Agreement Of Sale

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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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Related Phrases

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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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/agreement-of-sale/
Modern Language Association (MLA):
Agreement Of Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. June 18, 2021 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: June 18, 2021).
American Psychological Association (APA):
Agreement Of Sale. PayrollHeaven.com. Retrieved June 18, 2021, 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 | 2 Views.