Briefly about the preliminary contract of sale
The culture of contract law among Ukrainians has been dynamically changing over the years. In particular, over the past 5 years, the number of previous agreements concluded has significantly increased.
Indeed, lawyers often advise entering into preliminary transactions, especially in matters of sale and purchase. This is due to a large number of factors and, first of all, additional guarantees for both the buyer and the seller.
Our experts also recommend paying attention to the possibility of protecting yourself from fraud, unforeseen changes in the sale and purchase agreements and concluding a preliminary sale and purchase agreement!
If it is necessary to draw up an individual preliminary sale and purchase agreement, we recommend using the legal services of the Consultant to order a turnkey document.
In what cases is a preliminary sale and purchase agreement concluded?
A preliminary agreement is a contract, the parties of which undertake to conclude an agreement in the future (main agreement) within a certain period (on time) on the terms established by the preliminary agreement.
In fact, the parties agree that within a certain period they will conclude the main agreement, the subject of which is agreed in the previous agreement.
Thus, the parties protect themselves from the possible risks associated with the fact that the seller may find another buyer, and the buyer - another product or object for purchase.
Sometimes this may be due to the fact that the buyer may not have enough money before the purchase, and in a verbal agreement he asks to conclude such a preliminary agreement so that at the time of the conclusion of the main agreement, the buyer can collect the necessary amount and be convinced that this is of little use.
The structure of the treaty is indeed complex. That is why the practice of lawyers is very often filled with support for the conclusion of such agreements. Indeed, it is not so easy to deal with all the provisions and legislative norms on your own.
Essential conditions of the preliminary purchase and sale transaction
Based on the provisions of the Civil Code, the essential terms of the contract are:
conditions on the subject of the contract;
conditions defined by law as essential;
conditions required for contracts of this type;
all those conditions under which, at the request of at least one of the parties, an agreement must be reached.
First of all, it is necessary to determine the subject of the main contract (the nature and types of work or services provided, the property that will be alienated, etc.).
At the same time, the previous transaction has a relatively arbitrary form, that is, it can actually contain a very large number of very different norms. That is why such an agreement is actively gaining popularity among Ukrainians.
Sales contract template
The best specialists in the field of contract law are already ready to provide appropriate advice! We offer high quality services with comfortable service.
Purchasing a pre-sales agreement template just got a whole lot easier! You can upload a document in a few simple steps:
Download the mobile application "Consultant";
After a short registration, you can find the required document in the "Documents" section;
By clicking the "Buy Template" button, you will immediately receive a link to download the document.
