Document background
The Dealer Arranged Conditional Sale Agreement is a crucial document used in Australian commercial transactions where a dealer facilitates both the sale of goods and the financing arrangement between a customer and a financier. This tripartite arrangement is commonly used for high-value goods such as vehicles, equipment, or machinery, where customers require financing but prefer to arrange it through their dealer. The agreement must comply with Australian consumer credit legislation, particularly the National Consumer Credit Protection Act 2009 and the Personal Property Securities Act 2009. It includes detailed provisions about the conditional nature of the sale, where title remains with the financier until full payment, while establishing clear rights and obligations for all parties involved. The document typically includes comprehensive details about the goods, payment schedule, security interests, maintenance requirements, and enforcement rights, making it essential for businesses dealing with financed sales of significant assets.
