Purchase agreement

Purchase agreement

Legal document recording the final understanding of a purchaser who agrees to buy and a seller who agrees to sell the specified item(s) under stated terms and conditions.

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Part of Speech: noun
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Industry/Domain: Law
Category: Contracts
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Related terms

purchase agreement

Business services; Relocation

An agreement between a buyer and seller of real property, setting forth the price and terms of the sale.

purchase agreement

Law; Contracts

Legal document recording the final understanding of a purchaser who agrees to buy and a seller who agrees to sell the specified item(s) under stated terms and conditions.

purchase agreement

Real estate; General

An agreement between a buyer and seller for the purchase of real estate.

purchase agreement

Real estate; General

A written document in which the purchaser agrees to buy a certain real estate and the seller agrees to sell under stated terms and conditions. May also be called a sales contract, ...

purchase agreement or purchase offer

Legal services; Courts

Also, sales agreement and earnest money contract. Agreement between buyer and seller of property which sets forth in general the price and terms of a proposed sale.