Conditional Sale Agreement

Conditional Sale Agreement

The undersigned, herein known as the Buyer, agrees to purchase from {name}, herein known as the Seller, the following:

{description of what the Buyer will purchase}

 

Payment of said item(s) will be as follows:

Sales price
Applicable taxes
Finance charges
Insurance
Additional charges
Purchase total

Buyer agrees to pay a down payment of {amount}.

Buyer will finance {amount}, which will be charged a {number} percent annual interest rate.

The amount finance will be paid in {number} installments of {amount}. Final payment will be on or before {date}.

The Buyer will only receive the title to the purchased property upon the final payment.

If payments go into default for more than {number} days, the full balance shall become due. Buyer will be responsible for Seller's legal fees in this situation.

Buyer and Seller freely and willingly enter into this agreement this {date} day of {month}, {year}.

Seller Printed Name		Seller Signature

Buyer Printed Name		Buyer Signature