General templatePersonal transactions

Simple Sale Agreement

A short, plain-language agreement that records what is being sold, the agreed price, how payment is made, and when the item changes hands.

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What this document is

A simple sale agreement is a one-page record of a private sale between two people. It names the seller and the buyer, describes the item, states the price, and confirms how and when payment happens. Most everyday sales are done on trust and a chat message, which works fine until something goes wrong — the buyer claims the phone was faulty, or the seller says the full amount was never paid.

Writing the sale down takes a few minutes and gives both sides the same version of events. If the buyer pays THB 8,500 for a second-hand laptop by bank transfer, the agreement plus the transfer slip together show what was sold, for how much, and that payment was completed. That is usually all the evidence either side will ever need.

When to use it

  • Selling a phone, laptop, tablet, or camera to someone you met through a marketplace app.
  • Selling furniture or an appliance to a neighbor or colleague.
  • Buying a second-hand item from a stranger and wanting written proof of what was promised.
  • Any sale where payment and handover do not happen at the same moment — for example, payment today, pickup at the weekend.
  • Selling to a friend or relative, where a short written record prevents awkward misunderstandings later.

When not to use it

  • Selling a car or motorcycle — use the used car sale agreement or motorcycle sale agreement, which cover registration transfer and vehicle-specific checks.
  • Selling land, a house, or a condominium unit, which involves title transfer at a government office and usually professional help.
  • Selling goods regularly as a business, where consumer protection rules and tax obligations apply.
  • Sales involving a dispute that has already started — at that point, consider getting legal advice before signing anything.

Information you will need

  • Full names and ID or passport numbers of the seller and the buyer
  • Contact details for both sides (phone number and address)
  • A clear description of the item, including brand, model, color, and serial number if it has one
  • The item's condition, including any known faults or cosmetic damage
  • The agreed price in figures and words
  • Payment method and date (cash, bank transfer, PromptPay, GCash, or e-wallet)
  • When and where the item will be handed over
  • Whether the sale is final (sold as-is) or whether any return window applies

Clauses included

Parties

Identifies the seller and the buyer with full names and ID details so there is no doubt who agreed to what.

Item description

Describes exactly what is being sold, including model and serial number, so the agreement cannot be confused with a different item.

Condition and as-is statement

Records the item's condition and known faults, and states whether the buyer accepts it as-is after inspection.

Price

States the full price in both figures and words to prevent later disagreement about the amount.

Payment

Sets out how and when payment is made, and that the seller will confirm receipt in writing or by signing a receipt.

Handover

States when and where the item passes to the buyer, and who bears the risk if it is damaged before handover.

Ownership

Confirms the seller owns the item, that it is not stolen or subject to someone else's claim, and that ownership passes on full payment.

What the guided builder asks

  1. 1
    PartiesWho is providing the money?
  2. 2
    AmountHow much is being provided?
  3. 3
    RepaymentWill it be repaid once or in installments?
  4. 4
    InterestWill interest apply?
  5. 5
    Late paymentWhat happens if a payment is late?
  6. 6
    Additional termsAdditional terms (optional)
  7. 7
    ReviewClauses included
  8. 8
    ExportExport PDF · Export DOCX
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How to sign it

Both parties should sign and date the agreement, ideally at the moment of handover so the signatures, the payment, and the exchange all line up on the same day. Each side keeps a copy — a clear photo of the signed page shared in the same chat you used to arrange the sale works well as a backup.

If payment is by transfer or e-wallet, save the confirmation slip together with the agreement. If it is cash, sign a receipt at the same time. The agreement proves what was promised; the payment record proves the money actually moved. You want both.

A witness is not required for a small sale, but if the item is valuable or the buyer is a stranger, having a third person present at handover adds a layer of comfort for everyone.

Common mistakes

  • Describing the item vaguely ('one laptop') instead of recording the model and serial number.
  • Not writing down known faults, which invites a 'you sold me a broken item' dispute later.
  • Accepting cash without signing a receipt at the same moment.
  • Leaving the handover date open when payment has already been made.
  • Agreeing changes by voice after signing — put any change in writing, even a short signed note.

Frequently asked questions

Do I really need a written agreement for a small private sale?

You are not usually required to have one, but it is the cheapest insurance available. A verbal sale is hard to prove if the other person later disputes the price, the condition, or whether payment was complete. A one-page signed record removes most of that risk.

Is a sale agreement written on paper by hand valid?

A handwritten agreement signed by both parties is generally treated the same as a typed one in most countries. What matters is that it clearly identifies the parties, the item, and the price, and that both people signed it. Typed versions are simply easier to read and store.

What does 'sold as-is' actually mean?

It means the buyer accepts the item in its current condition, including faults, after having the chance to inspect it. It protects the seller from later complaints about wear or defects that were visible or disclosed. It does not protect a seller who deliberately hid a serious problem.

The buyer wants to pay in two parts. Can this template handle that?

Yes — record both payment dates and amounts, and state that ownership passes only when the final payment is received. For longer payment plans, an installment payment agreement is the better fit because it deals with missed payments properly.

What evidence should I keep after the sale?

Keep the signed agreement, the payment record (transfer slip, e-wallet confirmation, or signed cash receipt), and the chat messages where the sale was arranged. Photos of the item taken at handover are also worth keeping for a few months.

Can I use this agreement to sell to someone in another country?

You can, but cross-border sales add shipping, customs, and payment risks this short template does not address. For anything valuable, get payment confirmed before shipping and consider a more detailed contract.