A "sale" is (colloquially) a completed transaction where the only remaining duties of the buyer may be timely rejection after inspection, and the only remaining duty of seller is to honor any express or implied warranty. This assumes the full price was paid during the sale and the goods were delivered, otherwise, the sale is not technically complete.
An "agreement to sell" is a contract that envisions (or defines) a future sale, thus all conditions precedent and other terms (delivery, payment, etc), continue to be "executory", that is, are yet to be fully carried out. A breach of this contract could result in a court order of specific performance, or for damages caused by the loss of the opportunity to buy or sell.
An agreement to sell is just that. A promise if you will, that you will sell something to someone.
A sales contract is far more important and far more legal. If for example you want to purchase a new car, this contract that you and the dealer fill out is called a Sales Contract, and both parties are bound by what this contract says.
More Information:
in a contract of sale:
in a contract to sell:
Agreement for sale is a agreement between parties that on such and such terms the sale to take place. Terms and conditions could be agreed and sale to be completed on agreed future date with payment.
Sale Deed is a document executed at the time of finalising the sale deal. when entier amount is paid and property is conveyed sale deed is executed.
Deed of assignemnt is a deed by which interest in the proprty is transfered and assigned to another. Like tenancy rights and other rights of protperty can be assigned as it cant be sold.
There may be no difference. The "big" difference is between a sale and a closing. A sale may simply mean that the property is under contract, meaning the owner and a prospective buyer are parties to a binding contract for sale and purchase of the property. The closing is the event at which the deed normally is delivered with other documents related to the transfer of ownership and the buyer pays for the property. But the contract of sale may contain various conditions and contingencies that could prevent closing or allow one or the other party to back out of the contract, the sale may not be a "done deal."
You agree to sell something to someone, after the money has changed hands, that is the sale.
They are the same thing.
Sale is a noun; and sell is a verb. Examples: "I made a sale." "Did you sell your car yet?"
"Contract of sell" is just "contract of sale" misspelled.
The contract to sell refers a binding legal agreement between the buyer and sell about the sale of something. The contract to sell is usually enforceable by law.
A agreement to sell becomes a sale when the prescribed time elapses or the conditions, subject to which the property in the goods is to be transferred, are fulfilled.
The difference between the sale price & loan balance is what they will bill you for.
Best effort agreement is an approach that investment bankers best effort agreement with a company that he will sell the shares on firm desired price while underwriter purchase share of all firm which is not to be able to sold when new shares are offer for sale in market.by: KHURRAM NAWAZ
A clearence is when the clothing for example is out of season and needs to be sold and a sale is when the store owner takes a specific percentage off of that price to sell more of the item.
Yes, it would be wise to have a buy-sell agreement. A buy sell agreement is a legal and binding contract between co-owner that determines when and how a co-owner can sell their interest in the business.
Franchisee is an agreement between two parties of endorsing a right to use or sell of products, services of other party. Royalty is the amount of income which will get by other party, who transferred the right to use or sell products, services through Franchisee agreement. Thank You, Naresh Peddineni Chartered Accountant.
Deferentiate between hospital and industrial organisations
Between them exist a simple line of difference, a monopolist can sale more with less money CHACHA!