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LSDefine

Simple English definitions for legal terms

agreement of sale

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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

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19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
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