Simple Purchase Agreement for United Arab Emirates

Simple Purchase Agreement Template for United Arab Emirates

A Simple Purchase Agreement governed by UAE law that establishes the terms and conditions for the sale and purchase of goods between two parties. This agreement complies with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant commercial regulations. It covers essential elements including clear identification of the goods, purchase price, delivery terms, transfer of title, and basic warranties. The document is structured to be straightforward while maintaining legal enforceability in the UAE jurisdiction, making it suitable for both business-to-business and business-to-consumer transactions.

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What is a Simple Purchase Agreement?

The Simple Purchase Agreement template is designed for use in the United Arab Emirates when parties need to document a straightforward sale and purchase of goods. It incorporates requirements from UAE civil and commercial laws, including the UAE Civil Code and Commercial Transactions Law. This document is particularly useful for transactions where parties need more formality than a basic invoice but don't require the complexity of a full commercial agreement. The agreement includes essential elements required by UAE law such as clear party identification, specific description of goods, pricing, delivery terms, and basic warranties. It's suitable for both one-time purchases and regular supply arrangements, provided the terms remain relatively simple. The template ensures compliance with local regulations while maintaining practical usability for standard commercial transactions.

What sections should be included in a Simple Purchase Agreement?

1. Parties: Full legal names and addresses of the seller and purchaser, including their trade license details if commercial entities

2. Background: Context of the transaction and brief description of the parties' intention to enter into a purchase agreement

3. Definitions: Key terms used throughout the agreement, ensuring clarity and consistent interpretation

4. Sale and Purchase: Core transaction details including description of goods, quantity, and confirmation of sale

5. Purchase Price: Amount, currency, and payment terms including method and timing of payment

6. Delivery: Delivery terms, timing, location, and responsibility for shipping costs

7. Title and Risk: When ownership and risk transfers from seller to buyer

8. Warranties: Standard warranties regarding ownership, quality, and condition of goods

9. Term and Termination: Duration of agreement and circumstances allowing early termination

10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes

11. Execution: Signature blocks and execution formalities

What sections are optional to include in a Simple Purchase Agreement?

1. Inspection Rights: Include when buyer requires right to inspect goods before acceptance

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

3. Intellectual Property: Include when the goods involve any IP rights or licenses

4. Confidentiality: Include when transaction involves sensitive commercial information

5. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

6. Assignment: Include when transfer rights need to be restricted or permitted

7. Compliance with Laws: Include when goods are regulated or require specific permits

What schedules should be included in a Simple Purchase Agreement?

1. Schedule 1 - Specification of Goods: Detailed technical specifications, quantities, and descriptions of the goods

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices if multiple items or pricing mechanisms involved

3. Schedule 3 - Delivery Schedule: Detailed delivery timeframes and locations if multiple deliveries are planned

4. Appendix A - Quality Standards: Specific quality requirements and standards applicable to the goods

5. Appendix B - Required Documentation: List of documents required for the transaction (e.g., certificates of origin, quality certificates)

Authors

Alex Denne

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

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant Industries

Retail

Manufacturing

Trading

E-commerce

Construction

Technology

Consumer Goods

Industrial Equipment

Automotive

Electronics

Furniture and Home Goods

Medical Supplies

Office Equipment

Raw Materials

Relevant Teams

Procurement

Supply Chain

Operations

Commercial

Legal

Finance

Logistics

Sales

Administration

Relevant Roles

Procurement Manager

Purchasing Officer

Supply Chain Manager

Commercial Director

Operations Manager

Contract Administrator

Business Owner

Sales Manager

General Manager

Legal Counsel

Finance Manager

Logistics Coordinator

Warehouse 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

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