sales agreements

Deal-closing paperwork signed

Sales agreements are contracts between a buyer and seller specifying terms of a transaction—price, quantity, delivery, payment conditions, and warranties.

They range from simple receipts to elaborate documents governing complex purchases: The sales agreement included a thirty-day inspection period.

In real estate and business acquisitions, sales agreements typically precede closing and bind both parties to complete the deal under stated conditions.

Related

clauses · obligations · covenants · warranties · acceptance · sign on the dotted line · service contracts · consumer protection laws · due diligence · good faith · purchase price · payment terms · arbitration · drafting · non-compete clause · bargaining · representations · conditions

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Opposites
formality of commitment

sales agreementsgentlemen's agreements

Unwritten deals based on honor

handshake deals · gentleman's agreements · oral agreements · letters of intent

transaction direction

sales agreementspurchase agreements

Contracts governing acquisitions

purchase orders

deal status

sales agreementscontract breaches

Failures to fulfill agreements

Family

sale, sales, agree, agrees, agreed, agreeing, agreement, agreements, agreeable

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