Layaway Form

Layaway Agreement

This Layaway agreement is entered into by the “Seller” and the “Buyer”
Date

MonthDayYear
Name*

First NameLast Name
Buyer’s Details
Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number*

Area CodePhone Number

WHEREAS, the Buyer wishes to purchase the following item(s) (the "Goods") from the Seller:

Good bought

Rows	Description	Weight	Price	Total
18k Gold
VCA
Piyao
Others
Grand TOTAL

Layaway Terms*
Payment method*
Due Date 1 (to be filled by Seller)

MonthDayYear
Date
Due Date 2

MonthDayYear
Date
Due Date 3

MonthDayYear
Date

Terms and Conditions
1. Late Payment: In the event that the Buyer fails to make any installment payment within _____ days of the specified due date, a late fee of ______% of the overdue amount will be charged.
2. Delivery of Goods: The Seller shall deliver the Goods to the Buyer upon receipt of the first installment payment.
3. Ownership and Title: Ownership and title of the Goods shall remain with the Seller until the Total Amount is fully paid by the Buyer.
4. Default and Remedies: In the event of default by the Buyer, the Seller shall have the right to terminate this Agreement and repossess the Goods. Any amounts paid by the Buyer up to the date of default shall be retained by the Seller as liquidated damages.
5. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the Republic of the Philippines.
6. Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes any prior agreements or understandings, whether written or verbal, relating to the subject matter herein.
7. Amendments: Any amendments or modifications to this Agreement must be in writing and signed by both parties.
8. Severability: If any provision of this Agreement is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
Agree
Signature*

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