For Sales Contract we have terms and definitions in 5 topics. The topics are Accounting, Construction, Foreclosure, Mortgage and Real Estate.

Sales Contract (Accounting)

see SALES ORDER.

Sales Contract (Construction)

A contract between a buyer and seller which should explain: (1) What the purchase includes, (2) What guarantees there are, (3) When the buyer can move in, (4) What the closing costs are, and (5) What recourse the parties have if the contract is not fulfilled or if the buyer cannot get a mortgage commitment at the agreed upon time.

Sales Contract (Foreclosure)

A contract to which the buyer and seller agree to terms of sale.

Sales Contract (Mortgage)

A written agreement between parties stating all terms and conditions of a sale.

Sales Contract (Real Estate)

Same as a sales agreement, purchase agreement, etc. Not the same as a land contract, which is a conditional sales contract. See Purchase and Sales Agreement.

Similar

Browse words that start with:

• Sa
• Sal
• Sale
• Sales

Browse All Terms by First Letter

Term Search