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Article 489: Payment of the goods in instalments

📅 Updated: 30.09.2026

1. A contract for the sale of goods on credit may provide for the payment of the goods in instalments. 2. When the buyer fails to pay in accordance with the contract for the sale of goods, the price of the goods, the manner, the time and the amount of the payments. The seller is entitled, unless otherwise provided in the contract, to refuse to perform the contract and to demand the return of the goods sold, except in the case of: 3. The contract for the sale of goods on credit, subject to the condition that payment be deferred, shall be subject to the rules set out in paragraphs 2.4 and 5. 488 of the present Code.