The Agreement For Sale Without Possession is specifically designed for transactions under Swiss law where parties wish to complete a sale but immediate physical transfer of the asset is not practical or desired. This type of agreement is commonly used in scenarios involving large industrial equipment, art collections, or other valuable assets where storage, logistics, or timing considerations necessitate a delay between the legal transfer of ownership and physical possession. The document ensures compliance with Swiss legal requirements, particularly the Swiss Code of Obligations, while providing clear frameworks for payment terms, risk allocation, insurance, and maintenance responsibilities during the interim period. It's particularly valuable in commercial transactions involving complex assets or where staged completion is necessary for practical or strategic reasons.

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

2. Background: Context of the sale, relationship between parties, and explanation of why possession is not immediately transferred

3. Definitions: Key terms used throughout the agreement, including specific Swiss legal terminology

4. Object of Sale: Detailed description of the item(s) being sold, including any identifying characteristics, serial numbers, or registration details

5. Purchase Price and Payment Terms: Price, payment schedule, method of payment, and any conditions precedent to payment

6. Transfer of Title: Provisions regarding when and how legal ownership transfers, despite lack of physical possession

7. Possession Arrangements: Details of current possession status, future transfer of possession, and interim arrangements

8. Seller's Warranties: Warranties regarding ownership, condition, and right to sell the object

9. Buyer's Obligations: Responsibilities of the buyer, including payment and eventual collection/receipt of the object

10. Risk and Insurance: Allocation of risk and responsibility for insurance during the period between sale and transfer of possession

11. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes

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

14. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments