Conditional Sale Agreement

Conditional sale agreement in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of conditional sale agreement.

Resources

See Also

• Law Enforcement Officer
• Policeman
• Law Enforcement Agency

Further Reading

• conditional sale agreement in A Dictionary of Law Enforcement (Oxford University Press)
• conditional sale agreement in the Encyclopedia of Law Enforcement
• A Treatise on the Police of the Metropolis

English Legal System: Conditional Sale Agreement

In the context of the English law, A Dictionary of Law provides the following legal concept of Conditional Sale Agreement : A contract of sale under which the price is payable by instalments and ownership is not to pass to the buyer (although he is in possession of the goods) until specified conditions relating to the payment of the price or other matters are fulfilled. The seller retains ownership of the goods as security until he is paid. A conditional sale agreement is a *consumer-credit agreement; it is regulated by the Consumer Credit Act 1974 if the buyer is an individual, the credit does not exceed £25,000, and the agreement is not otherwise exempt.