What Is A Purchase Agreement?A Purchase Agreement • June 13th, 2021
Contract Type FiledJune 13th, 2021A purchase agreement is a type of contract that outlines terms and conditions related to the sale of goods. As a legally binding contract between buyer and seller, the agreements typically relate to buying and selling goods rather than services. They cover transactions for nearly any type of product. In real estate, for example, the purchase agreement outlines the purchase price and other conditions for a title transfer. You may also hear them referred to as a purchase contract, a purchase and sale agreement, or a sale contract.