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Sales Contract Basics

Reviewed by Rocket Lawyer On Call Attorney  Michael Sullivan, Esq

Selling goods or services? Creating a Sales Contract is a great way to make sure everyone understands their legal rights and responsibilities. By outlining the terms of your business arrangement ahead of time, you'll be able to quickly resolve any questions or misunderstandings that come up along the way.

Use the Sales Contract document if:

  • Your business will be selling goods (products) or services to another business.
  • Your business will be purchasing goods (products) or services from another business.
  • You are an individual purchasing services from a business.

A Sales Contract explains the terms of a sale of goods or services between businesses or individuals. This written contract lets both parties know what to expect in the business arrangement. Your Sales Contract should have details like: whether this is a sale of products, goods or services; who's buying and who's selling; when the contract goes into effect; whether the seller or service provider will get a single lump sum or be paid in installments; whether disputes will be solved by arbitration; non-disclosure of confidential information; delivery terms; any warranties by the seller or service provider, and more. If you're buying or selling a product, you'll also want to list descriptions, quantities and unit prices. We'll walk you through the process so that your Sales Contract fits your situation.

Other names for this document: Sales Agreement, Sales Contract Form, Contract for Sale

Sample Sales Contract

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