sale contract

Binding transaction papers

A sale contract is a legally binding agreement in which one party agrees to transfer ownership of goods or property to another in exchange for payment.

The term appears in legal, business, and real estate contexts: The sale contract specified a closing date of March 15.

Also called a contract of sale or sales contract.

Opposites
formality of agreement

sale contracthandshake deal

Unwritten mutual commitment

gentleman's agreement · verbal agreement · oral agreement · tacit understanding · word of honor

direction of transaction

sale contractpurchase contract

Binding deal for acquisition

purchase agreement

contract status

sale contractcontract breach

Failure to meet agreement

no deal · contract cancellation

Family

sale, contract, sales, selling, seller, resale, contracts, contracted, contracting

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Rated G