Lay-by Sales Agreement
A Lay-by Sales Agreement is used between a supplier of consumer goods and a consumer. This can be used for the sale of goods in return for an amount paid in instalments.
Last updated October 24, 2025
Suitable for Australia
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What is a lay-by sales agreement?
What is a lay-by sales agreement?
When should you use a lay-by sales agreement?
When should you use a lay-by sales agreement?
What should be in a lay-by sales agreement?
What should be in a lay-by sales agreement?
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Frequently asked questions
What is a lay-by sales agreement?
keyboard_arrow_upWhen should you use a lay-by sales agreement?
keyboard_arrow_upWhat should be in a lay-by sales agreement?
keyboard_arrow_upWhat protections does this agreement offer to consumers?
keyboard_arrow_upCan the supplier cancel the agreement?
keyboard_arrow_upWhat happens if the buyer terminates before final payment?
keyboard_arrow_upWho is responsible for the goods before delivery?
keyboard_arrow_upView Sample Lay-by Sales Agreement
The Legal Risk Score of a Lay-by Sales Agreement Template is Low
Our legal team have marked this document as low risk considering:
- The risk of financial loss exists if the buyer decides to terminate the agreement, as they may forfeit any service fees paid, though other monies are refunded.
- The seller retains the risk for any damage or loss to the goods until they are delivered, potentially incurring additional costs if something happens to the goods before delivery.
- Ownership of the goods does not transfer to the buyer until the final instalment is paid, which could delay the buyer's ability to fully utilize or resell the goods.
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