Simple Sale and Purchase Agreement for the purchase of items from Seller to Buyer. This simple form is drafted in favour of the Seller / Vendor.
The Buyer desires to purchase Items from the Seller, and Seller desires to sell Items to the Buyer pursuant to the terms and conditions set forth in this Agreement.
The Buyer shall carefully examine the Items on delivery and shall notify the Seller within three working days in writing of any short delivery or defects reasonably discoverable on careful examination. The Seller shall at its option replace or repair any defective goods or refund the purchase price of any undelivered Items falling within this paragraph but shall not be under any other liability to the Buyer in this respect. If the Seller does not receive any such notification, it shall be discharged from all liability (whether arising in negligence or otherwise) arising from non-delivery, short delivery or from such defects.
Risk of damage to or loss of the Items shall pass to the Buyer:
(a) in the case of Items to be delivered at the Seller's premises, at the time when the Items are handed to the Buyer or its carrier; or
(b) in the case of Items to be delivered otherwise than at the Seller's premises, at the time of delivery or, if the Buyer wrongfully fails to take delivery of the Items, the time when the Seller has tendered delivery of the Items.
Both the Buyer's and Seller's information should be provided in this agreement, along with the description of the items and the mode of delivery.
The agreed price and schedule of payments should also be specified, as well as clearly describe the specifications of the items were to be provided by the Seller.
Both Parties should also provide the agreed Services, Price, Delivery and Payment in the agreement. If any, they may also specify the amount of damages per week the Buyer is to be entitled for late delivery.
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