The Installment Sales Contract is a crucial document used in Indonesian commercial transactions where goods are sold with payment spread over time through regular installments. This contract type is particularly relevant in both B2B and B2C contexts, especially for high-value purchases where immediate full payment is not practical or desired. The document must comply with Indonesian legal requirements, including the Civil Code (KUHPerdata), Consumer Protection Law (Law No. 8 of 1999), and relevant OJK regulations. It typically includes detailed payment schedules, title retention clauses, product specifications, delivery terms, and default provisions. This contract type is commonly used across various industries and provides legal protection for both sellers and buyers while ensuring clear documentation of all transaction terms and conditions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of seller and buyer with complete legal names and addresses
2. Background: Context of the sale and brief description of the transaction purpose
3. Definitions: Key terms used throughout the agreement including 'Installment Payments', 'Product', 'Delivery Date', etc.
4. Object of Sale: Detailed description of the product(s) being sold, including specifications and quantity
5. Purchase Price and Payment Terms: Total purchase price, down payment, installment amounts, payment schedule, and payment method
6. Delivery and Transfer of Risk: Terms of delivery, shipping arrangements, and point at which risk transfers to buyer
7. Title Retention: Clause stating that title remains with seller until full payment is received
8. Buyer's Obligations: Key responsibilities including making payments, maintaining the product, and insurance requirements
9. Seller's Obligations: Responsibilities including product delivery, warranty, and after-sales service
10. Default and Remedies: Consequences of payment default, repossession rights, and other remedies
11. Termination: Circumstances under which the contract can be terminated and consequences
12. Governing Law: Specification of Indonesian law as governing law
13. Dispute Resolution: Process for resolving disputes, including jurisdiction and venue
1. Insurance: Required when the product needs specific insurance coverage during the installment period
2. Third-Party Guarantor: Used when a guarantor is required to secure the buyer's payment obligations
3. Maintenance and Service: Included for products requiring specific maintenance or ongoing service
4. Assignment: Used when either party needs the right to assign the contract to third parties
5. Force Majeure: Included when specific force majeure provisions are needed beyond standard provisions
6. Export/Import Provisions: Required when the sale involves international trade elements
1. Product Specification Schedule: Detailed technical specifications and descriptions of the products
2. Payment Schedule: Detailed breakdown of installment amounts and due dates
3. Delivery Schedule: Specific delivery timeframes and locations if multiple deliveries are involved
4. Warranty Terms: Detailed warranty terms and conditions
5. Maintenance Requirements: Specific maintenance procedures and schedules if applicable
Relevant legal definitions
Clauses
Relevant Industries
Retail
Automotive
Industrial Equipment
Consumer Electronics
Furniture and Home Furnishings
Construction Equipment
Agricultural Machinery
Manufacturing
Technology and IT Equipment
Medical Equipment
Relevant Teams
Legal
Finance
Sales
Commercial
Credit Control
Operations
Compliance
Risk Management
Business Development
Customer Service
Relevant Roles
Sales Manager
Legal Counsel
Finance Manager
Credit Controller
Commercial Director
Contracts Administrator
Risk Manager
Business Development Manager
Account Executive
Operations Manager
Compliance Officer
Chief Financial Officer
Find the exact document you need
Letter Of Intent Non Binding
A non-binding preliminary document under Indonesian law outlining parties' intentions for a potential business transaction or relationship.
find out more
Simple Agreement Of Sale (Real Estate)
A standardized real estate sale agreement compliant with Indonesian law, facilitating property transfers between buyers and sellers.
find out more
Sales Contract Addendum
An Indonesian law-compliant addendum to modify existing sales contract terms and conditions.
find out more
Homesite Lease
An Indonesian law-governed agreement establishing terms and conditions for residential property leasing, compliant with local property regulations and tenant protection laws.
find out more
Lease For House Rental
An Indonesian law-governed residential lease agreement establishing terms and conditions for house rental, compliant with the Indonesian Civil Code and housing regulations.
find out more
Real Estate Listing Contract
An Indonesian law-governed agreement between property owner and real estate agent establishing terms for property listing and sale/lease representation.
find out more
Purchase Price Agreement
An Indonesian law-governed agreement establishing price and payment terms for purchase of goods or services, compliant with local commercial regulations.
find out more
Vehicle Sale Contract
An Indonesian law-governed agreement for the sale and purchase of a vehicle, including transfer of ownership and registration requirements.
find out more
Simple Home Sale Contract
An Indonesian law-compliant contract for the sale and purchase of residential property, outlining terms, conditions, and obligations of both parties.
find out more
Sales Rep Contract
An Indonesian law-compliant contract establishing terms and conditions for sales representative engagement, including territory rights, commission structures, and performance requirements.
find out more
Simple Land Sale Agreement
An Indonesian law-compliant agreement for the sale and purchase of land, executed before a Land Deed Official (PPAT).
find out more
Land Sale Agreement Form
An Indonesian law-governed agreement for the sale and transfer of land ownership, compliant with local property regulations and registration requirements.
find out more
Conditional Sale And Purchase Agreement
An Indonesian law-governed agreement establishing terms for a conditional sale and purchase transaction, subject to specific conditions precedent.
find out more
Car Sale Purchase Agreement
An Indonesian law-compliant agreement for the sale and purchase of motor vehicles, establishing terms of transfer and ownership rights.
find out more
Agreement For Sale And Purchase With Plan
An Indonesian law-governed agreement for the purchase of property off-plan or under construction, detailing development specifications, payment terms, and completion requirements.
find out more
Sub Sale Agreement
An Indonesian law-governed agreement facilitating property transfer from an intermediate seller to an end buyer, detailing terms, conditions, and obligations of all parties involved.
find out more
Simple For Sale By Owner Contract
An Indonesian law-governed contract for direct property sales between private parties, covering essential elements of property transfer and sale requirements.
find out more
Motor Vehicle Purchase Contract
An Indonesian law-compliant contract for the sale and purchase of motor vehicles, covering vehicle specifications, payment terms, and ownership transfer requirements.
find out more
Buy Sell Agreement Form
An Indonesian law-governed agreement that documents the terms and conditions for the sale and purchase of goods, assets, or property between parties.
find out more
Assignment Of Purchase And Sale Agreement
An Indonesian law-governed agreement transferring rights and obligations under an existing Purchase and Sale Agreement from one party to another.
find out more
Simple Purchase And Sale Agreement
An Indonesian law-governed agreement template for straightforward purchase and sale transactions, suitable for various commercial goods and assets.
find out more
Buy Sale Agreement Form
An Indonesian law-compliant agreement document that formalizes the sale and purchase of goods or property between parties, structured according to Indonesian Civil Code requirements.
find out more
Boat Sales Agreement
An Indonesian law-governed agreement for the sale and purchase of marine vessels, detailing transaction terms and ensuring regulatory compliance.
find out more
Provisional Agreement For Sale And Purchase
An Indonesian law-governed preliminary agreement outlining key terms and conditions for a proposed sale and purchase transaction, pending final agreement.
find out more
Private Sale Vehicle Purchase Agreement
An Indonesian law-governed agreement for private vehicle sales, ensuring compliant transfer of ownership and protecting both parties' interests.
find out more
Pre Sale Contract
An Indonesian law-compliant agreement for the sale of property before completion, detailing terms, specifications, and payment arrangements.
find out more
Point Of Sale Contract
An Indonesian law-governed agreement establishing terms for point of sale services, payment processing, and related technical services between merchants and service providers.
find out more
Motor Vehicle Contract Of Sale
An Indonesian law-compliant agreement for the sale and purchase of motor vehicles, detailing transaction terms and ownership transfer requirements.
find out more
Loan Purchase And Sale Agreement
An Indonesian law-governed agreement for the transfer of loan assets between financial institutions, complying with local banking regulations and civil code requirements.
find out more
Initial Contract Of Sale
An Indonesian law-governed contract establishing terms and conditions for a first-time sale transaction between parties, compliant with the Indonesian Civil Code.
find out more
Sales Contract Form
An Indonesian law-governed sales contract template establishing terms and conditions for commercial sale of goods, compliant with local regulations and commercial practices.
find out more
Purchase And Sale Agreement Form
An Indonesian law-governed agreement documenting the terms and conditions for the sale and purchase of goods, assets, or property between parties.
find out more
Commercial Real Estate Purchase And Sale Agreement
An Indonesian law-governed agreement for the sale and purchase of commercial real estate, detailing property transfer terms and regulatory compliance requirements.
find out more
Bill Of Sale Agreement For Car
A legally binding agreement under Indonesian law documenting the sale and transfer of ownership of a vehicle between parties, including essential transaction details and compliance requirements.
find out more
Asset Purchase Agreement Form
An Indonesian law-compliant Asset Purchase Agreement Form for legally transferring assets between parties, incorporating local regulatory requirements.
find out more
As Is Real Estate Contract
An Indonesian law-compliant real estate purchase agreement for property sold in "as is" condition, incorporating mandatory local property transfer requirements.
find out more
Term Sheet For Sale Of Business
An Indonesian law-governed preliminary agreement outlining key terms and conditions for a business sale transaction, serving as a basis for detailed transaction documents.
find out more
Vessel Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of maritime vessels, covering transfer of ownership, payment terms, and regulatory compliance.
find out more
Retail Installment Agreement
An Indonesian law-governed agreement establishing terms for retail goods sold on installment basis, compliant with local consumer protection and financial regulations.
find out more
Preliminary Agreement For Sale And Purchase
An Indonesian law-governed preliminary contract establishing terms and conditions for a proposed property sale and purchase transaction.
find out more
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)