Party 1 Full Name (Four-part): National ID: Nationality: Address: Phone: Email: | Party 2 Full Name P2: National Id P2: Nationality P2: Address P2: Phone P2: Email P2: |
This contract is made between the two parties whose details are fully stated in the attached contracting form, referred to herein as "the First Party" (the Seller) and "the Second Party" (the Buyer), collectively referred to as "the Parties". By this instrument (the contract), the First Party (the Seller) acknowledges that he has sold and transferred the ownership and possession of the movable property specified in this instrument to the Second Party (the Buyer). The Buyer acknowledges that he has purchased this movable property and has physically received it, examined it personally, accepted it in its current condition, and paid its price in cash immediately (or via a certified bank check / instant bank transfer) without any reservation or condition. After this delivery, he has no right to claim against the Seller any demands, compensation, or contract termination, except in the case of fraud or intentional deceit by the Seller. This instrument aims to legally document the immediate sale clearly and definitively, and to resolve any future disputes regarding the occurrence of the sale transaction, the condition of the goods at the time of delivery, or the receipt of the price, exempting the Seller from any guarantees exceeding the apparent condition of the goods at the time of sale, in accordance with the provisions of the Egyptian Civil Code and the rulings of the Court of Cassation regarding immediate cash sales, and the parties have agreed as follows:
Article (1) Definitions of the Instrument
1- The terms and phrases herein - wherever they appear in this instrument - shall have the meanings set forth alongside each, unless the context requires otherwise:
2- Instrument / Contract: this agreement (immediate cash sale instrument) in its entirety.
3- Seller: the First Party, who is the legal owner of the movable property subject to sale (or his authorized agent), who sells and delivers it immediately.
4- Buyer: the Second Party, who is the natural or legal person purchasing the movable property, receiving it physically, and paying the price immediately.
5- Movables (Goods): the tangible movable items (devices, equipment, car, furniture, goods, or any other movable) specified in Article (2) of this instrument.
6- Actual Delivery: the physical transfer of possession of the movables from the Seller to the Buyer immediately (meaning taking possession or handing over keys or documents indicating possession).
7- Immediate Cash Price: the monetary amount paid by the Buyer to the Seller in cash (cash) or via a certified bank check (crossed) or through instant bank transfer to the Seller's account, at the same time of signing and delivery.
8- Acknowledgment of Inspection: the Buyer's acknowledgment that he has seen the movables with his own eyes, inspected them, and viewed their actual condition before entering into this instrument.
9- Sale As-Is: means that the movables are sold in their current condition at the time of inspection and delivery, including any apparent or hidden defects, and that the Seller does not guarantee their suitability or efficiency after delivery, except in cases of intentional fraud.
Article (2) Movables Subject to Sale (Description and Delivery)
1- First: Description of the Movables:
2- The parties acknowledge that the Seller has sold to the Buyer, and the Buyer has purchased from the Seller, the following movables:
3- Type of Movable / Model / Serial Number:
4- Quantity:
5- Country of Origin (if available):
6- Condition of the Movables at the Time of Sale (As Is):
7- Attached Accessories (if any):
8- Actual Delivery Location:
9- Second: Actual Delivery (Transfer of Possession):
10- The Buyer acknowledges that he has received the aforementioned movables physically and possessively, at the place and time stated in this instrument, has taken possession of them, received their keys (if available), and has become their lawful and possessory owner as of the date of this instrument.
Article (3) Immediate Cash Price and Payment Method
1- First: Total Price:
2- The total price of the movables subject to sale (in their current condition) amounts to ( ), and this price has been agreed upon after inspection and examination, and is a final price that is not subject to increase or decrease.
3- Second: Payment Method (Immediate Cash):
4-
5- Third: Seller’s Acknowledgment of Receipt of Price:
6- The Seller acknowledges that he has received from the Buyer an amount of in cash (or by check/transfer), and that he has received it completely, and the Buyer is entirely absolved from this debt, and the Seller has no right to claim any additional amounts or compensations related to this sale after this instrument.
Article (4) Acknowledgment of Buyer’s Inspection and Examination (Sale As-Is)
1- Acknowledgment of Prior Inspection: The Buyer acknowledges by signing this instrument that he has personally (or through a representative) inspected the movables subject to sale thoroughly, opened them, operated them (if possible), examined all their parts and components, and has viewed their actual condition, along with all apparent and declared defects in them.
2- Sale As-Is (No Guarantee): The Buyer acknowledges that he agrees to purchase the movables in their current condition as of the time of delivery, along with any apparent or hidden defects, and that he relies on no declarations or promises from the Seller other than what is written in this instrument.