Household Furniture Sale Agreement template

Household Furniture Sale Agreement Template Compliant with the Laws of the Kingdom of Saudi Arabia

On this day ........, corresponding to / / AH, corresponding to / / AD, in the city of ........, it has been agreed, with the help of God Almighty, between: First Party (Seller): Mr/Ms ........................, Nationality: ........, National ID/Iqama No. (..............), National Address: ........................, Mobile: ............, Email: ............, hereinafter referred to as the “Seller”. Second Party (Buyer): Mr/Ms ........................, Nationality: ........, National ID/Iqama No. (..............), National Address: ........................, Mobile: ............, Email: ............, hereinafter referred to as the “Buyer”. The two parties, having full legal capacity under Sharia and the law, have agreed as follows: Clause One: Subject of the Contract The Seller has sold to the Buyer, who accepts, all the furniture and household contents listed in the inventory of contents attached to this contract and signed by both parties, located in the residence at: City ........, District ........, Street ........, Unit No. (........). The inventory forms an integral part of this contract. Clause Two: Declaration of Ownership The Seller declares and warrants that he is the sole owner of all the items sold, that they are not pledged or attached, and that they are not the subject of any dispute or third-party right, and he bears full legal responsibility for the accuracy of this declaration. Clause Three: Inspection The Buyer acknowledges that he has inspected the items sold fully and sufficiently to remove any uncertainty under Sharia, and has accepted them in their current condition as described in the inventory of contents. He may not make any claim against the Seller for an apparent defect that he could have seen at the time of inspection. Clause Four: Price and Method of Payment

• Total agreed price: (..............) Saudi riyals only.
• Method of payment: (cash on signing / bank transfer to IBAN: SA.............................. / instalments as follows: ........................).
• The Seller’s signature on this contract constitutes acknowledgement of receipt of the amount paid on signing, being (..............) Saudi riyals.
• If the Seller is an establishment registered for value added tax (VAT), it shall be specified whether or not the price includes the tax: (inclusive / exclusive). This paragraph does not apply to sales between individuals.

Clause Five: Delivery and Removal of the Items

• The Seller shall allow the Buyer to enter the residence to remove the items sold within a period not exceeding (........) days from the date of this contract, at times agreed between the two parties.
• The Buyer shall remove the items at his own expense and responsibility, and shall alone bear the consequences of any damage to them during removal.
• The Buyer undertakes to take the necessary precautions to prevent damage to the residence during removal (walls, doors, floors, lifts), and shall be liable to the Seller for repairing any damage he causes.
• If the Buyer delays removal beyond the specified period without acceptable excuse, the Seller may claim compensation from him of (..............) Saudi riyals for each day of delay, or remove and store the items at the Buyer’s expense.
• On completion of removal, a handover record signed by both parties shall be drawn up confirming the Buyer’s receipt of all the items listed in the inventory.

Clause Six: Expenses The Buyer shall bear the costs of transport and packing and any fees arising from the performance of this contract, unless otherwise agreed in writing. Clause Seven: General Provisions

• This contract and its interpretation are governed by the laws of the Kingdom of Saudi Arabia, in particular the Civil Transactions Law.
• Disputes shall be settled amicably; failing that, the competent court in the Kingdom of Saudi Arabia shall have jurisdiction.
• The national address and email recorded above are adopted as the chosen address for serving notices.
• This contract has been executed in two signed copies, one held by each party to act upon.

Signatures: Seller: Name: ........................ Signature: ................ Date: / / AH Buyer: Name: ........................ Signature: ................ Date: / / AH

Annex: Inventory of Items Sold

This inventory shall be completed and signed by both parties and attached to both copies of the contract.

No.	Room	Item	Quantity	Condition	Notes
1	Bedroom	Bed / wardrobe / dressing table	....	....	....
2	Living room	Sofas / table / television	....	....	....
3	Majlis (sitting room)	....	....	....	....
4	Kitchen	Refrigerator / oven / washing machine	....	....	....
5	General	Air conditioners / carpets	....	....	....
6	....	....	....	....	....

Seller: ............................    Buyer: ............................