purchase agreements

Sales transaction documents

Purchase agreements are contracts in which one party agrees to buy and another agrees to sell something—typically real estate, a business, or large quantities of goods.

The document specifies price, terms, conditions, and timelines: The purchase agreement included a contingency for financing.

In mergers and acquisitions, these agreements run hundreds of pages and govern everything from employee retention to intellectual property transfer.

Related

enforceability · buyer beware · escrow accounts · contingencies · earnest money · credit terms · jurisdiction · arbitration · breach of contract · remedies · consumer protection laws · tax implications · sign on the dotted line · fine print · letter of intent · handshake deal · price negotiation · non-compete clause

Opposites
formality of transaction

purchase agreementshandshake deals

Informal contracts without paperwork

gentleman's agreements · oral contracts · cash transactions

direction of transaction

purchase agreementssale agreements

Contracts governing commercial transactions

sales contracts

ownership transfer outcome

purchase agreementslease agreements

Contracts governing property rental

licensing agreements · loan agreements · service contracts

Family

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Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G