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Confirmation Of Sale Letter for Singapore

Confirmation Of Sale Letter Template for Singapore

A Confirmation of Sale Letter is a formal document used in Singapore to confirm the details of a completed sale transaction between parties. It serves as written evidence of the sale agreement, outlining key terms such as product details, pricing, delivery arrangements, and payment terms. This document is governed by Singapore's Sale of Goods Act and Contract Law, providing legal protection for both parties involved in the transaction.

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Confirmation Of Sale Letter

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What is a Confirmation Of Sale Letter?

A Confirmation Of Sale Letter is commonly used in Singapore business transactions to document and formalize sale agreements. This document serves as official confirmation of the sale terms, protecting both parties' interests under Singapore law. It typically includes essential details such as product specifications, pricing, payment terms, delivery arrangements, and any special conditions agreed upon. The letter helps prevent future disputes by clearly documenting the terms of sale and can be used as evidence of the transaction in legal proceedings if necessary. It's particularly important in business-to-business transactions and high-value sales where formal documentation is crucial.

What sections should be included in a Confirmation Of Sale Letter?

1. Buyer Details: Full name and contact information of the purchasing party

2. Seller Details: Full name and contact information of the selling party

3. Product/Service Description: Detailed description of items being sold including quantity and specifications

4. Price: Agreed purchase price including any applicable taxes

5. Payment Terms: Method and timing of payment

6. Delivery Details: Delivery method, timing, and location

What sections are optional to include in a Confirmation Of Sale Letter?

1. Warranty Information: Details of any warranty provided, use when warranty is offered

2. Return Policy: Terms for returns or exchanges, include for consumer sales

3. Special Conditions: Any specific terms unique to this sale

What schedules should be included in a Confirmation Of Sale Letter?

1. Product Specification Sheet: Detailed technical specifications of products

2. Payment Schedule: If payment is to be made in installments

3. Warranty Certificate: If warranty is provided with the sale

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 | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses




















Industries

Sale of Goods Act (SOGA): Primary legislation governing the sale of goods in Singapore, defining rights and obligations of buyers and sellers

Contract Law: Fundamental principles governing formation and enforcement of contracts in Singapore

Electronic Transactions Act: Regulates electronic communications and transactions, relevant if confirmation is sent electronically

Consumer Protection (Fair Trading) Act (CPFTA): Protects consumer interests and regulates fair trading practices, including Lemon Law provisions

Unfair Contract Terms Act (UCTA): Controls the use of unfair terms in contracts and limits the extent to which liability can be excluded

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Ensures accurate product descriptions and maintains safety standards

Price Control Act: Regulates pricing and prevents unfair price manipulation

Goods and Services Tax Act: Governs the application of GST on sales transactions in Singapore

Income Tax Act: Relevant for tax implications of sales transactions

United Nations Convention on Contracts (CISG): International sales law for cross-border transactions, if applicable

INCOTERMS: International commercial terms defining responsibilities in international trade

Offer and Acceptance Principle: Legal principle ensuring clear agreement between parties on sale terms

Consideration Principle: Legal requirement that something of value must be exchanged in the contract

Legal Relations Principle: Requirement that parties intend to create legally binding obligations

Certainty of Terms Principle: Legal requirement that contract terms must be clear and certain

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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