Recall the most common false promises people attach to Incoterms.
Does Incoterms decide when title transfers? No. Title transfer belongs in the sale contract or governing law. Incoterms allocate delivery-related tasks, costs, and risk, not ownership transfer. Risk transfer versus title transfer Never use risk transfer as a silent substitute for title transfer. But DDP means the seller handles everything. Your line DDP is broad for delivery and import duties, but we still need separate wording for title, payment, acceptance, and product compliance. Letting "everything" become an undefined promise. It respects the buyer need for simplicity while keeping legal and operational scope precise. Does Incoterms set payment timing? No. Payment…
Sign up free — one personalized lesson every day, matched to your role and goals.
Already have an account? Sign in