contract for purchase or sale(redirected from Contracts for Purchase or Sale)
Contract for Purchase or Sale
A contract for the sale of real estate. Realtor organizations set standard contracts for purchase or sale, but these forms may be changed depending on the specific nature of each transaction.
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contract for purchase or sale
A contract for the sale of real property. There is no one form for this purpose,although local boards of REALTORS® typically draft model contracts for customization and use by their members.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.