This Conditional Sale Agreement (the “Sales Contract”), is made and effective [DATE],
BETWEEN:[SELLER NAME], [FULL ADDRESS] (the “Seller”) , a corporation organized and existing under the laws of [STATE/PRIOVINCE], with its head office located at:
AND:[BUYER NAME], [FULL ADDRESS] (the "Buyer"), a corporation organized and existing under the laws of [STATE/PRIOVINCE], with its head office located at:
The undersigned Buyer agrees to purchase from Seller the following goods:
Sales tax (if any) $
Finance charge $
Insurance (if any) $
Other charges (if any) $
Total purchase price $
Down payment $
Other credits $
Total credits $
Amount financed $
Annual interest rate %
The amount financed is payable in [NUMBER] (weekly/monthly) installments of [AMOUNT] each, commencing one (week/month) from date hereof.
Title to goods is retained by Seller until payment of full purchase price, subject to allocation of payments and release of security as required by law. The undersigned agrees to keep the goods safely, free from other liens and at the below address.
The full balance shall become due on default; with the undersigned paying all reasonable attorney fees and costs of collection. Upon default, Seller shall have the right to retake the goods, hold and dispose of them and collect expenses, together with any deficiency due from Buyer; but subject to the Buyer's right to redeem pursuant to law. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on [DATE].
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