The Installment Purchase Agreement is a vital document used in Irish commerce when goods are sold through periodic payments rather than a single lump sum. It's particularly relevant for high-value purchases where consumers need payment flexibility. The agreement must comply with the Consumer Credit Act 1995, the Sale of Goods and Supply of Services Act 1980, and other relevant Irish legislation. It typically includes credit terms, APR calculations, payment schedules, retention of title clauses, and consumer protection provisions. This document type is essential for businesses offering payment plans while protecting both seller and buyer interests under Irish law.

1. Parties: Identification of the seller and purchaser with full legal names and addresses

2. Background: Context of the agreement including the seller's business and purchaser's intention to buy goods on installment terms

3. Definitions: Definitions of key terms used throughout the agreement

4. Description of Goods: Detailed description of the goods being purchased, including any serial numbers or identifying features

5. Purchase Price and Payment Terms: Total purchase price, deposit amount, number of installments, payment amounts, and payment schedule

6. Credit Terms: Annual percentage rate (APR), total cost of credit, and all other information required by the Consumer Credit Act 1995

7. Delivery and Title: Terms regarding delivery of goods and when title passes to the purchaser

8. Retention of Title: Provisions stating that title remains with the seller until full payment is received

9. Warranties and Representations: Warranties regarding the goods and representations by both parties

10. Default and Remedies: Consequences of default and available remedies for both parties

11. Termination: Circumstances under which the agreement can be terminated and the consequences

12. Notices: How formal notices under the agreement should be given

13. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and severability

14. Execution: Signature blocks and execution requirements