a bond term and condition are contained in a legal contract between the buyer and the seller known as the
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A bond term and condition are contained in a legal contract between the buyer and the seller known as the agreement to sell.
- At the time of a property sale, a purchaser and seller agreement is a formal pact agreed between the potential buyer and the willing seller.
- It is equally identified as the sale agreement, which guarantees that any of the parties involved in the transaction do not default.
- Where the private property is properly transferred from the willing seller to the potential purchaser under a standard contract of sale, the contract is called a direct sale.
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