Define: Agreement Of Sale

Business, Legal & Accounting Glossary

Definition: Agreement Of Sale


Quick Summary of Agreement Of Sale


A contract where a seller agrees to sell and a buyer agrees to buy, under specific terms and conditions spelled out in writing and signed by both parties.



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Examples of Agreement Of Sale in a sentence


It’s a good idea to keep the agreement of sale on any home you sell, because the current owners may try to take you to court if there is a problem with the property.
Once the buyer signs the agreement of sale, the house is officially transferred to the new owners, and they are responsible for all liability.



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https://payrollheaven.com/define/agreement-of-sale/
Modern Language Association (MLA):
Agreement Of Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 05, 2020 https://payrollheaven.com/define/agreement-of-sale/.
Chicago Manual of Style (CMS):
Agreement Of Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/agreement-of-sale/ (accessed: April 05, 2020).
American Psychological Association (APA):
Agreement Of Sale. PayrollHeaven.com. Retrieved April 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/agreement-of-sale/

Definition Sources


Definitions for Agreement Of Sale are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st April, 2020