Conditional Sale Agreement-Format Template, Download Free Doc Pdf File Example

Conditional Sale Agreement Format Template, Download Free Doc Pdf File Example

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Conditional Sale Agreement Word Text Document Format

Conditional Sale Agreement

Date: ____________________________  Be it known that _____________________________________________ (Buyer) agrees to purchase from: _________________________________________ (Seller) the following described items:  (Describe or attach)

 

__________________________________________________________________________________________________________________________________________________________

 

Sales price Rs. ______________ 

Sales tax Rs. ______________ 

Finance charge Rs. ______________ 

Insurance Rs. ______________ 

Other charges Rs. ______________ 

Total purchase price Rs. ______________ 

Less:

Deposit Rs. ______________ 

Other credits Rs. ______________ 

Total credits Rs. ______________ 

Amount financed                    Rs. ______________ 

ANNUAL INTEREST RATE  ______________%

The amount financed shall be paid in________________ (weekly/monthly) installments of Rs._____________ each, beginning one (week/month) from the above date.

The seller shall retain title to the items sold until full payment of the purchase price, subject to payment credits and release of this security interest as required by law. The undersigned agrees to safely keep the items free from other liens and encumbrances at the below address and to not remove goods without seller’s consent.

Buyer further agrees to execute all financing statements as may be required to perfect this conditional sales agreement, and the Buyer shall keep goods adequately insured, naming Seller loss-payee.

The full balance of the purchase price shall become due upon any default; and the undersigned shall pay all reasonable attorney’s fees and costs of collection. Upon default, Seller may reclaim the goods, hold and dispose of same, and collect expenses, together with any deficiency due from Buyer, subject to the Buyer’s right to redeem said items pursuant to law and the Uniform Commercial Code.

     THIS IS A CONDITIONAL SALE AGREEMENT.

Accepted by:

Seller Buyer

Address                                                          Address       

By By

This Agreement or Financing Statements must be recorded as required by state law to protect your rights.

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