The Purchase And Sale Agreement Form is a crucial legal document used in the United Arab Emirates for documenting the transfer of ownership in commercial transactions. It serves as the primary contract template for both simple and complex sales, whether involving goods, assets, or property. The agreement must comply with UAE Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993), incorporating specific local requirements while maintaining international business standards. This document is essential when parties need to clearly define the terms of sale, including precise descriptions of the subject matter, payment terms, delivery conditions, warranties, and risk transfer. It's particularly important in the UAE context where formal documentation of commercial transactions is required for legal enforcement and regulatory compliance.
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 Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of seller and purchaser with full legal names, addresses, and registration details as per UAE requirements
2. Background: Context of the transaction and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of goods/property being sold, including specifications and quantity
5. Purchase Price: Clear statement of the purchase price, currency, and payment terms
6. Payment Terms: Details of payment method, schedule, and any conditions precedent to payment
7. Delivery Terms: Timing, location, and method of delivery, including risk transfer
8. Title and Risk: When and how title passes, and allocation of risk
9. Seller's Warranties: Warranties regarding ownership, quality, and condition of goods/property
10. Purchaser's Warranties: Warranties regarding authority to enter agreement and financial capacity
11. Condition of Goods/Property: Description of the condition in which goods/property will be delivered
12. Termination: Circumstances under which the agreement can be terminated
13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
14. Notices: How formal notices between parties should be given
15. Execution: Signature blocks and execution requirements
1. Inspection Rights: Used when purchaser requires pre-delivery inspection rights
2. Intellectual Property: Include when sale involves products with associated IP rights
3. Export/Import Requirements: Required for international sales involving customs clearance
4. Installation Services: Include when seller is responsible for installation of goods
5. Training: Used when seller must provide training on use of goods
6. Maintenance and Support: Include for technical equipment requiring ongoing support
7. Insurance Requirements: Specific insurance obligations beyond standard requirements
8. Confidentiality: Include when transaction involves sensitive information
9. Force Majeure: Optional but recommended for high-value transactions
10. Assignment Rights: Include when transfer rights need to be specifically addressed
1. Schedule 1 - Technical Specifications: Detailed technical specifications of goods/property
2. Schedule 2 - Payment Schedule: Breakdown of payment installments and timing
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and milestones
4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions
5. Schedule 5 - Acceptance Tests: Criteria for acceptance of goods/property
6. Appendix A - Required Documents: List of documents required for completion of sale
7. Appendix B - Due Diligence Items: List of due diligence materials to be provided
8. Appendix C - Compliance Certificates: Required regulatory or quality certificates
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Manufacturing
Retail
Technology
Construction
Automotive
Industrial Equipment
Consumer Goods
Energy
Healthcare
Agriculture
Telecommunications
Professional Services
Hospitality
Relevant Teams
Legal
Procurement
Sales
Finance
Operations
Commercial
Compliance
Risk Management
Supply Chain
Business Development
Property Management
Asset Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Procurement Manager
Sales Director
Legal Counsel
Contract Manager
Business Development Manager
Operations Director
Commercial Manager
Supply Chain Manager
Finance Manager
Compliance Officer
Risk Manager
Property Manager
Asset Manager
Find the exact document you need
Used Equipment Sales Agreement
UAE-compliant agreement template for the sale and purchase of used equipment, incorporating local commercial law requirements and transaction specifics.
Download
Product Contract
UAE-compliant product contract template covering sales, distribution, and quality standards under UAE commercial law.
Download
Restaurant Sale Agreement
A UAE legal template for transferring restaurant ownership, ensuring compliance with federal and local regulations.
Download
Purchase Agreement
A UAE legal template for purchase agreements, ensuring compliance with local commercial and civil laws.
Download
Vehicle Purchase Agreement
A UAE legal document facilitating vehicle sale and ownership transfer, ensuring compliance with federal laws and RTA regulations.
Download
Simple Asset Sale Agreement
A UAE legal template for asset sale agreements, ensuring compliance with local laws and transaction clarity.
Download
Sale Of Goods Agreement
A UAE legal template for sale of goods, ensuring compliance with local commercial laws and transaction clarity.
Download
Stock Sale Agreement
A UAE legal template for share transfer transactions, ensuring compliance with local corporate governance and ownership laws.
Download
Business Buy Sell Agreement
UAE-governed agreement template for business sale and purchase transactions, compliant with UAE Commercial Companies Law and related regulations.
Download
Sales Manager Contract
A UAE legal template for hiring sales managers, ensuring compliance with Federal Law No. 33 of 2021.
Download
Purchase Agreement For House
A UAE legal template for residential property transactions, ensuring compliance with federal and emirate-specific real estate regulations.
Download
Used Car Contract
UAE-compliant contract template for used vehicle sales, incorporating all necessary legal requirements and RTA regulations.
Download
Home Purchase Agreement
A UAE legal document outlining terms for residential property sales, ensuring compliance with local property laws and regulations.
Download
Independent Contractor Sales Commission Agreement
A UAE legal template for engaging independent sales contractors, detailing commission terms and compliance with local laws.
Download
Sale Of Shares Agreement
A UAE legal document template for documenting share sales, ensuring compliance with Commercial Companies Law and transaction specifics.
Download
Sales Rep Contract
A UAE legal template for engaging sales reps, ensuring compliance with labor and commercial agency laws.
Download
Vehicle Selling Contract
A UAE law-governed agreement for vehicle sale and ownership transfer, incorporating RTA requirements and local regulations.
Download
Private Car Sale Contract
A UAE legal template for private car sales, detailing transaction terms and ensuring compliance with local traffic laws.
Download
Sale Leaseback Agreement
A UAE legal document facilitating property sale and leaseback, ensuring compliance with federal and emirate-specific regulations.
Download
Offer To Sell
UAE-compliant template for formalizing offers to sell goods, assets, or property, structured to meet UAE Civil Code and Commercial Law requirements.
Download
International Sales Contract
A UAE-law governed template for international sales contracts, detailing essential terms for cross-border trade compliance.
Download
Deed Of Sale Property
A UAE legal document template for property sale, detailing transaction terms and complying with federal and emirate-specific laws.
Download
Absolute Deed Of Sale Car
A UAE-compliant legal document that records and facilitates the complete transfer of vehicle ownership from seller to buyer, meeting all RTA requirements.
Download
Vehicle Purchase Form
UAE-compliant legal form for documenting vehicle purchase transactions, meeting all local regulatory requirements for ownership transfer and registration.
Download
Master Sales Agreement
A UAE-law governed template for ongoing sales agreements, incorporating local legal requirements and international practices.
Download
Pre Sale Agreement
A UAE legal document outlining terms for off-plan property sales, ensuring compliance with local real estate regulations.
Download
Installment Sale Agreement
A UAE legal template for documenting installment sales, ensuring compliance with local laws and Sharia principles.
Download
Contract To Sell Land
A UAE law-governed agreement for the sale and transfer of land ownership, complying with federal and emirate-specific property regulations.
Download
Sales Partnership Agreement
A UAE legal template for establishing sales partnerships, ensuring compliance with local commercial agency laws.
Download
Product Sales Agreement
A UAE-law governed template for product sales agreements, ensuring compliance with local commercial and consumer protection laws.
Download
Private Sale Contract
A UAE legal template for private sale transactions, ensuring compliance with local civil and commercial laws.
Download
Consignment Sales Agreement
A UAE consignment sales agreement template outlining legal terms for inventory distribution without ownership transfer.
Download
Art Sale Contract
UAE-law governed art sale contract template ensuring compliance with local regulations and international transaction standards.
Download
Buyer Seller Agreement
A UAE legal template for buyer-seller agreements, covering commercial transactions under federal laws and local practices.
Download
Software Sales Contract
A UAE legal template for software sales and licensing agreements, ensuring compliance with local electronic commerce laws.
Download
Lease To Purchase Contract
UAE-governed agreement combining property lease terms with a future purchase option, compliant with UAE federal and emirate-specific property laws.
Download
Deed Of Sale Property
A UAE-compliant legal document facilitating property ownership transfer, detailing terms and conditions while meeting local registration requirements.
Download
Buy Sell Agreement
A UAE legal template for formalizing asset or business sales, aligning with local laws and commercial practices.
Download
Simple Asset Sale Agreement
A UAE-compliant template for documenting the sale and transfer of assets between parties, incorporating essential legal requirements and protections under UAE law.
Download
Software Sales Contract
UAE-compliant Software Sales Contract Template covering software licensing, implementation, and maintenance agreements under UAE Federal laws.
Download
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)