Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Private Purchase Contract
"I need a Private Purchase Contract for the sale of industrial machinery worth SAR 500,000, with delivery scheduled for March 2025, including warranty terms and an installment payment plan that complies with Sharia law."
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and any registration numbers
2. Background: Context of the transaction and brief description of the parties' intention to enter into a purchase agreement
3. Definitions: Key terms used throughout the agreement, ensuring clarity and consistent interpretation
4. Subject Matter of Sale: Detailed description of the item(s) being sold, including specifications, condition, and quantity
5. Purchase Price: Clear statement of the purchase price, payment terms, and method of payment in compliance with Sharia principles
6. Delivery Terms: Specifications for delivery or collection of the purchased item(s), including timing and location
7. Transfer of Ownership: Terms governing when and how ownership transfers from seller to buyer
8. Warranties and Representations: Seller's warranties regarding the item(s) and both parties' general representations
9. Inspection and Acceptance: Buyer's rights and procedures for inspecting and accepting the purchased item(s)
10. Termination: Circumstances under which the contract may be terminated and the consequences
11. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law
12. Governing Law: Explicit statement that Saudi law and Sharia principles govern the agreement
13. Execution: Signature blocks and execution requirements
1. Condition Precedents: Include when there are specific conditions that must be met before the sale becomes effective
2. Insurance: Include when responsibility for insurance during transit or storage needs to be specified
3. Confidentiality: Include when the transaction involves sensitive information or trade secrets
4. Force Majeure: Include when parties wish to address circumstances beyond their control that might affect performance
5. VAT and Taxation: Include when the transaction is subject to VAT or other tax implications
6. Assignment: Include when parties need to address the ability to transfer rights under the contract
7. Entire Agreement: Include when previous negotiations or agreements need to be superseded
8. Amendments: Include when specific procedures for contract modifications need to be established
1. Schedule 1 - Item Specifications: Detailed technical specifications or descriptions of the purchased items
2. Schedule 2 - Payment Schedule: Breakdown of payment installments and timing if not a single payment
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and logistics if complex delivery arrangements exist
4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions if extensive warranties are provided
5. Appendix A - Required Documents: List of documents required for the transfer of ownership
6. Appendix B - Inspection Criteria: Detailed criteria for inspection and acceptance of goods if complex items are involved
Authors
Retail
Manufacturing
Real Estate
Automotive
Electronics
Furniture and Home Goods
Industrial Equipment
Consumer Goods
Luxury Goods
Construction Materials
Agricultural Products
Medical Equipment
Technology
Machinery
Legal
Procurement
Sales
Commercial
Operations
Supply Chain
Finance
Compliance
Risk Management
Contract Administration
Procurement Manager
Sales Director
Contract Administrator
Legal Counsel
Commercial Manager
Business Development Manager
Operations Manager
Supply Chain Manager
Purchasing Officer
Compliance Officer
Risk Manager
Finance Manager
General Manager
CEO
Managing Director
Find the exact document you need
Private Purchase Contract
A Saudi law-governed contract for private purchase transactions, establishing terms and conditions in compliance with local regulations and Sharia principles.
Legal Sales Agreement
A Saudi Arabian law-governed agreement formalizing the sale and purchase of goods between parties, incorporating both commercial regulations and Sharia principles.
Business Purchase Agreement Form
A Saudi Arabian law-governed agreement for the purchase and sale of a business, including assets and operations.
Agreement Of Purchase And Sale Form
A Saudi Arabia-compliant purchase and sale agreement template that establishes terms for commercial transactions under Sharia law and local regulations.
Commercial Property Purchase And Sale Agreement
A Sharia-compliant commercial property sale and purchase agreement under Saudi Arabian law, documenting terms and conditions for real estate transfer.
Lot Purchase Contract
A Saudi Arabian law-governed agreement for the purchase and sale of land plots, incorporating local property regulations and Shariah principles.
Used Equipment Sale Agreement
A Saudi Arabian law-governed agreement for the sale and purchase of used equipment, incorporating Sharia-compliant terms and local commercial requirements.
Receivables Sale Agreement
A Shariah-compliant agreement under Saudi Arabian law governing the sale and transfer of receivables between parties, including terms of sale, pricing, and collection arrangements.
Commercial Property Purchase Contract
A Saudi Arabian law-governed agreement for the purchase and sale of commercial property, ensuring compliance with Shariah principles and local regulations.
Preliminary Sale Agreement
A Saudi Arabian law-governed preliminary agreement outlining key terms and conditions for a proposed sale transaction, serving as a binding framework before the final sale.
Owner Financed Sales Contract
A Sharia-compliant owner-financed sales agreement under Saudi Arabian law, combining property sale and Islamic financing provisions.
Contract For Buying A House From Owner
A Sharia-compliant residential property purchase agreement between owner and buyer under Saudi Arabian law.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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 拢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.
Read our Privacy Policy.