Document background
The Sale Agreement Without Possession is specifically designed for transactions under Singapore law where immediate physical transfer of goods is not practical or desired. This contract type is particularly useful in international trade, commodity trading, and situations where goods are in transit or storage. The agreement covers essential elements including title transfer, risk allocation, warranties, and future delivery arrangements, while complying with Singapore's Sale of Goods Act and related commercial legislation. It provides legal certainty for both parties while acknowledging the practical reality of delayed possession.
