Sales agreement

Sales agreement – this legal term finds application in the Law of Contracts, where refers to concluded agreement between one party, called “seller”, which owns legal rights on property, item, product or rights, and wishes to transfer ownership of these towards another party, called “buyer” against monetary remuneration, called “price” and always accountable in money. With payment of the sale price the title of the subject of sale, is transferred from the seller towards the buyer. In practice, variations of sale agreement are the private purchase contract, the Title Deed, the contract for sale of shares, etc.

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