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Buyer Seller Agreement Form Template for England and Wales

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Key Requirements PROMPT example:

Buyer Seller Agreement Form

"I need a Buyer Seller Agreement Form for my technology company to sell custom software solutions to enterprise clients in England, with specific provisions for source code escrow and ongoing maintenance services starting from March 2025."

Document background
The Buyer Seller Agreement Form is a fundamental commercial contract used to document and formalize sales transactions under English and Welsh law. This agreement is essential when parties need to clearly define their rights and obligations in a sale, whether for goods or services. It provides protection for both buyers and sellers by establishing clear terms for payment, delivery, quality standards, and dispute resolution. The document is particularly important for significant transactions or ongoing commercial relationships where detailed terms need to be documented and agreed upon.
Suggested Sections

1. Parties: Identification and details of the buyer and seller

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Sale and Purchase: Core terms of the transaction including price and goods/services

5. Payment Terms: Payment schedule, method, and related conditions

6. Delivery: Delivery terms, timing, and logistics

7. Warranties: Guarantees and representations about the goods/services

8. Limitation of Liability: Limits on parties' liability and exclusions

9. Term and Termination: Duration of agreement and termination provisions

10. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction

Optional Sections

1. International Shipping: Additional terms for cross-border transactions including shipping, customs, and import/export requirements

2. Intellectual Property: Rights and restrictions regarding intellectual property in the goods/services

3. Insurance: Insurance requirements and responsibilities for high-value or risk transactions

4. Data Protection: Compliance with UK GDPR and Data Protection Act 2018 requirements

5. Force Majeure: Provisions for unforeseen circumstances preventing contract performance

Suggested Schedules

1. Schedule 1 - Product Specification: Detailed description of goods/services being sold including technical specifications

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, payment terms, and any volume discounts

3. Schedule 3 - Delivery Schedule: Detailed delivery timeline, locations, and specific requirements

4. Schedule 4 - Quality Standards: Specific quality requirements, standards, and testing procedures

5. Schedule 5 - Service Level Agreement: Performance metrics and service levels if applicable to the goods/services

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
























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Industries

Sale of Goods Act 1979: Primary legislation governing contracts for the sale of goods, defining rights and duties of buyers and sellers, including terms about title, description, quality and fitness for purpose

Consumer Rights Act 2015: Key legislation protecting consumer rights in the UK, applying when one party is a consumer, covering quality standards, fitness for purpose, and remedies for breach

Supply of Goods and Services Act 1982: Legislation governing contracts that involve both goods and services, establishing implied terms about quality and fitness for purpose

Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, determining which terms may be unfair or void

Contracts (Rights of Third Parties) Act 1999: Allows third parties to enforce terms of contracts in certain circumstances, modifying the doctrine of privity of contract

Electronic Commerce (EC Directive) Regulations 2002: Regulates electronic commerce and online trading, including requirements for information provision and electronic contracting

Consumer Contracts Regulations 2013: Governs distance selling and off-premises contracts, including cancellation rights and information requirements

UK General Data Protection Regulation: Post-Brexit data protection legislation controlling how personal data is processed and stored in the UK

Data Protection Act 2018: Implements and supplements the UK GDPR, setting out the data protection framework in the UK

Consumer Protection from Unfair Trading Regulations 2008: Prohibits unfair commercial practices between traders and consumers, including misleading actions and aggressive practices

Misrepresentation Act 1967: Provides remedies for false statements made during contract formation that induce parties to enter into contracts

Limitation Act 1980: Sets time limits for bringing legal actions relating to contractual disputes and breaches

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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