What does Contract of Sale mean?

A contract of sale is a legal document that outlines the terms and conditions of a real estate transaction. It typically includes the purchase price, the closing date, and any contingencies or special provisions. A contract of sale should be carefully reviewed and understood by both the buyer and the seller before it is signed.

Related Terms

Mixed-Income Housing Seller Broker Usury Return on Investment Median Price Abstract of Judgment, Law Rehabilitation Mortgage Liabilities Contingency Listing Prequalification Escrow Payment Government National Mortgage Association Cap Controlled Growth Codicil Density Test Notice of Default Disability Insurance