Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Installment Plan Agreement
"I need an Installment Plan Agreement for the sale of industrial machinery worth €75,000, with monthly payments over 24 months starting March 2025, including retention of title and mandatory insurance requirements for the equipment during the payment period."
1. Parties: Identification of the seller/creditor and buyer/debtor, including full legal names, addresses, and registration details if applicable
2. Background: Context of the agreement and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Object of Purchase: Detailed description of the goods or services being purchased under the installment plan
5. Purchase Price and Payment Terms: Total purchase price, down payment, number of installments, installment amounts, and payment dates
6. Interest and Additional Costs: Interest rate (effective annual rate), processing fees, and total amount payable
7. Payment Method: Accepted payment methods and payment processing details
8. Delivery Terms: Conditions and timing of delivery of goods or services
9. Retention of Title: Seller's retention of ownership until full payment (Eigentumsvorbehalt)
10. Default and Late Payment: Consequences of missed payments and default procedures
11. Right of Withdrawal: Consumer's right to withdraw from the contract within 14 days (Widerrufsrecht)
12. Term and Termination: Duration of the agreement and conditions for early termination
13. Final Provisions: Governing law, jurisdiction, written form requirement, and severability clause
1. Insurance Requirements: Required when the purchased item needs specific insurance coverage during the installment period
2. Security Interests: Used when additional collateral or security is required beyond retention of title
3. Third-Party Financing: Required when a financial institution is involved in providing the installment plan
4. Early Payment Provisions: Details of early payment options and any associated discounts or penalties
5. Usage Restrictions: Needed when there are specific restrictions on the use of goods during the payment period
6. Maintenance Requirements: Required for goods that need specific maintenance during the payment period
7. Assignment Rights: Used when either party needs the right to assign the agreement to third parties
1. Payment Schedule: Detailed breakdown of all installment payments, including dates, amounts, and running balance
2. Product Specifications: Detailed technical specifications or description of the purchased items
3. Withdrawal Form: Standard form for exercising the right of withdrawal (Widerrufsformular)
4. Pre-contractual Information: Mandatory pre-contractual information as required by German consumer credit law
5. SEPA Direct Debit Mandate: If applicable, authorization for direct debit payments
6. Interest Calculation: Detailed breakdown of interest calculations and effective annual rate
Authors
Retail
Automotive
Consumer Electronics
Furniture and Home Furnishings
Manufacturing Equipment
Home Improvement
Luxury Goods
Medical Equipment
Agricultural Equipment
Industrial Machinery
Legal
Finance
Sales
Compliance
Risk Management
Customer Service
Credit Control
Commercial Operations
Contract Administration
Account Management
Legal Counsel
Finance Manager
Credit Manager
Sales Director
Retail Manager
Compliance Officer
Contract Administrator
Consumer Finance Specialist
Risk Manager
Commercial Director
Customer Service Manager
Account Manager
Find the exact document you need
Installment Plan Agreement
A German law-governed agreement allowing purchase of goods or services through scheduled installment payments, incorporating consumer protection measures and BGB requirements.
Installment Payment Contract
A German law contract establishing terms for purchase payments in installments, compliant with BGB requirements and consumer protection regulations.
Partial Payment Installment Agreement
A German law-governed agreement structuring debt repayment through scheduled installments, establishing payment terms and obligations for all parties.
Installment Sale Contract
A German law contract enabling purchase of goods through scheduled installment payments, compliant with BGB requirements and consumer protection regulations.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.