Private Sales Agreement Template for Indonesia

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Key Requirements PROMPT example:

Private Sales Agreement

"I need a Private Sales Agreement under Indonesian law for the sale of industrial manufacturing equipment from PT. Sentosa Manufacturing to PT. Maju Industries, with delivery scheduled for March 2025, including specific warranty terms and maintenance provisions."

Document background
The Private Sales Agreement serves as a fundamental legal instrument in Indonesian commercial transactions, providing a structured framework for both individual and business-to-business sales. This document is essential when parties need to formalize the transfer of goods or property in compliance with Indonesian law, particularly the Civil Code (KUHPer) and Law No. 8 of 1999 on Consumer Protection. It is commonly used for significant purchases where parties require detailed documentation of their rights, obligations, and the specific terms of the sale. The agreement typically includes comprehensive provisions on payment terms, delivery conditions, warranties, and dispute resolution mechanisms, making it suitable for both simple and complex sales transactions. The document's flexibility allows it to be adapted for various types of sales while maintaining compliance with Indonesian legal requirements.
Suggested Sections

1. Parties: Full identification of seller and buyer, including complete legal names, addresses, and any registration numbers for businesses

2. Background: Context of the sale and brief description of the transaction

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

4. Object of Sale: Detailed description of the goods or property being sold, including quantity, specifications, and condition

5. Purchase Price: The agreed price, payment terms, method of payment, and payment schedule

6. Delivery Terms: Timing, location, and method of delivery, including risk transfer points

7. Warranties and Representations: Seller's warranties regarding the goods and both parties' standard representations

8. Rights and Obligations: Detailed responsibilities of both parties before, during, and after the sale

9. Risk and Title: When and how title transfers, and allocation of risk

10. Default and Remedies: What constitutes default and available remedies for both parties

11. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

12. Dispute Resolution: Process for resolving disputes, including choice of forum

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

14. Execution: Signature blocks and execution requirements

Optional Sections

1. Condition Precedents: Conditions that must be met before the sale becomes effective, used when specific requirements must be fulfilled before closing

2. Inspection Rights: Buyer's rights to inspect goods before acceptance, important for complex or high-value goods

3. Insurance: Insurance requirements during transit or storage, relevant for high-value items or long delivery periods

4. Confidentiality: Provisions for keeping transaction details private, important for business-to-business sales

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in current global conditions

6. Assignment: Rights to assign the agreement to other parties, important in business contexts

7. Intellectual Property: IP rights provisions, necessary when the sale involves branded goods or technology

8. After-Sales Service: Terms for maintenance or support after sale, relevant for technical equipment or complex products

Suggested Schedules

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being sold

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

3. Schedule 3 - Delivery Schedule: Detailed delivery timeline and logistics information

4. Schedule 4 - Warranty Terms: Detailed warranty conditions and procedures

5. Appendix A - Product Images: Visual documentation of the goods being sold

6. Appendix B - Required Certifications: Copies of relevant certifications or permits

7. Appendix C - Quality Standards: Applicable quality standards and testing criteria

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

Relevant Industries

Retail

Manufacturing

Real Estate

Consumer Goods

Technology

Automotive

Agriculture

Mining

Construction

Industrial Equipment

Fashion and Apparel

Electronics

Food and Beverage

Professional Services

Relevant Teams

Legal

Sales

Procurement

Commercial

Operations

Compliance

Supply Chain

Business Development

Contract Administration

Risk Management

Relevant Roles

Legal Counsel

Contract Manager

Sales Manager

Procurement Manager

Business Development Manager

Commercial Director

Chief Legal Officer

Compliance Officer

Operations Manager

General Manager

CEO

Managing Director

Supply Chain Manager

Purchasing Officer

Sales Director

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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