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Purchase Contract (Noun)

Meaning

A contract stating the terms of a purchase.

Classification

Nouns denoting communicative processes and contents.

Examples

  • The buyer signed the purchase contract to confirm their agreement with the seller.
  • The purchase contract included a clause that allowed the buyer to back out if the property had any major defects.
  • The lawyer reviewed the purchase contract carefully to ensure that the seller was complying with all of the terms.
  • The purchase contract was contingent on the buyer securing financing for the property within 30 days.
  • Before making an offer, the buyer's agent provided them with a sample purchase contract to review and understand the terms.

Synonyms

  • Purchase Agreement
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