Agreement To Sell for the United Kingdom

Agreement To Sell Template for United States

An Agreement to Sell is a legally binding contract used in the United States that documents the terms and conditions under which one party agrees to sell and another party agrees to purchase specific goods, property, or assets. This document, governed by state-specific contract laws and the Uniform Commercial Code, outlines the purchase price, payment terms, conditions of sale, warranties, and the rights and obligations of both parties. It serves as a formal record of the transaction and provides legal protection for both the buyer and seller.

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
Agreement To Sell

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

What is a Agreement To Sell?

An Agreement to Sell is essential for any significant sale transaction in the United States, providing a clear framework for the transfer of ownership from seller to buyer. This document is commonly used when there needs to be a formal record of the sale terms, conditions, and warranties, particularly for transactions involving substantial value or complexity. The agreement must comply with state-specific contract laws and the Uniform Commercial Code, making it enforceable in U.S. courts. It typically includes detailed information about the item(s) being sold, purchase price, payment terms, closing conditions, and any warranties or representations made by either party. The Agreement to Sell is particularly important as it helps prevent future disputes by clearly documenting all aspects of the transaction and the parties' mutual understanding.

What sections should be included in a Agreement To Sell?

1. Parties: Identification and details of seller and buyer

2. Background: Context and purpose of the sale agreement

3. Definitions: Key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of items being sold

5. Purchase Price: Amount and payment terms

6. Closing: Time, place, and conditions for completion of sale

7. Representations and Warranties: Statements of fact and promises about the sale items

8. Governing Law: Jurisdiction and applicable law

What sections are optional to include in a Agreement To Sell?

1. Due Diligence: Buyer's right to inspect and verify condition - used for complex or high-value sales

2. Conditions Precedent: Prerequisites before sale completion - used when certain conditions must be met before closing

3. Non-Compete: Restrictions on seller's future activities - used for business sales

4. Environmental Matters: Environmental compliance and warranties - used when selling property or businesses with environmental implications

What schedules should be included in a Agreement To Sell?

1. Asset Schedule: Detailed listing of all assets included in sale

2. Disclosure Schedule: Known issues, liens, or encumbrances

3. Payment Schedule: If payment is to be made in installments

4. Due Diligence Checklist: List of documents and verifications required

5. Transfer Documents: Forms and documents required for transfer of ownership

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

Jurisdiction

United States

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Uniform Commercial Code (UCC): Primary law governing sales of goods in the US, particularly Article 2. Covers contract formation, performance, and remedies. Essential for commercial transactions and provides framework for sales agreements.

Statute of Frauds: Found in UCC ยง 2-201, requires written contracts for sales of goods over $500. Contract must contain essential terms and be signed by the party to be charged.

State-Specific Contract Laws: Individual state regulations governing contract formation, enforcement, and requirements. Varies by jurisdiction and may include specific state-mandated disclosures or terms.

Consumer Protection Laws: Federal Trade Commission (FTC) regulations and state consumer protection statutes. Includes mandatory disclosures, cooling-off periods, and consumer rights protections.

Property Laws: State laws governing property transfers, including real estate regulations, recording requirements, and title transfer procedures. Critical for real property sales.

Product Liability Laws: Laws governing warranties (express and implied), product safety requirements, and mandatory disclosure of known defects. Protects buyers from defective products.

Tax Considerations: Regulations regarding sales tax, capital gains implications, and state-specific tax requirements that must be addressed in sales agreements.

Environmental Regulations: Laws requiring disclosure of hazardous materials, environmental compliance certificates, and other environmental considerations relevant to the sale.

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

Tooling Agreement

An England & Wales agreement outlining rights and duties for industrial tooling creation, use, and maintenance.

find out more

Residential Tenancy Agreement Standard Form Of Lease

An England & Wales lease agreement establishing an Assured Shorthold Tenancy under the Housing Act 1988.

find out more

Representation Agreement

An England & Wales legal document authorizing a representative to conduct specified business activities on a principal's behalf.

find out more

Provisional Agreement

An England & Wales legal document establishing interim terms during ongoing negotiations for complex transactions.

find out more

Preliminary Agreement

An England & Wales legal document outlining preliminary terms for significant transactions or relationships before detailed negotiations.

find out more

Notary Rent Agreement

An England & Wales rental contract authenticated by a Notary Public for enhanced legal certainty and compliance.

find out more

Model Tenancy Agreement

An England & Wales legal template for residential lettings, detailing landlord-tenant obligations and compliance requirements.

find out more

Lease With Option To Buy

An England & Wales lease agreement offering tenants a future property purchase option with specified terms.

find out more

Lease And Licence Agreement

An England & Wales legal document granting property occupation and usage rights through lease and licence provisions.

find out more

Land Agreement Between Two Parties

An England & Wales legal document transferring land interests and establishing rights between two parties.

find out more

Employer Tuition Reimbursement Agreement

An England & Wales document assessing business continuity risks and strategies for operational resilience and regulatory compliance.

find out more

Contract Agreement Between Two Parties

An England & Wales agreement authorizing freight agents, detailing territory, commissions, and compliance in logistics.

find out more

Common Terms Agreement

An England & Wales contract defining freight agent duties, compensation, and compliance for international logistics operations.

find out more

Buyer Agency Agreement

A legal contract authorizing a real estate agent to represent a buyer in property transactions.

find out more

Subordination Agreement Mortgage

An English law agreement establishing priority ranking between multiple mortgage securities over the same property.

find out more

Statement Of Agreement

A formal document under English and Welsh law recording mutual understanding and agreement between parties regarding specific terms and conditions.

find out more

Rent In Exchange For Services Agreement

An English law agreement establishing terms for rent-free accommodation in exchange for specified services.

find out more

Preliminary Contract

An English law agreement setting out initial terms and conditions between parties before finalizing a detailed contract.

find out more

Catering Contract

A legally binding agreement for catering services under English and Welsh law, establishing terms between food service providers and clients.

find out more

Lease Agreement

An England and Wales-governed agreement between landlord and tenant establishing terms for property rental and occupation.

find out more

Security Agreement Form

An English law document creating security interests over assets to secure obligations owed to a secured party.

find out more

Business Cooperation Agreement

A formal agreement governing business collaboration between parties, regulated under English and Welsh law.

find out more

Terms Of Business Agreement

A legally binding agreement under English and Welsh law that establishes the core terms and conditions for business relationships between commercial entities.

find out more

Consulting Agreement

A legally binding agreement under English and Welsh law that establishes terms for consulting services between a consultant and client.

find out more

Professional Services Retainer Agreement

An English law agreement establishing terms for ongoing professional services delivery between provider and client.

find out more

Head Of Terms Agreement

A preliminary agreement under English and Welsh law outlining key terms and conditions for a proposed business transaction or arrangement.

find out more

Supply Contract Form

A legally binding agreement under English and Welsh law governing the supply of goods or services between parties.

find out more

Business Contract

A legally binding commercial agreement between business entities, governed by English and Welsh law.

find out more

Dispute Resolution Agreement

An English law agreement setting out procedures for resolving disputes between parties through mediation, arbitration, and other resolution methods.

find out more

Umbrella Agreement

A master agreement under English and Welsh law that establishes core terms for multiple future contracts between parties.

find out more

Software Agreement Contract

An English law agreement governing software licensing, usage, and maintenance terms between provider and licensee.

find out more

Professional Services Contract

An English law-governed agreement establishing terms and conditions for professional service delivery between service provider and client.

find out more

Consulting Services Agreement

An England and Wales-governed agreement setting out terms for the provision of professional consulting services between a consultant and client.

find out more

Assignment And Assumption Agreement

A legal document under English and Welsh law that transfers rights and obligations from one party to another, with the receiving party assuming associated responsibilities.

find out more

Yearly Contract Agreement

A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.

find out more

Work For Hire Agreement

A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.

find out more

Work Contract

A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.

find out more

White Label Agreement

A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.

find out more

Website Development Agreement

A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.

find out more

Website Contract

A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.

find out more
See more related templates

Genie’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; Genie’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

2 Docs LeftAccess Now