sales agreement
Deal closing document
A sales agreement is a contract between a buyer and seller specifying terms of a transaction—price, payment schedule, delivery conditions, warranties.
The term applies across contexts from real estate to wholesale goods.
Unlike a simple receipt, a sales agreement typically binds both parties before the exchange is complete: We signed the sales agreement, but closing isn't until next month.
- termsConditions of an agreement
- fine printMiniature contractual text
- considerationCareful thought or compensation
- warrantiesWritten repair commitments
- offerProposal to provide
clauses · acceptance · good faith · shake hands · contract law · indemnities · negotiation · obligations · closing · execution · sign on the dotted line · amendments · conditions · dispute resolution · payment terms · covenants · signatures · commercial law
- contractsbinding contracts, contract length, lease, clause, contract terms
- sales contractssales contract, purchase contract, land contract
- sales paperworkinvoice, receipt, sales slip, purchase order, quotation
- commercetrade, banking, merchant, imports, sales
- export termsexport markets, export duties, bill of lading, commercial invoice, customs broker
sales agreementgentleman's agreement
Informal pact based on trust
handshake deal · no contract · oral agreement · verbal commitment · verbal promise
sales agreementcontract termination
Ending a legal agreement
contract cancellation · breach of contract · rescission · impasse · deadlock