… you are buying one or several goods from a person or a business
… you want to document the transaction and safeguard your rights
Under a purchase agreement (or sales agreement or purchase contract), a seller transfers the ownership of goods to a buyer against the payment of a purchase price.
A purchase agreement can be used to document the sale of nearly any kind of goods. The document underlying the sale of a property or real estate needs to be notarized and is subject to a variety of form requirements, depending on the Canton where the property is located.
A purchase agreement includes the basic arrangements such as the price or what good is being sold. However, the parties often want to include additional protections. For instance, the buyer usually wants the seller to confirm in writing that it will be liable for any defects of the goods. If the warranty extends beyond the legal minimum, this must be stated in writing.
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