Bill Of Sale With Payment Terms Template for Philippines

1. Condition of Property: Detailed description of property condition, used for sales of used or complex items

2. Insurance Requirements: Required when the payment terms are extended and insurance is needed to protect the asset

3. Security Interest: Used when the seller maintains a security interest in the property until full payment

4. Delivery Terms: Required when the property needs to be delivered to a specific location

5. Maintenance Requirements: Important for mechanical or technical items that require specific maintenance during the payment period

6. Right of Inspection: Used for complex items where the buyer needs time to inspect and verify condition

7. Assignment Rights: Required when either party may need to assign their rights under the agreement

1. Schedule A - Property Description: Detailed technical specifications, photographs, or documentation of the property

2. Schedule B - Payment Schedule: Detailed breakdown of payment installments, dates, and amounts

3. Schedule C - Condition Report: Detailed report of the property's condition at time of sale

4. Schedule D - Maintenance Requirements: Specific maintenance procedures and schedules if applicable

5. Appendix 1 - Property Documents: Copies of relevant property documents, certificates, or permits

6. Appendix 2 - Warranty Terms: Detailed warranty terms and conditions if applicable