Document background
The Sale Contract Agreement is a fundamental commercial document used in Indonesian business transactions to formalize the sale and purchase of goods or assets. This document is essential when parties need to establish legally binding terms for a sale transaction under Indonesian law, particularly in compliance with the Indonesian Civil Code (KUH Perdata) and Law No. 7 of 2014 on Trade. It is commonly used for both domestic and international sales, incorporating necessary provisions for various transaction types, from simple one-time sales to complex installment-based purchases. The agreement protects both parties by clearly defining their rights and obligations, including specific details about the goods, payment terms, delivery conditions, and warranty provisions. When dealing with international sales, the agreement can be adapted to include relevant international trade terms while maintaining compliance with Indonesian legal requirements.
