Escrow

Sales Agreement
Delivery Information

How will the goods be delivered?
Shipped by the seller Picked up by the buyer

Who will be responsible for the shipping costs?
Seller Buyer

Date of delivery

Where should the goods be delivered to?
Buyer's address A different address

Delivery address

City

State

Zip code
Sales Agreement
Risk of Loss

When will the risk of loss of the goods pass to the buyer?
Upon shipment - buyer assumes the risk of loss as soon as the seller ships the goods Upon delivery - buyer assumes the risk of loss only when the seller has delivered the goods
Sales Agreement
Right of Inspection

Does the buyer have the right to inspect the goods before acceptance?
Yes No

How many days after receiving the goods does the buyer have to inspect them?

Payment method
Return the Goods for a Replacement, at Seller's Expense return the Goods at Seller's expense for a credit of the full purchase price on future transactions with Seller return the Goods at Seller's expense for a credit of the full purchase price on future transactions with Seller

What are the goods being sold?

Risk of loss describes which party bears the burden of any damage that may occur to the goods between the time when the sale has been completed and the goods have been delivered. This concept is also known as “FOB” or “free on board”. If the goods are delivered FOB Origin, the buyer bears the risk of loss as soon as the goods are shipped. If the goods are shipped FOB destination, the buyer doesn’t bear the risk of loss until the goods have been delivered to the buyer.

Delivery Information

Risk of Loss

Right of Inspection

What are the goods being sold?