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A purchase and sale agreement is used to document the parties' intentions and the terms they have agreed will govern the transaction. You can include specific terms like the product or property, the price of the product or property, conditions for the delivery of the product, and the date of product delivery.
A sales and purchase agreement (SPA) is a binding legal contract between two parties that obligates a transaction to occur between a buyer and seller.
Term. Definition. Independent Sales Organization (ISO) An independent sales organization (ISO) is a company that provides standalone credit card processing services for merchants. Many merchants obtain payment processing through the bank or other financial firm that provides their merchant account.
An ISO agreement outlines the terms and conditions of the relationship between the ISO and the processing company, including the services that the ISO will provide to merchants which can include equipment deployment, sales, training and customer service, the fees that the processing company will pay for those services, ...
A purchase and sale agreement, or PSA, is a document that is written up and signed after a buyer and seller mutually agree on the price and terms of a real estate transaction.
Subparagraph E states that the balance of the purchase price (which must be filled in) will be deposited in escrow prior to closing.
A purchase price agreement specifies that one party will purchase an asset from another party for a specific price. These agreements are commonly used for real estate transactions. They can also be very similar to sales agreements.