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Agreement Letter Between Buyer And Seller for Indonesia

Agreement Letter Between Buyer And Seller Template for Indonesia

This Agreement Letter Between Buyer and Seller is a legally binding document governed by Indonesian law, particularly the Indonesian Civil Code (KUHPerdata) and relevant commercial regulations. It establishes the terms and conditions of a sale transaction, clearly defining the rights and obligations of both parties. The document incorporates essential elements required under Indonesian contract law, including clear identification of parties, specific details of the transaction, payment terms, delivery arrangements, and basic warranties. It serves as a formal record of the transaction while maintaining the practical simplicity of a letter format, making it suitable for both business-to-business and business-to-consumer transactions in the Indonesian market.

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What is a Agreement Letter Between Buyer And Seller?

The Agreement Letter Between Buyer and Seller is a fundamental commercial document used extensively in Indonesian business transactions. It serves as a formal record of sale arrangements while maintaining accessibility and practicality. This document type is particularly relevant in the Indonesian market, where it bridges the gap between informal transactions and more complex sales agreements. It complies with Indonesian Civil Code requirements and relevant commercial regulations, making it suitable for various transaction values and complexities. The agreement letter format is commonly used when parties need a clear, legally binding document that outlines essential transaction terms without the complexity of a full contract. It's especially useful for straightforward sales transactions, whether in B2B or B2C contexts, and can be adapted for various industries while maintaining compliance with Indonesian law.

What sections should be included in a Agreement Letter Between Buyer And Seller?

1. Parties: Full legal names and addresses of both buyer and seller, including any relevant business registration numbers

2. Background: Brief context of the transaction and relationship between parties

3. Definitions: Key terms used in the agreement letter

4. Object of Sale: Detailed description of goods/services being sold, including quantity and specifications

5. Price and Payment Terms: Purchase price, payment method, and payment schedule

6. Delivery Terms: Delivery method, timing, location, and associated costs

7. Warranties and Representations: Basic warranties regarding ownership, quality, and condition of goods

8. Rights and Obligations: Core responsibilities of both buyer and seller

9. Governing Law: Confirmation of Indonesian law as governing law

10. Signatures: Space for parties' signatures, dates, and witnesses if required

What sections are optional to include in a Agreement Letter Between Buyer And Seller?

1. Inspection and Acceptance: Used when buyer needs time or specific conditions to inspect and accept goods

2. Return Policy: Include when the agreement allows for returns under specific conditions

3. Warranty Period: Required for goods with specific warranty terms beyond basic warranties

4. Intellectual Property: Include when the sale involves products with intellectual property considerations

5. Force Majeure: Add for transactions with longer delivery times or higher risk factors

6. Dispute Resolution: Include for high-value transactions or when specific dispute resolution mechanisms are preferred

7. Confidentiality: Add when transaction involves sensitive information or trade secrets

8. Insurance: Include for high-value goods or when specific risks need to be covered during transit

What schedules should be included in a Agreement Letter Between Buyer And Seller?

1. Schedule A - Product Specifications: Detailed technical specifications or descriptions of the goods

2. Schedule B - Payment Schedule: Detailed breakdown of payment terms if involving installments or multiple payments

3. Schedule C - Delivery Schedule: Detailed delivery timeline and logistics if involving multiple deliveries

4. Appendix 1 - Product Images/Documentation: Visual documentation or photographs of the goods being sold

5. Appendix 2 - Quality Certificates: Copies of relevant quality certificates or compliance documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions

























Clauses

























Relevant Industries

Retail

Manufacturing

E-commerce

Consumer Goods

Electronics

Automotive

Fashion and Apparel

Food and Beverage

Construction Materials

Agricultural Products

Industrial Equipment

Medical Supplies

Technology

Furniture and Home Goods

Relevant Teams

Legal

Procurement

Sales

Commercial

Operations

Supply Chain

Finance

Compliance

Business Development

Contract Administration

Relevant Roles

Procurement Manager

Sales Manager

Business Development Manager

Commercial Director

Supply Chain Manager

Purchasing Officer

Sales Representative

Contract Administrator

Legal Counsel

Operations Manager

Small Business Owner

Retail Manager

Trading Manager

Compliance Officer

Finance Manager

Industries






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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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