014 on Trade. The agreement covers crucial aspects such as product specifications, pricing, delivery terms, warranties, and dispute resolution mechanisms, while accommodating both domestic and international trade requirements. It can be customized for various transaction types, from simple retail purchases to complex industrial equipment sales, and includes provisions for both traditional and electronic commerce under Indonesian law.

What sections should be included in a Agreement Between Buyer And Seller?

1. Parties: Identifies and provides full details of the Buyer and Seller, including registration numbers and addresses

2. Background: Outlines the context and purpose of the agreement, including the intention of the parties to enter into a buying/selling arrangement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation

4. Scope of Sale: Details the goods/services being sold, including specifications and quantities

5. Price and Payment Terms: Specifies the price, payment schedule, payment method, and any applicable taxes

6. Delivery Terms: Outlines delivery arrangements, timing, location, and transfer of risk

7. Quality and Inspection: Establishes quality standards and inspection procedures for the goods

8. Warranties and Representations: Details warranties provided by the Seller and representations made by both parties

9. Title and Risk: Specifies when ownership and risk transfer from Seller to Buyer

10. Term and Termination: Establishes the duration of the agreement and circumstances for termination

11. Dispute Resolution: Sets out procedures for handling disputes, including jurisdiction and governing law

12. General Provisions: Contains standard legal provisions including notices, amendments, and severability

What sections are optional to include in a Agreement Between Buyer And Seller?

1. Intellectual Property Rights: Required when the sale involves software, technology, or branded products

2. Confidentiality: Needed when sensitive information will be exchanged during the transaction

3. Force Majeure: Important for long-term supply agreements or when external factors could significantly impact performance

4. Insurance: Required for high-value goods or when specific risks need to be covered

5. Compliance with Laws: Necessary when dealing with regulated products or cross-border transactions

6. After-Sales Service: Important for technical equipment or products requiring maintenance

7. Return Policy: Needed for retail agreements or when dealing with defective goods

8. Exclusivity: Optional clause for exclusive buying/selling arrangements

What schedules should be included in a Agreement Between Buyer And Seller?

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

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, including any volume discounts or pricing mechanisms

3. Schedule 3 - Delivery Schedule: Specific delivery dates, locations, and requirements

4. Schedule 4 - Quality Standards: Detailed quality requirements and testing procedures

5. Schedule 5 - Warranty Terms: Detailed warranty terms and claims procedures

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

7. Appendix B - Contact Details: Key contact persons and their details for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Indonesia

Cost

Free to use

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