Ƶ

Buyers Agreement for Philippines

Buyers Agreement Template for Philippines

A comprehensive legal document governed by Philippine law that establishes the terms and conditions between a buyer and seller for the purchase of goods, services, or property. This agreement outlines crucial elements including payment terms, delivery conditions, warranties, and dispute resolution mechanisms, while ensuring compliance with Philippine commercial law, particularly the Civil Code of the Philippines and the Consumer Act. The document incorporates necessary consumer protections and regulatory requirements specific to the Philippine jurisdiction, making it suitable for both business-to-business and business-to-consumer transactions.

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
Buyers Agreement

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

What is a Buyers Agreement?

The Buyer's Agreement serves as a fundamental legal instrument in Philippine commercial transactions, designed to protect both buyers' and sellers' interests while ensuring compliance with local laws and regulations. This document is essential when conducting significant purchase transactions in the Philippines, whether for goods, services, or property. It incorporates key provisions required under the Civil Code of the Philippines, the Consumer Act, and other relevant legislation, while addressing practical aspects such as payment terms, delivery conditions, warranties, and dispute resolution. The agreement is particularly important in establishing clear rights and obligations, reducing potential disputes, and providing a legally enforceable framework for the transaction. It can be customized for various industries and transaction types, from simple retail purchases to complex commercial acquisitions, while maintaining compliance with Philippine legal requirements.

What sections should be included in a Buyers Agreement?

1. Parties: Identifies and provides full details of the buyer and seller, including registration numbers and addresses

2. Background: Contextual information explaining the purpose of the agreement and the relationship between the parties

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

4. Subject Matter of Sale: Detailed description of the goods or property being purchased

5. Purchase Price: Specifies the price, payment terms, method of payment, and payment schedule

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

7. Warranties and Representations: Standard warranties about the goods, title, and authority to sell

8. Inspection and Acceptance: Process and timeframe for inspecting and accepting the goods

9. Title and Risk: When and how title and risk transfer from seller to buyer

10. Termination: Circumstances under which the agreement can be terminated and the consequences

11. Governing Law: Specifies Philippine law as governing law and jurisdiction

12. Dispute Resolution: Process for resolving disputes, including mediation or arbitration procedures

13. Notices: How formal communications between parties should be made and delivered

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

What sections are optional to include in a Buyers Agreement?

1. Intellectual Property Rights: Required when the purchase involves goods with intellectual property components

2. Confidentiality: Needed when sensitive information will be exchanged during the transaction

3. Insurance: Required for high-value goods or when specific insurance coverage is needed

4. Export/Import Requirements: Necessary for international transactions or goods requiring special permits

5. After-Sales Service: Important for technical equipment or goods requiring maintenance

6. Return Policy: Relevant for retail or consumer goods purchases

7. Force Majeure: Important in long-term purchase agreements or when delivery timing is critical

8. Assignment: Needed when either party may need to transfer rights or obligations

What schedules should be included in a Buyers Agreement?

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being purchased

2. Schedule 2 - Price List: Detailed breakdown of prices, especially for multiple items or variable pricing

3. Schedule 3 - Payment Schedule: For installment payments or multiple delivery phases

4. Schedule 4 - Delivery Schedule: For multiple deliveries or complex logistics arrangements

5. Schedule 5 - Warranty Terms: Detailed warranty conditions and procedures

6. Appendix A - Required Documents: List of documents required for the transaction (e.g., permits, certificates)

7. Appendix B - Quality Standards: Applicable quality standards and testing procedures

8. Appendix C - After-Sales Support: Details of maintenance, support, or service arrangements

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

Philippines

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions



































Clauses




























Relevant Industries

Retail

Manufacturing

Real Estate

Technology

Consumer Goods

Industrial Equipment

Automotive

Electronics

Construction

Agriculture

Pharmaceuticals

Food and Beverage

Energy

Telecommunications

Relevant Teams

Legal

Procurement

Finance

Operations

Commercial

Supply Chain

Risk Management

Compliance

Sales

Contract Administration

Relevant Roles

Procurement Manager

Purchasing Director

Legal Counsel

Contract Administrator

Supply Chain Manager

Commercial Director

Chief Financial Officer

Operations Manager

Business Development Manager

Compliance Officer

Risk Manager

Sales Director

General Manager

Chief Executive Officer

Vendor 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

Non Binding Agreement

A Non-Binding Agreement template under Philippine law for structuring preliminary business discussions and proposed arrangements while maintaining no legal obligations.

find out more

Bilateral Contract (Real Estate)

A Philippine law-compliant bilateral contract for real estate transactions, facilitating legal property transfer between parties with necessary terms and conditions.

find out more

Business Agreement

Template for a Philippine-law compliant business agreement, structured to establish clear commercial relationships while meeting local legal requirements.

find out more

Option Contract (Real Estate)

A Philippine law-governed contract granting exclusive rights to purchase specific real estate property under preset terms and conditions within a defined timeframe.

find out more

Written Agreement For Payment

A legally binding payment agreement under Philippine law that establishes payment terms, schedules, and obligations between parties.

find out more

Land Lease Agreement Form

A Philippine law-compliant agreement establishing terms for leasing land between property owner and tenant, including rental terms, usage rights, and obligations.

find out more

Bilateral Contract

A bilateral contract template compliant with Philippine law, establishing reciprocal obligations between two parties.

find out more

Consignment Agreement Form

A Philippine law-governed agreement establishing terms for consignment sales arrangement between product owner and seller, including commission and inventory management terms.

find out more

General Tenancy Agreement

A Philippine law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

find out more

Standard Form Contract

A standardized contract template compliant with Philippine law, designed for regular business-to-consumer transactions with pre-set terms and conditions.

find out more

Contract Agreement Form

A comprehensive Contract Agreement Form template compliant with Philippine law, designed for establishing legally binding business relationships.

find out more

Money Agreement Between Two Parties

A comprehensive money lending agreement template compliant with Philippine law, structuring financial transactions between two parties.

find out more

Written Agreement

A formal Written Agreement compliant with Philippine law, establishing legally binding obligations between parties with clear terms and enforcement mechanisms.

find out more

Simple Contract

A straightforward legal agreement governed by Philippine law that establishes basic contractual relationships between parties, ensuring compliance with the Civil Code of the Philippines.

find out more

Side Agreement

A supplementary agreement under Philippine law that modifies or clarifies terms of an existing primary agreement while maintaining compliance with Philippine civil and commercial legislation.

find out more

Mutual Agreement Between Two Parties

A legally compliant template for Mutual Agreements between two parties under Philippine law, suitable for various business relationships.

find out more

Lease Agreement With Option To Purchase

A Philippine law-governed agreement combining property lease terms with a future purchase option, establishing conditions for both temporary use and potential acquisition.

find out more

Incorporation Agreement

A foundational legal document under Philippine law that establishes a new corporation and defines its basic structure, governance, and operational framework.

find out more

Formal Agreement

A binding legal agreement drafted under Philippine law that establishes formal business relationships and obligations between parties.

find out more

Fixed Term Tenancy Agreement

A Philippine law-compliant agreement establishing fixed-term rental terms between landlord and tenant, governed by the Rent Control Act and Civil Code of the Philippines.

find out more

Contract For Selling A Car

A Philippine law-compliant contract for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions for both parties.

find out more

Casual Worker Contract

A Philippine-compliant contract for casual employment arrangements, establishing terms and conditions for temporary or intermittent work relationships.

find out more

Business Transfer Agreement

A Philippine law-governed agreement facilitating the complete transfer of business ownership, assets, and operations between entities, ensuring regulatory compliance and smooth transition.

find out more

Boilerplate Agreement

A versatile Boilerplate Agreement template compliant with Philippine law, designed for various business relationships and transactions.

find out more

Tooling Agreement

A Philippine law-governed agreement establishing terms for industrial tool development, supply, and usage rights between manufacturing parties.

find out more

Service Agreement Terms And Conditions

Philippine-law governed terms and conditions document outlining service provision arrangements between provider and client.

find out more

Representation Agreement

A Philippine law-governed agreement establishing the terms and conditions between a principal and their appointed representative, defining scope, territory, and mutual obligations.

find out more

Provisional Agreement

A temporary contractual arrangement under Philippine law that establishes interim terms and conditions between parties while evaluating longer-term collaboration possibilities.

find out more

Preliminary Agreement

A pre-contractual document under Philippine law that establishes the framework for negotiations and initial terms between parties before finalizing a detailed agreement.

find out more

Notary Rent Agreement

A legally binding rental agreement authenticated by a notary public under Philippine law, establishing terms and conditions between lessor and lessee.

find out more

Non Compete Agreement Between Companies

A Philippine law-governed agreement establishing competitive restrictions between companies, defining scope, duration, and territorial limitations of non-compete obligations.

find out more

Lease With Option To Buy

A Philippine law-governed agreement combining property lease terms with a future purchase option, structured to comply with local real estate and contract laws.

find out more

Land Agreement Between Two Parties

A Philippine law-compliant agreement for the transfer of land ownership between two parties, incorporating all essential legal requirements and protections.

find out more

Contract Agreement Between Two Parties

A bilateral agreement under Philippine law establishing legally binding obligations between two parties, with comprehensive terms and conditions for business relationships.

find out more

Common Terms Agreement

A Philippine law-governed agreement establishing common terms for syndicated lending facilities, standardizing the relationship between multiple lenders and borrower(s).

find out more

Buyer Agency Agreement

A Philippine-law governed agreement establishing a professional relationship between a real estate agent and property buyer, outlining the agent's authority, duties, and compensation terms.

find out more

Statement Of Agreement

A formal document under Philippine law that records mutual understanding and commitments between parties, serving as a simplified yet legally binding agreement.

find out more

Contract For Service And Contract Of Service

A dual-purpose contract template for employment and independent contractor relationships compliant with Philippine law and regulations.

find out more

Preliminary Contract

A Philippine law-governed binding preliminary agreement that establishes the framework and obligations for parties negotiating toward a final contract.

find out more

Key Agreement For Employees

A Philippine-compliant agreement governing the issuance and management of keys/access devices to employees, establishing security protocols and holder responsibilities.

find out more
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