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What are the conditions to apply for a good installment plan?

First of all, you must have an ID card, and you also need to provide proof of income, proof of liabilities, proof of assets and credit report, etc.

When the conditions for rescission of the contract are fulfilled, the person with the right to terminate the contract can terminate the contract. "Similar to this, there are Article 160 of the Contract Law, Article 111 of the General Principles of the Civil Law, Article 64 of the Civil Opinions, and Article 35, Paragraph 1, of the Judicial Interpretation of the Supreme People's Court on Sales Contracts. (2), etc., can also be testified.

Reservation of rights:

The installment sales contract with retention of ownership is a type of installment sales contract, which is similar to the retention of ownership. An installment sales contract with a combination of guarantees means that both parties agree that although the buyer will first possess and use the subject matter, the seller will retain ownership of the subject matter until the specific conditions agreed upon by the parties are fulfilled. /p>

An installment sales contract in which the ownership is transferred to the buyer after the conditions are fulfilled. However, it should be noted that the "conditions" here are different from the "conditions" in the civil law sense. The conditions here should be interpreted as "burdens", similar to legal provisions. See Article 93, paragraph 2, of the Contract Law: "The parties may agree on the conditions for one party to terminate the contract.