Ƶ

Bill Of Sale And Purchase Agreement for Indonesia

Bill Of Sale And Purchase Agreement Template for Indonesia

A comprehensive legal document governed by Indonesian law that formalizes the transfer of ownership of assets from a seller to a buyer. The agreement details the terms and conditions of the sale, including the purchase price, payment terms, delivery arrangements, and warranties. It complies with the Indonesian Civil Code (KUHPerdata) and relevant commercial regulations, providing legal protection for both parties and ensuring a clear record of the transaction. The document includes specific provisions for asset description, condition assessment, and transfer of title, making it enforceable under Indonesian jurisdiction.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Bill Of Sale And Purchase Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Bill Of Sale And Purchase Agreement?

The Bill of Sale and Purchase Agreement is a fundamental legal instrument in Indonesian commercial transactions, essential for documenting the transfer of ownership of assets from one party to another. This document type is governed by the Indonesian Civil Code (KUHPerdata) and must comply with local commercial law requirements. It is commonly used when there is a need to formally document the sale of valuable assets, whether tangible or intangible, and provides legal protection for both the seller and buyer. The agreement typically includes detailed descriptions of the asset, purchase price, payment terms, warranties, and conditions of sale. It is particularly important in business transactions where clear documentation of ownership transfer is required for legal and accounting purposes, and can be used for various types of assets ranging from vehicles and equipment to intellectual property rights.

What sections should be included in a Bill Of Sale And Purchase Agreement?

1. Parties: Identifies and provides full details of the seller and buyer, including their legal names, addresses, and any registration numbers if companies

2. Background: Provides context for the sale and purchase transaction, including brief description of the asset and parties' intention to enter into the agreement

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Subject Matter of Sale: Detailed description of the asset(s) being sold and purchased, including any identifying characteristics or serial numbers

5. Purchase Price: Specifies the agreed purchase price, currency, and whether it includes applicable taxes

6. Payment Terms: Details the method, timing, and conditions of payment, including any installment arrangements

7. Delivery and Transfer: Specifies when and how the asset will be delivered and legal ownership transferred

8. Seller's Representations and Warranties: Statements of fact and guarantees by the seller regarding the asset and their authority to sell

9. Buyer's Representations and Warranties: Statements of fact and guarantees by the buyer regarding their authority and ability to purchase

10. Condition of Asset: Describes the current condition of the asset and any known defects or issues

11. Risk and Title: Specifies when risk and title pass from seller to buyer

12. Governing Law and Jurisdiction: Establishes Indonesian law as governing law and specifies jurisdiction for dispute resolution

13. Execution: Signature blocks and execution requirements for both parties

What sections are optional to include in a Bill Of Sale And Purchase Agreement?

1. Due Diligence: Include when buyer needs to conduct investigations or verify asset condition before completion

2. Intellectual Property Rights: Include when the sale involves assets with associated intellectual property

3. Regulatory Compliance: Include when the asset transfer requires specific regulatory approvals or compliance

4. Tax Provisions: Include detailed tax arrangements when complex tax implications exist

5. Insurance: Include when specific insurance requirements need to be maintained during transfer

6. Confidentiality: Include when transaction involves sensitive information or trade secrets

7. Force Majeure: Include when protection against unforeseen events affecting completion is needed

8. Assignment Rights: Include when either party may need to transfer their rights under the agreement

9. Maintenance and Support: Include for technical equipment or assets requiring ongoing maintenance

What schedules should be included in a Bill Of Sale And Purchase Agreement?

1. Asset Description Schedule: Detailed technical specifications, photographs, or descriptions of the asset(s)

2. Price Breakdown Schedule: Itemized breakdown of the purchase price, including any adjustments or calculations

3. Payment Schedule: If payment is in installments, detailed payment dates and amounts

4. Due Diligence Results: Results of any inspections or investigations conducted on the asset

5. Transfer Documents: Forms and additional documents required for legal transfer of the asset

6. Existing Encumbrances: List of any existing liens, encumbrances, or claims on the asset

7. Compliance Certificates: Copies of relevant regulatory or compliance certificates

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

Document Type

Contract to Sell

Cost

Free to use
Relevant legal definitions

































Clauses





































Relevant Industries

Manufacturing

Retail

Automotive

Real Estate

Technology

Agriculture

Mining

Construction

Transportation

Maritime

Energy

Professional Services

Industrial Equipment

Consumer Goods

Healthcare

Relevant Teams

Legal

Procurement

Finance

Sales

Commercial

Operations

Risk & Compliance

Asset Management

Business Development

Corporate Secretariat

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Sales Manager

Business Development Manager

Chief Financial Officer

Company Secretary

Risk Manager

Compliance Officer

Asset Manager

Operations Manager

Commercial Director

General Manager

Chief Executive 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

Find the exact document you need

Motor Vehicle Sale Contract

An Indonesian law-compliant contract for the sale and transfer of ownership of a motor vehicle, detailing terms, conditions, and obligations of the transaction.

Download

Flat Selling Agreement

An Indonesian law-governed agreement for the sale and purchase of apartment units or flats, detailing terms of property transfer and ownership.

Download

Agreement Of Purchase And Sale (Real Estate)

An Indonesian law-governed agreement documenting the terms and conditions for the sale and purchase of real estate property, requiring execution before a Land Deed Official (PPAT).

Download

Sales & Purchase Agreement

An Indonesian law-governed agreement setting out terms and conditions for the sale and purchase of goods or services between two parties.

Download

House Sale Purchase Agreement

An Indonesian law-governed agreement for the sale and purchase of residential property, outlining terms, conditions, and ownership transfer requirements.

Download

Online Sales Agreement

An Indonesian law-compliant agreement governing online sales transactions and e-commerce operations, addressing key aspects of electronic commerce and consumer protection.

Download

Conditional Sales Agreement

An Indonesian law-governed agreement for sales where ownership transfers upon fulfillment of specified conditions, typically full payment.

Download

Binding Sales Contract

An Indonesian law-governed contract establishing terms and conditions for the sale and purchase of goods between two parties.

Download

Buy And Sell Agreement (Insurance)

An Indonesian law-governed agreement establishing insurance coverage terms between insurer and insured, including premium payments, coverage details, and claims procedures.

Download

Agreement To Sell And Contract Of Sale

An Indonesian law-compliant document combining an agreement to sell and contract of sale, governing the complete process of property or asset transfer.

Download

Legal Sales Contract

An Indonesian law-governed sales contract detailing terms and conditions for the sale and purchase of goods, compliant with local commercial regulations.

Download

Motor Vehicle Sale Deed

An Indonesian legal document formalizing the transfer of motor vehicle ownership between parties, compliant with local civil and transportation laws.

Download

Asset Sale And Purchase Agreement

An Indonesian law-governed agreement for the sale and purchase of assets, detailing transfer terms, conditions, and regulatory compliance requirements.

Download

Sale And Leaseback Agreement

An Indonesian law-governed agreement combining property sale and immediate leaseback arrangements, enabling continued use of property by the seller as a lessee.

Download

Sale Of Partnership Agreement

An Indonesian law-governed agreement for the sale and transfer of partnership interests, outlining terms, conditions, and obligations of the transaction.

Download

Provisional Sales And Purchase Agreement

An Indonesian law-governed preliminary agreement establishing key terms and conditions for a proposed sale and purchase transaction, serving as a bridge to a definitive agreement.

Download

Apartment Sale And Purchase Contract

An Indonesian law-governed agreement for the sale and purchase of apartment units, detailing terms, conditions, and obligations of the transaction.

Download

Sell And Purchase Agreement

An Indonesian law-governed agreement documenting the sale and purchase of goods or assets between parties, outlining key terms and conditions of the transaction.

Download

Buy Sell Contract

An Indonesian law-governed agreement for the sale and purchase of goods or assets, establishing terms, conditions, and obligations for both buyer and seller.

Download

Sales Mandate Agreement

An Indonesian law-governed agreement appointing a Sales Agent to promote and sell Principal's products/services within a defined territory.

Download

Online Sales Contract

An Indonesian-law compliant online sales contract template for e-commerce transactions, incorporating local electronic transaction and consumer protection requirements.

Download

Agreement And Bill Of Sale

An Indonesian law-governed document that combines a sales agreement and ownership transfer documentation, formalizing asset sales between parties.

Download

Agency Agreement For Sale Of Products

Indonesian-law governed agreement appointing an agent to market and sell products, detailing rights, obligations, and commission structures under local regulations.

Download

Deed Of Sale Motor Vehicle

An Indonesian legal document formalizing the sale and transfer of ownership of a motor vehicle between parties, compliant with Indonesian traffic and transportation laws.

Download

Sale Payment Agreement

An Indonesian law-governed agreement establishing payment terms and conditions for sale transactions, structured under the Indonesian Civil Code.

Download

Purchase And Sale Deed

An Indonesian notarial deed executed before a Land Deed Official (PPAT) that formalizes and legalizes property ownership transfer from seller to buyer.

Download

Private Sale Purchase Agreement

An Indonesian law-governed agreement documenting the terms and conditions for the private sale and purchase of goods or assets between parties.

Download

Direct Sales Contract

An Indonesian law-governed agreement establishing terms for direct sales transactions, ensuring regulatory compliance and commercial protection for all parties.

Download

Buy Sell Agreement For Small Business

An Indonesian law-governed agreement for the transfer of ownership and assets of a small business between seller and buyer, ensuring regulatory compliance and protecting both parties' interests.

Download

Business Sales Agreement Contract

An Indonesian law-governed agreement establishing terms and conditions for business-to-business sales transactions, compliant with local commercial regulations.

Download

Agency Listing Agreement

An Indonesian law-governed agreement between property owner and real estate agency establishing terms for property listing and marketing services.

Download

Sale Agreement Form

An Indonesian law-compliant sale agreement template outlining terms and conditions for commercial transactions within Indonesian jurisdiction.

Download

Vehicle Sale Agreement Between Two Parties

An Indonesian law-governed agreement for the sale and transfer of a vehicle between two parties, ensuring legal compliance and protecting both parties' interests.

Download

Sales Contract For Car

An Indonesian law-governed contract for the sale and purchase of a motor vehicle, including ownership transfer and registration requirements.

Download

Agreement To Split Proceeds Of Sale

An Indonesian law-governed agreement that establishes terms for dividing sales proceeds between multiple parties, including calculation methods and distribution procedures.

Download

Exclusive Selling Agreement

An Indonesian law-governed agreement granting exclusive rights to sell specific products within a defined territory in Indonesia, subject to local commercial and competition laws.

Download

Deed Of Sale To Land Title

An Indonesian legal document executed before a Land Deed Official (PPAT) to transfer land ownership rights from seller to buyer.

Download

Entity Buy Sell Agreement

An Indonesian law-governed agreement for the sale and purchase of a business entity, including all terms, conditions, and regulatory requirements for ownership transfer.

Download

Home Buy Sell Agreement

An Indonesian law-governed agreement for the sale and purchase of residential property, detailing transfer terms and conditions.

Download

Business Seller Financing Agreement

An Indonesian law-governed agreement where a business seller provides financing to the buyer, detailing payment terms, security arrangements, and compliance requirements.

Download
See more related templates

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