Document background
The Personal Property Sales Contract is essential for documenting and formalizing the sale of movable property in Indonesia. This document is designed for use in transactions where clear terms of sale, delivery, and transfer of ownership need to be established between parties. It complies with Indonesian Civil Code (KUHPer) requirements and relevant consumer protection laws, making it suitable for both business-to-business and business-to-consumer transactions. The contract includes provisions for property description, payment terms, warranties, and risk transfer, while accommodating various types of personal property from consumer goods to industrial equipment. It's particularly important for high-value transactions where detailed terms and conditions need to be documented to protect both parties' interests.
