Hire Purchase Agreement

Template Overview

Template ID: hire-purchase-agreement
Version: 2.0.0

To generate this document, pass the structured data described below into the data property of the /api/v1/documents/generate endpoint.

Data Payload Schema

Field	Type	Requirement	Description & Details
`parties`	`array of objects`	Yes	The entities entering into the agreement. For this template, must contain exactly 2 entities. Uses the standard Parties Schema. Each party also takes a `definition` field: one of `"Hirer"`, `"Owner"`.
`currency`	`string`	No	What is the currency of payment? Options: `"NGN"`, `"USD"`, `"GBP"`, `"ZAR"`, `"Others"`
`customCurrency`	`string`	Conditional	Insert the currency Required if `currency` is `"Others"`.
`vehicles`	`array of objects`	No	vehicles Each entry: `regNum` (string), `chasisNum` (string), `model` (string), `colour` (string), `purchasePrice` (string), `deposit` (string), `installmentAmount` (string). (Minimum 1 entry.)
`depositDate`	`string`	No	How many days after signing the Agreement should the Deposit be paid?
`deliveryDate`	`string`	No	How many Business Days after paying the Deposit will the Vehicle be delivered?
`installmentFreq`	`string`	No	How frequently will Installment Amounts be paid? Options: `"weekly"`, `"monthly"`, `"quarterly"`, `"yearly"`
`maturityDate`	`string`	No	When (after the effective date) will the purchase price be fully paid? This is the time AFTER the agreement starts that the purchase price will be fully paid. Ex:4 years
`dispute`	`boolean`	No	Governing law and Dispute resolution Values: `true` (By Arbitration), `false` (By the court).
`governingLaw`	`string`	No	What is the governing law? Must be a valid value from the Supported Countries list.

Example JSON Payload

Here is an example of a properly formatted data object for the Hire Purchase Agreement template.

{
  "templateId": "hire-purchase-agreement",
  "data": {
    "parties": [
      {
        "definition": "Hirer",
        "isCompany": true,
        "rcName": "Acme Corp",
        "rcAddress": "123 Beta Way",
        "rcCountry": "United States",
        "rcNumber": "12345678",
        "type": "Private Company limited by shares"
      },
      {
        "definition": "Owner",
        "isCompany": false,
        "fullName": "Joshua",
        "address": "789 Alpha Ave",
        "rcCountry": "Nigeria"
      }
    ],
    "currency": "NGN",
    "vehicles": [
      {
        "regNum": "LSR 677 YB",
        "chasisNum": "Sample Chasis Num",
        "model": "Toyota Camry 2022",
        "colour": "Red",
        "purchasePrice": "$25000",
        "deposit": "$500",
        "installmentAmount": "$2500"
      }
    ],
    "depositDate": "Sample Deposit Date",
    "deliveryDate": "Sample Delivery Date",
    "installmentFreq": "weekly",
    "maturityDate": "4 years",
    "dispute": true,
    "governingLaw": "Nigeria"
  },
  "format": "pdf"
}