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1. Parties: Identification and details of the seller and buyer
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Key terms used throughout the agreement
4. Subject Matter of Sale: Clear identification and description of the goods being sold
5. 'As Is' Condition: Express statement that goods are sold 'as is' with no warranties or representations
6. Purchase Price: Amount, payment terms, and method of payment
7. Delivery: Terms and conditions of delivery, including timing and location
8. Risk and Title: Transfer of risk and ownership of the goods
9. Inspection: Buyer's acknowledgment of inspection and acceptance of current condition
10. Disclaimer of Warranties: Comprehensive disclaimer of express and implied warranties
11. Limitation of Liability: Limitations on seller's liability post-sale
12. Governing Law: Specification of Malaysian law as governing law
13. Dispute Resolution: Process for resolving disputes between parties
14. Entire Agreement: Statement that the contract represents the complete agreement between parties
1. Intellectual Property Rights: Required when the sale involves goods with associated intellectual property
2. Export/Import Compliance: Necessary for international sales or restricted goods
3. Insurance: Required when specific insurance arrangements are needed during transit or transfer
4. Confidentiality: Important when the transaction involves sensitive information or trade secrets
5. Force Majeure: Optional protection against unforeseen circumstances affecting delivery or performance
6. Assignment: Include if either party needs the right to assign the contract
7. Third Party Rights: Required when third party interests need to be addressed or excluded
1. Schedule 1 - Description of Goods: Detailed description of goods including condition, specifications, and known defects
2. Schedule 2 - Price and Payment Terms: Detailed breakdown of price, payment schedule, and any conditional payments
3. Schedule 3 - Delivery Schedule: Specific delivery terms, locations, and timelines
4. Schedule 4 - Known Defects and Conditions: Comprehensive list of known issues, wear and tear, or defects
5. Appendix A - Inspection Report: Third-party or seller's inspection report documenting current condition
6. Appendix B - Photographs: Visual documentation of the goods' current condition
7. Appendix C - Historical Records: Maintenance records, previous repairs, or relevant history of the goods
Business Day
Completion Date
Condition
Consideration
Defects
Delivery Date
Delivery Location
Effective Date
Goods
Governing Law
Identity Card
Inspection Report
Known Defects
Losses
Party
Parties
Purchase Price
Ringgit Malaysia
Sale
Seller Documentation
Specifications
Tax
Title
Transfer Date
Warranties
Sale and Purchase
Condition of Goods
As Is Provision
Price and Payment
Delivery
Title Transfer
Risk Transfer
Inspection
Warranty Disclaimer
Limitation of Liability
Representations
Force Majeure
Tax Obligations
Governing Law
Dispute Resolution
Entire Agreement
Assignment
Notices
Severability
Counterparts
Third Party Rights
Further Assurance
Waiver
Costs
Manufacturing
Automotive
Industrial Equipment
Real Estate
Construction
Agriculture
Technology
Retail
Mining
Marine
Aviation
Machinery and Equipment
Used Goods and Salvage
Asset Management
Legal
Procurement
Sales
Operations
Risk Management
Compliance
Asset Management
Commercial Operations
Business Development
Property Management
Contract Administration
Procurement Manager
Sales Manager
Legal Counsel
Contract Administrator
Business Development Manager
Asset Manager
Operations Director
Commercial Manager
Risk Manager
Compliance Officer
Property Manager
Fleet Manager
Equipment Manager
Disposal Specialist
Auction Manager
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