What is the statutory warranty period?

For consumers it is 24 months under EU law. For B2B transactions it is as agreed in the contract; otherwise statutory rules on defective performance apply.

Is a written purchase agreement required for every sale?

No — a verbal agreement is valid for low-value moveable goods. For higher-value items, real property or company shares, written form is required or strongly recommended.

Can I return goods under a B2B contract?

The right to return goods in a B2B sale depends on the contract terms — the law does not grant it automatically (unlike consumer contracts).

How to handle a sale with reservation of title?

A reservation of title allows the seller to remain the owner of the goods until the price is fully paid. It protects the seller against buyer insolvency.

Commercial

Purchase agreement

Purchase agreement — buy and sell without risk

For the sale of moveable property, company shares and digital assets.

Start free Features

GDPR compliant · EU-hosted

Contract Templates Barter / Exchange Agreement All templates

Disputes from purchase agreements without written form last on average 2× longer

72 % of B2B goods disputes arise from an unclear definition of the subject matter

A digital purchase agreement with an electronic signature is concluded 4× faster

A purchase agreement covers the subject, price, handover, warranty and transfer of ownership. AI generates it for B2B and B2C transactions including electronic goods and software licences.

Legal context

Purchase agreements are governed by commercial and civil codes. In the EU, B2C sales are subject to the Sale of Goods Directive (2019/771/EU) with mandatory 2-year warranty rights. B2B sales are governed by freedom of contract.

Commercial Code §§ 409–470 (B2B); Civil Code §§ 588–600 (B2C); Sale of Goods Directive 2019/771/EU (2-year warranty)

Legal basis & glossary

When to use a Purchase agreement

When selling equipment, a vehicle or other moveable property
When selling a company share or business
When purchasing software licences or digital assets
For B2C sales with specific statutory warranty obligations

What you get

Subject and purchase price
Handover and acceptance
Warranty and claims
Transfer of ownership and risk

How it works

From idea to signature

Subject and purchase price

Handover and acceptance

Warranty and claims

FAQ

Frequently asked questions about Purchase agreement

Ownership transfers upon delivery of the goods, unless the contract states otherwise. For real property, registration in the land register is required.