Conditional Sale Agreement Template for Ireland

This document template is designed for use in Irish jurisdiction transactions where parties wish to structure a sale with payment in installments while protecting the seller's interests through title retention. A Conditional Sale Agreement is particularly useful for high-value assets or business equipment where the buyer requires immediate possession but the seller needs security until full payment is received. The agreement must comply with Irish consumer protection legislation, particularly the Consumer Credit Act 1995 when used in consumer transactions. It includes mandatory disclosures about financial terms, clear title retention provisions, and specific procedures for default scenarios. The document is commonly used in both business-to-business and business-to-consumer contexts, though requirements and terms may vary depending on the parties involved and the nature of the goods being sold.

1. Parties: Identification of the Seller and the Buyer with full legal names and addresses

2. Background: Context of the agreement, including description of the goods being sold and the parties' intention to enter into a conditional sale arrangement

3. Definitions: Definitions of key terms used throughout the agreement, including 'Goods', 'Purchase Price', 'Completion Date', etc

4. Sale and Purchase: Core terms of sale including description of goods, purchase price, and conditional nature of the sale

5. Payment Terms: Details of payment schedule, installment amounts, interest rates, and payment methods

6. Title Retention: Clear statement that title remains with seller until full payment, conditions for title transfer

7. Delivery and Risk: Terms regarding delivery of goods, transfer of risk, and responsibility for insurance

8. Buyer's Obligations: Duties of the buyer including maintenance of goods, permitted use, and insurance requirements

9. Seller's Warranties: Warranties regarding the goods' condition, ownership, and compliance with description

10. Default and Termination: Consequences of default, termination rights, and repossession procedures

11. General Provisions: Standard boilerplate clauses including notices, entire agreement, and governing law