Common Contracts

ABSTRACT

April 11th, 2014

• Filed
  April 11th, 2014

In a hire purchase agreement does not rule out the possibility that the lease buyer for any reason, unable to meet its obligations to pay rent in accordance with the agreement that has been agreed with the seller that he ( the buyer ) can be categorized has done a broken promise or breach of contract . The purpose of this paper is to investigate the Legal Aspects of Hire Purchase Agreement . Study is a normative legal research is a study of secondary data (data library ) . That is by reading , studying and describing the norm - the norm of law and article - article and the opinions of experts in connection with a lease issues . In a lease agreement setatus ownership of the new goods move from the lease seller to the buyer after the entire amount of the rental price of the goods paid in full . In a lease agreement seemed no delays title to the goods until the rest of the last installment is paid off by the buyer leases . Legal consequences for debtors in default if it was going to get p