International sale contracts refer to contracts for the sale of goods involving sea transit and various forms of contractual documents common in the import and export trades.
Typically, a sales contract offers more details about the terms of the transaction than a bill of sale. It includes things like warranty information and delivery arrangements, and is drafted before any goods are exchanged.
Some common types of international contracts include sales agreements, distribution agreements, licensing agreements, joint venture agreements, and employment contracts.
Top ten tips in drafting and negotiating an international contract Avoiding retaliation claims. The language of the contract. Clear contract prose. Common law versus civil law. Jurisdictional issues. Terms of art. Personnel. In negotiations, expect the unexpected.
So, the names and addresses of the buyer and seller, as well as the date of the agreement. Description of goods or services sold. Clearly describe what the customer is buying, including quantity, brand, model, specifications, and any other relevant details. Descriptions of warranties or guarantees.
In an international business contract, it's essential to define the jurisdiction that will govern the contract and the laws that will apply in the event of a dispute. Your dispute resolution section should also detail the agreed-upon dispute resolution mechanism.
"Agreement to Sell" is a contractual document where the seller has committed to sell the property to the buyer at a future date upon fulfilling specific conditions.
Top ten tips in drafting and negotiating an international contract Avoiding retaliation claims. The language of the contract. Clear contract prose. Common law versus civil law. Jurisdictional issues. Terms of art. Personnel. In negotiations, expect the unexpected.