Conditional Sales Contract

What is it? The Seller sells the asset and transfers possession to the Purchaser, but retains title to the asset until the Purchaser has fully paid for it. In other words, a contract for a sale where the customer pays for his purchase in installment payments rather than all at once.

Added By: Benjamin

Send To Friends!

If you'd like to send the Conditional Sales Contract definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Conditional Sales Contract. If you need any more information on this term, please don't hesitate to contact us.