Buyer Seller Agreement Form Template for Indonesia

A comprehensive legal document governed by Indonesian law that establishes the terms and conditions for the sale and purchase of goods or services between two parties. This agreement outlines crucial elements including product specifications, pricing, payment terms, delivery arrangements, warranties, and dispute resolution mechanisms, all while ensuring compliance with Indonesian commercial law, consumer protection regulations, and relevant sector-specific requirements. The document incorporates provisions from the Indonesian Civil Code and related commercial regulations to create a legally binding framework for business transactions.

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What is a Buyer Seller Agreement Form?

The Buyer Seller Agreement Form is a fundamental legal document used in Indonesian commercial transactions to formalize the relationship between parties engaged in the sale and purchase of goods or services. This document is essential for both business-to-business (B2B) and business-to-consumer (B2C) transactions, providing a clear framework for rights, obligations, and responsibilities under Indonesian law. It incorporates key provisions required by the Indonesian Civil Code, Law No. 8 of 1999 on Consumer Protection, and other relevant commercial regulations. The agreement is designed to protect both parties' interests by clearly defining product specifications, pricing, delivery terms, warranties, and dispute resolution procedures, while ensuring compliance with local legal requirements and business practices.

What sections should be included in a Buyer Seller Agreement Form?

1. Parties: Identification and details of the Buyer and Seller, including registration numbers, addresses, and authorized representatives

2. Background: Context of the agreement and brief description of the transaction purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Agreement: Overview of the products/services being sold and general terms of sale

5. Price and Payment Terms: Purchase price, payment schedule, method of payment, and late payment consequences

6. Delivery Terms: Delivery timeline, method, location, and transfer of risk

7. Quality and Inspection: Product specifications, quality standards, and inspection rights

8. Warranties and Representations: Warranties provided by both parties, including product quality guarantees

9. Title and Risk: Transfer of ownership and risk allocation

10. Term and Termination: Duration of agreement and circumstances for termination

11. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law

12. General Provisions: Standard legal provisions including notices, amendments, and severability

What sections are optional to include in a Buyer Seller Agreement Form?

1. Intellectual Property Rights: Required when the products involve trademarks, patents, or other IP rights

2. Confidentiality: Needed when sensitive information will be shared between parties

3. Force Majeure: Recommended for long-term supply arrangements to address unforeseen circumstances

4. Insurance: Important when dealing with high-value goods or specific risk factors

5. Export/Import Compliance: Required for international transactions

6. Product Return Policy: Necessary for retail or consumer goods transactions

7. Quality Control Procedures: Important for manufacturing or industrial goods

8. After-Sales Service: Relevant for technical products or those requiring maintenance

9. Exclusive Dealing: Optional clause for exclusive distribution or supply arrangements

What schedules should be included in a Buyer Seller Agreement Form?

1. Product Specifications: Detailed technical specifications and requirements of the products

2. Price List: Detailed pricing information, including any volume discounts or special pricing arrangements

3. Delivery Schedule: Specific delivery dates, locations, and requirements

4. Quality Standards: Detailed quality requirements and testing procedures

5. Warranty Terms: Detailed warranty terms and conditions

6. Required Certifications: Copies of required permits, licenses, or certifications

7. Contact Details: List of key contacts and authorized representatives for both parties

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

Jurisdiction

Indonesia

Publisher

Genie AI

Cost

Free to use

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