Loading Point Title and Risk Sample Clauses

The "LOADING POINT, TITLE AND RISK" clause defines the location where goods are loaded and specifies when ownership and responsibility for the goods transfer from the seller to the buyer. Typically, this clause identifies the precise loading point, such as a warehouse or port, and states that title and risk pass to the buyer once the goods are loaded onto the transport vehicle. This ensures both parties are clear about when liability for loss or damage shifts, thereby reducing disputes and allocating risk appropriately during the shipping process.