Document background
This Installment Sale Agreement template is designed for use in Australian jurisdictions where goods are being sold with payment spread over multiple installments. It is particularly suitable for high-value transactions where immediate full payment is not practical or desired. The document incorporates essential elements required under Australian law, including provisions aligned with the Personal Property Securities Act 2009, Australian Consumer Law, and relevant state-based legislation. It establishes clear terms for payment schedules, retention of title, security interests, risk allocation, and default remedies. The agreement is adaptable for both business-to-business and business-to-consumer transactions, with appropriate provisions to ensure compliance with consumer protection requirements where applicable.
