Sale agreement
Commercial property & real-estate term
Also known as "Agreement of Purchase and Sale" or "Purchase Agreement:. The contract that sets out the terms and conditions agreed to by the purchaser and the vendor in the sale of land.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “S”
Speculative builder Stamp duty Sandwich lease Security deposit Soft market Seller's market Surface right Sales comparison approach