The Binding Sale Agreement serves as a fundamental commercial document in Indonesian business transactions, essential for formalizing the transfer of ownership of goods, assets, or property. This document is critical when parties need to establish clear, legally enforceable terms for a sale transaction under Indonesian law. It incorporates requirements from the Indonesian Civil Code (KUHPerdata) and relevant commercial regulations, making it suitable for both domestic and international transactions involving Indonesian parties. The agreement typically includes comprehensive provisions on payment terms, delivery obligations, warranties, risk allocation, and dispute resolution mechanisms. It is particularly important for high-value transactions or those involving complex assets where detailed documentation of terms and conditions is necessary for legal certainty and risk management.
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 and details of the seller and buyer, including registration numbers for companies
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including description of items/assets being sold and purchase price
5. Payment Terms: Details of payment method, timing, and any installment arrangements
6. Delivery: Terms and conditions for delivery of goods/transfer of assets
7. Representations and Warranties: Statements of fact and assurances from both parties
8. Title and Risk: Timing of transfer of ownership and risk in the assets/goods
9. Seller's Obligations: Detailed listing of all seller's commitments and responsibilities
10. Buyer's Obligations: Detailed listing of all buyer's commitments and responsibilities
11. Conditions Precedent: Any conditions that must be satisfied before completion
12. Termination: Circumstances under which the agreement can be terminated and consequences
13. Governing Law and Jurisdiction: Confirmation of Indonesian law application and jurisdiction
14. Dispute Resolution: Process for resolving any disputes between the parties
15. Notices: How formal communications between parties should be made
16. Execution: Signature blocks and execution formalities
1. Tax Provisions: Include when tax implications need specific attention or allocation between parties
2. Intellectual Property: Include when the sale involves transfer of IP rights
3. Confidentiality: Include when sensitive information will be exchanged
4. Force Majeure: Include when specific events beyond parties' control need to be addressed
5. Insurance: Include when specific insurance requirements need to be maintained
6. Employee Matters: Include when the sale involves transfer of employees
7. Environmental Matters: Include when environmental liabilities or compliance is relevant
8. Regulatory Compliance: Include when specific regulatory requirements need to be addressed
9. Security Arrangements: Include when payment security or asset security is required
1. Schedule 1 - Asset Description: Detailed description of assets or goods being sold
2. Schedule 2 - Purchase Price Calculation: Breakdown of purchase price components and calculations
3. Schedule 3 - Payment Schedule: If payment in installments, detailed payment timeline
4. Schedule 4 - Delivery Schedule: Detailed delivery timeframes and locations
5. Schedule 5 - Form of Transfer Documents: Templates of any required transfer documentation
6. Schedule 6 - Required Consents: List of third-party or regulatory consents required
7. Appendix A - Technical Specifications: Detailed technical specifications of goods/assets
8. Appendix B - Due Diligence Results: Summary of due diligence findings if relevant
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Real Estate
Agriculture
Mining
Technology
Consumer Goods
Industrial Equipment
Automotive
Energy
Construction
Telecommunications
Financial Services
Healthcare
Hospitality
Export-Import
Marine and Shipping
Transportation and Logistics
Relevant Teams
Legal
Finance
Procurement
Sales
Operations
Compliance
Risk Management
Business Development
Corporate Secretariat
Supply Chain
Commercial Operations
Asset Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Commercial Director
Sales Manager
Procurement Manager
Legal Counsel
Contract Manager
Business Development Manager
Operations Director
Risk Manager
Compliance Officer
Corporate Secretary
Finance Manager
Asset Manager
Property Manager
Supply Chain Manager
General Manager
Director of Operations
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
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)