tiktok³ÉÈ˰æ

Buyer And Seller Agreement Contract Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Buyer And Seller Agreement Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Buyer And Seller Agreement Contract

"I need a Buyer and Seller Agreement Contract for the sale of manufacturing equipment from my Malaysian company to a Singapore-based buyer, with delivery scheduled for March 2025 and including specific warranty terms for industrial machinery."

Document background
The Buyer And Seller Agreement Contract is a fundamental commercial document used in Malaysian business transactions to formalize the sale and purchase of goods or services. This agreement is essential when parties need to clearly document their rights, obligations, and the terms of their transaction while ensuring compliance with Malaysian law, including the Contracts Act 1950, Sale of Goods Act 1957, and Consumer Protection Act 1999. It provides crucial protection for both parties by clearly defining payment terms, delivery conditions, quality standards, warranties, and remedies for breach. The document is particularly important for significant transactions, cross-border trade, or when dealing with regulated goods, as it helps prevent disputes and provides clear recourse if issues arise. The agreement can be customized to accommodate various transaction types, from simple one-time purchases to complex ongoing supply arrangements.
Suggested Sections

1. Parties: Identification and details of the Buyer and Seller, including registration numbers for companies or ID numbers for individuals

2. Background: Context of the transaction and relationship between the parties

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

4. Subject Matter of Sale: Detailed description of the goods or property being sold

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

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

7. Warranties and Representations: Warranties about the goods' condition, quality, and title

8. Seller's Obligations: Key responsibilities and commitments of the seller

9. Buyer's Obligations: Key responsibilities and commitments of the buyer

10. Title and Risk: When and how title and risk pass from seller to buyer

11. Default and Remedies: Consequences of breach and available remedies

12. Termination: Circumstances under which the agreement can be terminated

13. Governing Law: Specification of Malaysian law as governing law

14. Dispute Resolution: Process for resolving disputes between parties

Optional Sections

1. Inspection Rights: Used when buyer requires right to inspect goods before acceptance

2. Intellectual Property: Required when the sale involves IP rights or licenses

3. Confidentiality: Important when sensitive information is shared during the transaction

4. Insurance: Needed when specific insurance requirements apply to the goods

5. Export/Import Requirements: Required for international sales or restricted goods

6. Force Majeure: Protection against unforeseen circumstances preventing performance

7. Assignment: Used when transfer of rights needs to be restricted or permitted

8. Third Party Rights: Required when third parties may have rights under the contract

9. Change of Control: Important for long-term agreements where ownership changes may affect the contract

10. Halal Compliance: Required when dealing with food or other products requiring Halal certification

Suggested Schedules

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

2. Schedule 2 - Price List: Detailed breakdown of prices for multiple items or components

3. Schedule 3 - Delivery Schedule: Timing and logistics for multiple deliveries or phases

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

5. Schedule 5 - Warranty Terms: Detailed warranty conditions and claim procedures

6. Appendix A - Required Certificates: Copies of necessary certifications (e.g., Halal, safety)

7. Appendix B - Form of Notice: Template for formal notices between parties

8. Appendix C - Acceptance Protocol: Procedures for accepting delivered goods

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



























Clauses




























Relevant Industries

Retail

Manufacturing

Wholesale Trade

Agriculture

Electronics

Automotive

Consumer Goods

Industrial Equipment

Food and Beverage

Textiles

Construction Materials

Medical Supplies

Technology

Raw Materials

Commodities

Relevant Teams

Legal

Procurement

Sales

Commercial

Supply Chain

Operations

Finance

Compliance

Import/Export

Trading

Business Development

Relevant Roles

Procurement Manager

Sales Manager

Legal Counsel

Contract Manager

Commercial Director

Supply Chain Manager

Purchasing Officer

Sales Director

Business Development Manager

Operations Manager

Chief Financial Officer

Compliance Officer

Import/Export Manager

Trading Manager

General Manager

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

Find the exact document you need

Home Buyer Seller Agreement Form

A Malaysian law-governed agreement that documents the terms and conditions for the sale and purchase of residential property.

find out more

Sale Of Personal Goodwill Agreement

A Malaysian law-governed agreement for transferring personal goodwill, including individual reputation and client relationships, from a business owner to a purchaser.

find out more

Hotel Purchase Agreement

A legal agreement governing hotel property sales in Malaysia, combining property transfer and hospitality operational requirements under Malaysian law.

find out more

Buyer And Seller Agreement Contract

A Malaysian law-governed agreement establishing terms and conditions between buyer and seller for the sale and purchase of goods or services.

find out more

Asset Purchase Agreement Installment Payments

A Malaysian law-governed agreement for asset purchase with structured installment payments, detailing sale terms and payment conditions.

find out more

Mortgage Sales Agreement

A Malaysian law-governed agreement combining property sale terms with mortgage financing arrangements, detailing property transfer and financing conditions.

find out more

Receivables Sale Agreement

Malaysian law-governed agreement for the sale and transfer of receivables, setting out terms, conditions, and obligations of the seller and purchaser.

find out more

Pre Sale Purchase Agreement

A Malaysian law-governed agreement for the purchase of property before completion, detailing construction, payment terms, and delivery obligations under local housing development regulations.

find out more

Agreement For Sale Of Machinery

A Malaysian law-governed agreement establishing terms and conditions for the sale and purchase of industrial or commercial machinery, including specifications, warranties, and compliance requirements.

find out more

Buy Sell Life Insurance Agreement

A Malaysian law-governed agreement combining life insurance with business succession planning to facilitate the transfer of business interests upon specific triggering events.

find out more

Letter Of Intent To Sell House

A preliminary document used in Malaysian property transactions outlining the intended terms and conditions for a house sale.

find out more

Form For Real Estate Purchase Agreement

A standardized agreement for real estate purchases in Malaysia, ensuring compliance with Malaysian property laws while protecting both parties' interests.

find out more

Owner Financed Sales Contract

A Malaysian law-governed agreement combining property sale and seller financing arrangements, detailing property transfer and payment terms with seller as financier.

find out more

Real Estate Sales Agreement

A Malaysian law-governed agreement for the sale and purchase of real estate property, detailing terms, conditions, and obligations of the transaction.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.