Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Simple Purchase And Sale Agreement
1. Parties: Identification and details of the seller and buyer, including full legal names, registration numbers (if companies), and addresses
2. Background: Brief context of the transaction and the parties' intention to enter into the purchase and sale agreement
3. Definitions: Definitions of key terms used throughout the agreement for clarity and consistency
4. Subject Matter of Sale: Clear description of the goods or items being sold, including quantity and specifications
5. Purchase Price: The agreed purchase price, currency, and basic payment terms
6. Delivery: Terms and conditions of delivery, including timing, location, and transfer of risk
7. Title and Risk: Provisions regarding when ownership transfers and who bears risk during different stages
8. Warranties: Basic warranties from the seller regarding ownership, condition, and quality of the goods
9. Termination: Circumstances under which either party may terminate the agreement
10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
11. Signatures: Execution block for parties' signatures, dates, and witness provisions if required
1. Condition Precedents: Include when the transaction is subject to specific conditions being met before completion
2. Due Diligence: Add when buyer requires inspection or verification period before completion
3. Intellectual Property Rights: Include when the sale involves goods with associated IP rights
4. Confidentiality: Add when sensitive information will be exchanged during the transaction
5. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
6. Insurance: Add when specific insurance requirements are needed during transition of ownership
7. VAT and Tax: Include when there are specific tax considerations or VAT requirements
8. Assignment: Add when transfer rights need to be specifically addressed
9. Compliance with Laws: Include when goods are subject to specific regulatory requirements
1. Schedule 1 - Product Specification: Detailed technical specifications of the goods being sold
2. Schedule 2 - Payment Schedule: Detailed payment terms if payment is to be made in installments
3. Schedule 3 - Delivery Schedule: Detailed delivery timeline if multiple deliveries are involved
4. Appendix A - Certificates: Any required certificates of ownership, quality, or origin
5. Appendix B - Warranty Terms: Detailed warranty terms and conditions if extensive
6. Appendix C - Due Diligence Documents: List of documents provided for due diligence
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.