Purchase Agreement

Delivery of Documents with Goods: What the Seller Must Provide

Print Imagine buying a car but not receiving the registration certificate. Or purchasing a machine without a manual and warranty card. Without the right documents, you often can’t even use the item, register it, or exercise your rights. That’s why the Civil Code makes it clear: the subject of the purchase includes not only the […]

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Price Escalation Clauses in Material Supply Contracts: When and How to Use Them

Print Imagine a construction company signing a long-term contract for steel supplies. Raw material prices skyrocket, and the supplier risks losing millions if they stick to the original price. The buyer, however, insists on paying only what was agreed. The solution to such disputes may be a price escalation clause – a contractual mechanism that

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Purchase on Approval of Real Estate – How the One-Year Trial Works

Print Imagine buying a family house for several million. You worry that once you move in, problems may appear – poor heating, damp walls, or an inconvenient layout. The Czech Civil Code recognizes purchase on approval, which also applies to real estate. The buyer may use the property for a certain period and only then

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Purchase Price and Installment Schedules for Machinery

Print An entrepreneur ordered a CNC machining center. Contract value: CZK 8 million. The supplier demanded full prepayment, which the buyer refused. They eventually agreed on an installment schedule – 30% down payment, another part upon delivery, and the final balance only after installation and signing the handover protocol. This gave the buyer assurance they

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Contractual Penalties and Sanctions for Delayed Delivery of Machinery

Print A company boughtaA Czech company ordered a manufacturing press from Germany with a delivery deadline “no later than June 30.” The supplier delivered the machine only in August, causing the buyer millions in lost contracts. Fortunately, the agreement included a contractual penalty of 0.2% of the price for each day of delay. Without this

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Quality Guarantee for Machinery: How to Arrange It in a Purchase Agreement

Print A business invested in a new packaging line worth several million crowns. After one year, defects started appearing, but the manufacturer argued that the statutory claim period had already expired. If the contract had included a quality guarantee, the buyer would have been entitled to free repair or replacement even beyond the statutory timeframe.

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Delivery and Installation of Machinery: When Is the Purchase Agreement Truly Fulfilled?

Print A business ordered a bottling production line. The supplier delivered the machine, unloaded it in the hall, and demanded the final payment. But the line wasn’t connected or running. The buyer refused to pay, arguing that under the contract the machine had to be delivered “including installation.” The dispute ended in court, where the

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