Product Sale Agreement

Also known as:

• Sales Contract

• Purchase Agreement

• Agreement for the Sale of Goods

• Sales of Goods Agreement

A Product Sale Agreement is a legally binding contract between a seller and a buyer that outlines the terms and conditions for the sale and purchase of goods. It ensures that both parties are aligned on what is being sold, at what price, and under what terms—helping prevent misunderstandings and legal disputes.

Who Needs a Product Sale Agreement?

• Wholesalers supplying products to retailers or distributors

• Retailers selling bulk or high-value goods to businesses or individual buyers

• E-commerce businesses or online sellers offering custom or large-volume orders

• Buyers who want assurance on the quality, delivery, or return terms of purchased goods

• Importers/exporters involved in cross-border transactions

This Agreement Typically Includes:

• A detailed description of the product(s) being sold

• Purchase price, payment method, and payment schedule

• Delivery terms, shipping method, and who bears the delivery cost

• Warranties or guarantees provided by the seller

• Terms for inspection, acceptance, or return of goods

• Allocation of risk of loss and the point at which ownership transfers

• Clauses covering liability, dispute resolution, and governing law

A clear Product Sale Agreement protects both the buyer and the seller by documenting key terms in writing—especially important in B2B transactions, high-value deals, or cross-border sales.