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Purchase Agreement Personal Property
"I need a Purchase Agreement Personal Property under Swiss law for selling my company's used manufacturing equipment to a local business buyer, with delivery scheduled for March 2025 and full payment required before transfer of title."
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and any registration numbers
2. Background: Context of the transaction and brief description of the personal property being sold
3. Definitions: Key terms used throughout the agreement
4. Object of Sale: Detailed description of the personal property, including any identifying characteristics, serial numbers, or specific features
5. Purchase Price: Amount, currency, and payment terms including any VAT considerations
6. Payment Terms: Schedule of payments, method of payment, and any conditions precedent to payment
7. Delivery: Terms and conditions of delivery, including timing, location, and responsibility for costs
8. Transfer of Title and Risk: Specify when ownership and risk transfer from seller to buyer, in accordance with Swiss law
9. Seller's Representations and Warranties: Standard warranties regarding ownership, condition, and quality of the property
10. Buyer's Obligations: Key responsibilities of the buyer including inspection and acceptance procedures
11. Defects and Warranty Claims: Process for handling defects and making warranty claims under Swiss law
12. Termination: Circumstances under which the agreement can be terminated and consequences
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
14. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments
1. Export/Import Requirements: Include when the property requires cross-border transportation or special permits
2. Insurance: Include when specific insurance requirements are needed during transit or transfer
3. Intellectual Property Rights: Include when the personal property includes or involves IP rights
4. Security Interest: Include when payment is in installments and seller retains security interest
5. Condition Precedent: Include when the sale is subject to specific conditions being met
6. Third Party Rights: Include when third parties have or may have rights related to the property
7. Maintenance and Support: Include for technical equipment or items requiring ongoing maintenance
8. Training: Include when operation of the property requires specific training or knowledge transfer
1. Property Description Schedule: Detailed technical specifications, photographs, or descriptions of the personal property
2. Payment Schedule: Detailed breakdown of payment installments and timing if applicable
3. Delivery Schedule: Specific delivery terms, timelines, and logistics details
4. Warranty Terms: Detailed warranty terms and conditions
5. Existing Defects: List of known defects or conditions of the property acknowledged by both parties
6. Required Documentation: List of certificates, permits, or other documents to be transferred with the property
7. Maintenance Requirements: Detailed maintenance procedures and schedules if applicable
Authors
Manufacturing
Retail
Automotive
Technology
Industrial Equipment
Art and Collectibles
Luxury Goods
Agriculture
Construction
Medical Equipment
Office Equipment
Machinery and Tools
Transportation
Electronics
Legal
Procurement
Finance
Sales
Operations
Risk Management
Compliance
Supply Chain
Commercial
Asset Management
Business Development
Procurement Manager
Legal Counsel
Contract Manager
Sales Director
Chief Financial Officer
Asset Manager
Operations Manager
Supply Chain Manager
Commercial Director
Risk Manager
Compliance Officer
Business Development Manager
Finance Manager
Property Manager
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