Free Sales Agreement Template
Thinking of selling goods and seeking a hassle-free process? Take advantage of our Sale Agreement template to easily draft your document to set clear terms and formalize a valid transaction.
Templates created by legal professionals
Customize your documents quickly & easily
24/7 free phone & email customer support
What Is a Sales Agreement
For any transaction, clarity is critical, and a Sales Agreement form is a legal contract that lays out clear terms and conditions of your purchase or sale, ensuring there is no miscommunication.
This agreement may go by other titles, such as:
Sale of Goods Contract
Agreement to Sell Goods
Contract for Sale of Goods
Both buyers and sellers can create a Sales Agreement to agree on terms with both individuals or businesses
It provides written proof that you agreed to the sale or purchase of goods and/or services with another party. This can help you ensure that the transaction is carried out as it is considered a legally binding contract.
Ensure your contract not only defines your terms but also protects your interests with our Sales Agreement template.
Types of Goods for Sale
There are several goods or services that you can buy or sell with a Sales Agreement.
Services: Tasks completed by one party for another in return for payment. Unlike physical items, services are experienced and not owned. Examples include carrying out repairs or cleaning.
Goods: Tangible items that can be bought or sold. Unlike services, they are physical objects you can touch, such as clothes, electronics, or food.
Goods and services: Items that you purchase and any accompanying service. For example, purchasing a hot tub and having it set up in your backyard.
Your Purchase and Sales Agreement can be used to specify exactly what is being purchased and if there needs to be any accompanying service to install or prepare it.
When to Use a Sales Agreement
Sales Agreements should be used when making a transaction of goods or services with another party, whether it is an individual or business.
Specifically, they should be used when carrying out either of the following:
By using this form you can ensure that the following information is clear:
Each party’s information
Price and payment method
Sale and purchase details
It should also include warranty information, ensuring that whenever you decide to make your transaction it will be done securely, and avoid misunderstandings.
How to Write a Sales Agreement
Just like drafting any other legal document, it’s essential to correctly lay out all the necessary information, or it may not be considered to be valid.
Follow the steps below to draft your agreement:
Add party information: Include your name and address along with the name and address of the other party.
Describe the good and/or service: Specify what is being purchased by the buyer, how much of it is being purchased, and if there is a service involved, explain exactly what the service is and how it will be done.
State the price: List how much the goods and/or services will cost with sales tax included.
Mention the payment and delivery method: Describe how the goods and/or services will be paid for and how they will be delivered.
Include warranties: Add warranty information that mentions the seller does not claim any responsibility for what is done with the goods after they are sold, and that the buyer has been allowed to inspect the goods.
Add cancellation terms: List the terms for canceling the contract if certain conditions are met.
Include the general provisions: Clarify how the contract is structured, the responsibilities of each party, and how the agreement will be enforced.
Leave space for signatures: Provide a space for both parties and any witnesses to sign and date the contract.
To avoid any mistakes when drafting your document, use our Sales Agreement contract template to quickly create an error-free document.
What Law Governs a Sale Agreement of Goods
In the U.S., each state's sales laws typically govern the trade of goods. All states, except for Louisiana, have embraced the Uniform Commercial Code's Article Two (§ 2-101), which oversees every aspect of goods sales.
This code offers remedies for potential transaction issues, including contract cancellations due to unreasonable terms, warranties of merchantability, and fitness.
Such provisions protect both sellers and buyers from deceptive practices and unjust agreements.
Notably, transactions exceeding $500 must be documented in writing under Article 2.
Louisiana, however, follows its distinct civil code for goods sales, diverging from the UCC's Article 2.
Sample Sales Agreement
Crafting a Sales Agreement isn’t always straightforward. That’s why you should look at a Sales Agreement sample doc before writing your own.
Check out the example below to fully understand how to draft your document
Other Financial Documents
There are similar documents that you can use to make a hassle-free transaction as well as protect your financial interests.
Take a look at the following documents which can help you when making a purchase or sale.
LawDistrict has many financial templates available that can be used for various situations as well.
FAQs About Sales Contracts
It’s essential to gather all the important information possible before writing the terms and conditions of your Sales Agreement.
To better understand what you need to do and look out for, we have responded to some of the most common questions below.
What Are Examples of Specific Goods?
Different forms of products can be bought and sold. Various categories of goods can be listed on the contract, such as:
Unascertained goods: Products that are named but don’t provide specific details, such as their model.
Specific goods: Products mentioned in the agreement when the transaction has been completed.
Goods that have not yet been constructed or manufactured at the time of the transaction may also be purchased.
How Do I Get a Sales Agreement?
Most people who want to use a Sales Agreement go to a lawyer. They can draft the legal document on your behalf. However, this option can lead to a lengthy and possibly extremely expensive process.
Instead, you can easily create your own Sales Agreement document by using our template which allows you to fill in all the necessary information in minutes.
What Makes a Sales Agreement Valid?
For a Sales Agreement to be considered valid, it must meet a few different criteria.
It requires an offer and acceptance, establishing mutual intent to form a contract. Both parties must exchange something of value, and you and the other party must be of legal age and sound mind.
Both parties should enter without undue influence or misrepresentation. Then the document must be signed by both parties and witnesses if required by your state’s law.
You are only a few steps away from your own Sales Agreement Template!