Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

agreement of sale

Read a random definition: dooced

A quick definition of agreement of sale:

Agreement of Sale: A legal document that outlines the terms and conditions of a sale between a buyer and a seller. It includes details such as the price, payment method, and delivery date. This agreement is important to ensure that both parties understand their obligations and rights in the transaction.

A more thorough explanation:

An agreement of sale is a legal document that outlines the terms and conditions of a sale between a buyer and a seller. It is a contract that sets out the details of the transaction, including the price, payment terms, and any other relevant information.

John wants to buy a car from Jane. They agree on a price of $10,000 and John agrees to pay in three installments over the next three months. They sign an agreement of sale that outlines these terms and any other relevant details, such as the make and model of the car and the date of the sale.

Another example could be a real estate transaction. A buyer and seller agree on a price for a house and sign an agreement of sale that outlines the terms of the transaction, such as the closing date and any contingencies.

These examples illustrate how an agreement of sale is a legally binding contract that sets out the terms and conditions of a sale between a buyer and a seller.

agreement of rescission | Agreement Relating to Liability Limitation of the Warsaw Convention

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.