Sale of Goods Act Section 32 — Payment and delivery are concurrent conditions

CHAPTER IV PERFORMANCE OF THE CONTRACT

Commercial / Corporate

Summary

Unless the parties have agreed otherwise, the seller's duty to deliver the goods and the buyer's duty to pay the price happen at the same time. This means the seller must be prepared and willing to hand over possession of the goods to the buyer in return for the price, and the buyer must be prepared and willing to pay the price in return for receiving possession of the goods.

Official Text

Unless otherwise agreed, delivery of the goods and payment of the price are concurrent conditions, that is to say, the seller shall be ready and willing to give possession of the goods to the buyer in exchange for the price, and the buyer shall be ready and willing to pay the price in exchange for possession of the goods.