Use this form when you sell goods to a buyer who will pay you in installments. It will protect your right to recover the goods should the buyer fail to make his payments. In effect, the buyer will acknowledge your right to repossess the good if timely payments aren't made.

Important to Know:

• Use this document in conjunction with "Sales Contract (Installment Payments)" or "Contract for Manufacture of Goods."
• Before you seize property you have sold to a buyer who isn't making payments in a timely manner, it's extremely important to see an attorney.