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Simple Agreement Of Sale

Simple Agreement Of Sale Template for Ireland

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Key Requirements PROMPT example:

Simple Agreement Of Sale

"I need a Simple Agreement of Sale governed by Irish law to sell my manufacturing equipment to another business, with delivery scheduled for March 2025 and payment to be made in two installments."

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Document background
The Simple Agreement of Sale is designed for straightforward commercial transactions in Ireland where clarity and simplicity are prioritized. This document type is commonly used for one-off sales of goods or standard commercial transactions where complex terms are unnecessary. It provides a legally compliant framework under Irish law for documenting basic sales transactions, incorporating essential elements required by the Sale of Goods Act 1893 and related legislation. The agreement is particularly suitable for businesses engaging in routine sales operations, whether B2B or B2C, where the primary focus is on core elements such as product description, pricing, delivery, and basic warranties. While comprehensive enough to provide legal protection, the Simple Agreement of Sale remains more accessible than more complex commercial contracts, making it ideal for standard business operations.
Suggested Sections

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

2. Background: Brief context of the sale and purpose of the agreement

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Sale and Purchase: Core terms of the sale including description of goods and agreed purchase price

5. Payment Terms: Details of how and when payment will be made, including any deposit requirements

6. Delivery: Terms regarding delivery of goods, including timing, location, and responsibility for costs

7. Title and Risk: When ownership and risk in the goods passes from seller to buyer

8. Warranties: Standard warranties regarding the goods' condition, ownership, and fitness for purpose

9. Termination: Circumstances under which the agreement can be terminated

10. Governing Law: Confirmation that Irish law governs the agreement

11. Signatures: Execution blocks for both parties

Optional Sections

1. Quality Inspection: Used when buyer requires right to inspect goods before acceptance

2. Insurance: Include when specific insurance requirements are needed during transit

3. Intellectual Property: Required when the sale involves goods with associated IP rights

4. Confidentiality: Include when sensitive information will be exchanged

5. Force Majeure: Optional clause protecting parties from unforeseen circumstances

6. Export/Import Requirements: Include for international sales

7. Return Policy: Include for consumer sales or when specific return rights are granted

Suggested Schedules

1. Schedule 1 - Specification of Goods: Detailed description of goods including quantities, specifications, and any relevant technical details

2. Schedule 2 - Price List: Detailed breakdown of prices if multiple items or pricing components

3. Schedule 3 - Delivery Schedule: If multiple delivery dates or locations are involved

4. Appendix A - Quality Standards: Any specific quality standards or certifications that apply to the goods

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions



















Clauses
























Relevant Industries

Retail

Manufacturing

Wholesale

Consumer Goods

Industrial Equipment

Technology

Agriculture

Automotive

Construction

Electronics

Furniture

Textiles

Food and Beverage

Medical Equipment

Relevant Teams

Sales

Procurement

Legal

Operations

Commercial

Supply Chain

Business Development

Compliance

Contract Administration

Finance

Relevant Roles

Sales Manager

Procurement Manager

Business Development Manager

Commercial Director

Operations Manager

Contract Administrator

Legal Counsel

Purchasing Officer

Supply Chain Manager

Account Manager

Business Owner

General Manager

Compliance Officer

Sales Representative

Procurement Specialist

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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