The Installment Purchase Agreement is commonly used in German commercial practice when buyers wish to purchase goods but prefer or require payment in installments rather than an immediate full payment. This document type is particularly regulated under German law, requiring compliance with various provisions of the German Civil Code (BGB), consumer protection laws, and financial regulations. The agreement must include specific mandatory information such as the total purchase price, the effective annual interest rate, payment schedule, and withdrawal rights. It's essential for businesses selling high-value items and requires careful consideration of consumer protection requirements, especially regarding transparency in pricing and payment terms. The document typically includes retention of title clauses (Eigentumsvorbehalt) and must comply with the Price Indication Regulation (PAngV) for consumer transactions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration details if applicable
2. Background: Brief context of the transaction and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Object of Purchase: Detailed description of the goods being sold, including specifications and condition
5. Purchase Price and Payment Terms: Total purchase price, number of installments, amount of each installment, payment dates, and effective annual interest rate as required by PAngV
6. Delivery and Transfer of Title: Terms of delivery, transfer of risk, and retention of title until full payment
7. Right of Withdrawal: Mandatory consumer right of withdrawal (Widerrufsrecht) as per §355 BGB, including withdrawal period and consequences
8. Default and Consequences: Consequences of payment default, including acceleration clauses and collection procedures
9. Warranties and Guarantees: Statutory warranties and any additional guarantees provided
10. Data Protection: GDPR-compliant provisions regarding the processing of personal data
11. Final Provisions: Governing law, jurisdiction, severability clause, and form requirements
1. Insurance Requirements: Include when the goods require specific insurance coverage during the payment period
2. Security Interests: Include when additional collateral or security is required beyond retention of title
3. Third-Party Financing: Include when a third-party financial institution is involved in the financing
4. Usage Restrictions: Include when there are specific restrictions on how the goods may be used during the payment period
5. Maintenance Requirements: Include for goods requiring specific maintenance during the payment period
6. Assignment Rights: Include when either party needs specific rights to assign the contract
7. Early Payment Provisions: Include when early payment options and associated discounts are offered
1. Payment Schedule: Detailed breakdown of all payments, including dates, amounts, and allocation between principal and interest
2. Product Specifications: Detailed technical specifications and conditions of the goods
3. Withdrawal Form: Standard withdrawal form as required by German consumer protection law
4. Pre-contractual Information: Mandatory pre-contractual information as required by Art. 246 EGBGB
5. Delivery Terms: Detailed delivery specifications and requirements
6. Warranty Certificate: Details of any manufacturer or extended warranties
7. SEPA Direct Debit Mandate: If applicable, authorization for direct debit payments
Relevant legal definitions
Agreement
Goods
Purchase Price
Installment Payment
Payment Schedule
Due Date
Effective Annual Interest Rate
Default
Default Interest
Retention of Title
Delivery
Business Day
Force Majeure
Security Interest
Transfer of Risk
Warranty Period
Withdrawal Period
Withdrawal Notice
Material Adverse Change
Place of Performance
Total Amount Payable
Initial Payment
Outstanding Balance
Payment Terms
Acceptance Certificate
Contractual Interest Rate
Delivery Location
Manufacturer's Warranty
Pre-contractual Information
Purchase Order
Specifications
Term
Working Days
SEPA Direct Debit
Applicable Law
Defect
Insurance Coverage
Notice
Principal Amount
Withdrawal Form
Goods
Purchase Price
Installment Payment
Payment Schedule
Due Date
Effective Annual Interest Rate
Default
Default Interest
Retention of Title
Delivery
Business Day
Force Majeure
Security Interest
Transfer of Risk
Warranty Period
Withdrawal Period
Withdrawal Notice
Material Adverse Change
Place of Performance
Total Amount Payable
Initial Payment
Outstanding Balance
Payment Terms
Acceptance Certificate
Contractual Interest Rate
Delivery Location
Manufacturer's Warranty
Pre-contractual Information
Purchase Order
Specifications
Term
Working Days
SEPA Direct Debit
Applicable Law
Defect
Insurance Coverage
Notice
Principal Amount
Withdrawal Form
Clauses
Payment Terms
Purchase Price
Delivery
Title Retention
Default
Interest
Consumer Rights
Withdrawal Rights
Warranties
Risk Transfer
Security Interest
Insurance
Assignment
Force Majeure
Termination
Early Payment
Remedies
Notices
Data Protection
Dispute Resolution
Governing Law
Amendments
Severability
Entire Agreement
Product Description
Acceptance
Default Interest
Acceleration
Maintenance
Documentation
Representations
Third Party Rights
Costs
Set-off
Consumer Protection
Purchase Price
Delivery
Title Retention
Default
Interest
Consumer Rights
Withdrawal Rights
Warranties
Risk Transfer
Security Interest
Insurance
Assignment
Force Majeure
Termination
Early Payment
Remedies
Notices
Data Protection
Dispute Resolution
Governing Law
Amendments
Severability
Entire Agreement
Product Description
Acceptance
Default Interest
Acceleration
Maintenance
Documentation
Representations
Third Party Rights
Costs
Set-off
Consumer Protection
Relevant Industries
Retail
Consumer Goods
Automotive
Electronics
Furniture and Home Furnishings
Industrial Equipment
Home Appliances
Luxury Goods
Construction Equipment
Agricultural Equipment
Technology
Manufacturing
Relevant Teams
Legal
Finance
Sales
Compliance
Risk Management
Commercial Operations
Credit Control
Customer Service
Business Development
Retail Operations
Relevant Roles
Legal Counsel
Contract Manager
Sales Manager
Finance Manager
Credit Controller
Commercial Director
Retail Manager
Business Development Manager
Compliance Officer
Risk Manager
Customer Service Manager
Operations Manager
Chief Financial Officer
General Counsel
Find the exact document you need
Website Sale Agreement
German law-governed agreement for the sale and transfer of website ownership, including all associated digital assets and compliance requirements.
find out more
Securities Purchase Agreement
German law-governed agreement for the purchase and sale of securities, compliant with German regulatory requirements and market practices.
find out more
Binding Purchase Agreement
A German law-governed agreement formalizing the sale and purchase of goods or assets, compliant with BGB requirements.
find out more
Equity Investment Contract
A German law-governed agreement establishing terms and conditions for equity investment into a company, including share allocation, investor rights, and governance provisions.
find out more
For Sale By Owner Real Estate Purchase Agreement
A German law-compliant real estate purchase agreement for direct seller-to-buyer property transactions without broker involvement.
find out more
Used Car Purchase Agreement
German law-compliant agreement for used vehicle sales, incorporating BGB requirements and consumer protection provisions.
find out more
Shares Agreement
A German law-governed agreement detailing the terms and conditions for the transfer of company shares between parties, including purchase price, warranties, and completion mechanics.
find out more
Car Lease To Own Agreement
A German law-governed agreement combining vehicle leasing with a purchase option, enabling the lessee to own the vehicle after completing specified payments.
find out more
Auto Purchase Agreement
A German law-governed agreement for the sale and purchase of motor vehicles, complying with BGB requirements and automotive regulations.
find out more
Business Sale Contract
A German law-governed contract for the sale and purchase of a business, including comprehensive terms for asset transfer, warranties, and regulatory compliance.
find out more
Public Offer Agreement
A German law-governed agreement presenting standardized terms for offering goods or services to undefined potential customers, compliant with German civil and consumer protection laws.
find out more
Buyback Agreement
A German law-governed agreement establishing terms for the repurchase of assets, shares, or securities by their original seller, compliant with German civil and commercial law requirements.
find out more
Vehicle Hire Purchase Agreement
A German law-governed agreement for the purchase of a vehicle through installment payments, with ownership transferring upon final payment.
find out more
Website Purchase Agreement
A German law-governed agreement for the sale and purchase of a website, including all associated assets and rights.
find out more
Model Asset Purchase Agreement
A template agreement under German law for the purchase and sale of business assets, incorporating essential German legal requirements and international best practices.
find out more
Lease Agreement With Option To Purchase
A German law-governed agreement combining property lease terms with a future purchase option, structured under the German Civil Code (BGB).
find out more
Contingent Purchase Agreement
A German law-governed agreement establishing terms for a purchase transaction contingent upon specific conditions being met.
find out more
Conditional Purchase Agreement
A German law-governed agreement setting out terms for a purchase that becomes binding only when specified conditions are met.
find out more
Auto Purchase Contract
A German law-compliant contract for the sale and purchase of motor vehicles, incorporating essential terms and conditions under the German Civil Code.
find out more
Artwork Purchase Agreement
A German law-governed agreement for the sale and purchase of artwork, ensuring legal compliance and protecting both buyer's and seller's interests.
find out more
Agreement For Advance Payment For Purchase Of Goods
German law-governed agreement establishing terms for advance payment in goods purchase, including payment structure and delivery obligations.
find out more
Advance Agreement For Land Purchase
A preliminary contract under German law that establishes the framework and conditions for a future land purchase transaction, requiring notarization for legal validity.
find out more
Standard Purchase Agreement
A German law-governed agreement setting out terms and conditions for the sale and purchase of goods or assets, compliant with the BGB.
find out more
Private Sale Purchase Agreement
A German law-governed agreement documenting the sale and purchase of goods or assets between private parties, aligned with BGB requirements.
find out more
Partnership Purchase Agreement
A German law-governed agreement for the sale and purchase of partnership interests, including purchase terms, warranties, and closing conditions.
find out more
Cross Purchase Agreement
A German law-governed agreement establishing the framework for business owners to purchase each other's interests upon specific trigger events.
find out more
Buy Tenancy Agreement
A German residential tenancy agreement (Mietvertrag) governed by the BGB, establishing terms and conditions for residential property rental in Germany.
find out more
Basic Real Estate Purchase Agreement
A German law-governed agreement for real estate sales, establishing terms and conditions for property transfer, requiring notarization under BGB regulations.
find out more
Real Estate Sales Agreement Form
A notarized agreement under German law for the sale and purchase of real estate property, including essential terms and conditions for property transfer.
find out more
Residential Resale Condominium Property Purchase Contract
German law-governed purchase agreement for residential resale condominium properties, requiring notarization and compliance with German property laws.
find out more
Purchasers Agreement
A German law-governed agreement establishing terms and conditions for the purchase of goods or assets between parties, compliant with the BGB.
find out more
Vehicle Purchase Contract
A German law-compliant contract for the sale and purchase of vehicles, suitable for both private and commercial transactions.
find out more
Short Form Real Estate Purchase Agreement
A concise property purchase agreement template governed by German law, suitable for straightforward real estate transactions.
find out more
Offer To Purchase And Contract
A German law-governed document combining a purchase offer and contract terms, used for formalizing purchase transactions under the German Civil Code.
find out more
Stock Buyout Agreement
A German law-governed agreement detailing the terms and conditions for the purchase and sale of company shares, including transaction structure, price, and closing conditions.
find out more
Vehicle Purchase Agreement With Down Payment
A German law-governed agreement for vehicle purchase with down payment terms, compliant with BGB requirements and vehicle regulations.
find out more
Timeshare Purchase Agreement
A German law-governed agreement for the purchase of timeshare property rights, compliant with BGB and EU consumer protection regulations.
find out more
Private Party Car Sale Contract
German-law compliant contract template for private party vehicle sales, incorporating essential legal requirements and consumer protections.
find out more
Offer To Purchase Real Estate Form Private Sale
A legally compliant offer to purchase real estate document under German law, designed for private sale transactions with all essential elements required by the German Civil Code.
find out more
Multi Family Purchase And Sale Agreement
German law-governed agreement for the purchase and sale of multi-family residential properties, incorporating all necessary legal requirements and property-specific provisions.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)