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Hire-Purchase

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REMEDIES AVAILABLE IN CASE OF BREACH

In case of breach of the hire-purchase agreement, the owner is entitled to (i) recover the goods by physical repossession; or (ii) to abandon any claim to the goods and sue for damages.

REGISTRATION

The registration of a hire purchase agreement is not necessary, as no immovable property is conveyed thereby to the hirer.

 
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Introduction
Hire-purchase agreement
Forms of hire-purchase agreements
Termination of hire purchase agreement
Remedies in case of breach

 

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