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A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the buyer; the contract either does not specify a loan or includes provisions ...
Scope and content: Known as "Seward's Folly," the purchase of Alaska from Russia cleared the way for the admission of the first noncontiguous terrritory to the United States. General notes: Treaty documentation is available in "Perfected International Treaties, 1778-1945," National Archives Microfilm Publication M1247.
What life is like for a family living off-grid in a 160-square-foot wooden cabin in the remote Swedish forest with no electricity or running water Sophia Ankel Updated January 27, 2021 at 1:34 AM
While the agreement to purchase Alaska was made in April 1867, the actual purchase and transfer of control took place on October 18, 1867. The cost to purchase Alaska was $7.2 million, at 2 cents per acre. Sitka served as both the U.S. Government Capital of the Department of Alaska (1867–1884) and District of Alaska (1884–1906).
A bilateral contract is an agreement in which each of the parties to the contract makes a promise or set of promises to each other. [32] For example, in a contract for the sale of a home, the buyer promises to pay the seller $200,000 in exchange for the seller's promise to deliver title to the property.
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