Layaway Agreement

for Your State

This Layaway Agreement is for use by a business who offers layaway services to their customers. This agreement sets out the items placed in layaway, total price, when payments are due and date when the items must be picked up.

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This Layaway Agreement is for use by a business who offers layaway to their valued customers. This agreement sets out the terms of the arrangement including the customer's name and contact information, specific items placed in layaway (including their purchase price, payment date and amount) and when mandatory payments are due. It also sets forth the amount of any non-refundable layaway fee, down payments and that any delinquent payments will result in cancellation of the purchase. This Layaway Agreement is perfect for any type of business, large or small, and can easily be tailored to fit your business's unique needs and situation.

This Layaway Agreement contains:
  • Customer Information: All relevant information regarding the customer;
  • Layaway Information: Sets forth the specific items which were placed on layaway, purchase price and the amount and date layaway payments must be made;
  • Price Reduction: If the price of the layaway item is reduced, sets forth if the terms under which the layaway product will be amended to the lower cost;
  • Mandatory/Delinquent Payments: Sets forth when payments must be made and cancellation policy if the payments are not made in a timely fashion;
  • Forfeiture/Final Payment Date: Sets forth the due date of the final payment and that the item will be declared as forfeited if payments are not made within a specified number of days;
  • Signature: Both customer and seller must sign and date this layaway agreement.

Protect yourself and your property by purchasing this attorney-prepared form.

This attorney-prepared package includes:
  1. General Information
  2. Instructions and Checklist
  3. Layaway Agreement
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Layaway Agreement

 

 

CUSTOMER INFORMATION
Name
: ________________________________
Address
: ________________________________
Home Phone
: ________________________________
Work Phone
: ________________________________
Cell Phone
: ________________________________
 
LAYAWAY INFORMATION
Items Purchased
Purchase Price
Payment Date
Payment Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LAYAWAY AGREEMENT
1.   Seller agrees to deliver the above items or identical items to Customer upon Customers completion of the payments shown above. The purchase price may not be increased. The items will/will not be segregated from merchandise for sale.
2.   Seller agrees to reduce the purchase price of any item to a lower price if said item is lowered in price within the next 10 days. If an item goes on sale after 10 days and during the term of this Agreement, Customer may purchase the item at the lower price if payment is made in full.
3.   This layaway is subject to a non-refundable layaway fee of $_____________.  No partial pick-up or partial cancellations will be permitted under this agreement.
4.   Mandatory payments due every _______________.  Total number of payments depends on final payment due date. Customer agrees to make all payments by the final due date. If all payments are not completed, Customer agrees to (forfeit all payments made) (pay a restocking fee of $ _____) (accept store credit for the amount of payments made) (accept full cash refund of all payments made).
 
5.   Layaways which are delinquent in payments by more than x days may be cancelled by ___________________. A $_____ cancellation fee will be charged on all Layaways that are cancelled, refunded or which are delinquent in payments by more than x days.
6.   Down payment required is $__________ or ___________% of total purchase, whichever is greater.
7.   All layaways must be paid in full by:  ___________ and picked up by:  _____________.  After this date, order will be cancelled, returned to stock, and cancellation fee will be deducted from your refund.
8.   Except where prohibited by law, no price adjustments after xx-days from layaway start date.  Multiple price adjustments on the same item not permitted.  Price adjustments not allowed on clearance merchandise.
9.   Layaway period determined by final payment date and will be _______.
10.   By providing customer information and telephone number or e-mail address to ________, Customer agrees to these terms, accepts a copy of this Agreement as a receipt of the down payment and agrees to maintain current contact information with Seller.
11.   This layaway will be forfeited if left unattended for __ days.
 
 
 
Date ______________________________
  
 
___________________________________
Sellers Signature
 
___________________________________
Customers Signature
For Office Use
 
 
Date
 
Paid
Rcpt#
Bal
Rcvd
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of Pages6
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#43610
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Layaway Agreement

 

 

CUSTOMER INFORMATION
Name
: ________________________________
Address
: ________________________________
Home Phone
: ________________________________
Work Phone
: ________________________________
Cell Phone
: ________________________________
 
LAYAWAY INFORMATION
Items Purchased
Purchase Price
Payment Date
Payment Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LAYAWAY AGREEMENT
1.   Seller agrees to deliver the above items or identical items to Customer upon Customers completion of the payments shown above. The purchase price may not be increased. The items will/will not be segregated from merchandise for sale.
2.   Seller agrees to reduce the purchase price of any item to a lower price if said item is lowered in price within the next 10 days. If an item goes on sale after 10 days and during the term of this Agreement, Customer may purchase the item at the lower price if payment is made in full.
3.   This layaway is subject to a non-refundable layaway fee of $_____________.  No partial pick-up or partial cancellations will be permitted under this agreement.
4.   Mandatory payments due every _______________.  Total number of payments depends on final payment due date. Customer agrees to make all payments by the final due date. If all payments are not completed, Customer agrees to (forfeit all payments made) (pay a restocking fee of $ _____) (accept store credit for the amount of payments made) (accept full cash refund of all payments made).
 
5.   Layaways which are delinquent in payments by more than x days may be cancelled by ___________________. A $_____ cancellation fee will be charged on all Layaways that are cancelled, refunded or which are delinquent in payments by more than x days.
6.   Down payment required is $__________ or ___________% of total purchase, whichever is greater.
7.   All layaways must be paid in full by:  ___________ and picked up by:  _____________.  After this date, order will be cancelled, returned to stock, and cancellation fee will be deducted from your refund.
8.   Except where prohibited by law, no price adjustments after xx-days from layaway start date.  Multiple price adjustments on the same item not permitted.  Price adjustments not allowed on clearance merchandise.
9.   Layaway period determined by final payment date and will be _______.
10.   By providing customer information and telephone number or e-mail address to ________, Customer agrees to these terms, accepts a copy of this Agreement as a receipt of the down payment and agrees to maintain current contact information with Seller.
11.   This layaway will be forfeited if left unattended for __ days.
 
 
 
Date ______________________________
  
 
___________________________________
Sellers Signature
 
___________________________________
Customers Signature
For Office Use
 
 
Date
 
Paid
Rcpt#
Bal
Rcvd
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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