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  2. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    A term sheet is a bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer. It is usually the first documented evidence of a possible acquisition . [ 1 ]

  3. HUD-1 Settlement Statement - Wikipedia

    en.wikipedia.org/wiki/HUD-1_Settlement_Statement

    Federal regulations require that unless its use is specifically exempted, either the HUD-1 or the HUD-1A, as appropriate, must be used for all mortgage transactions that are subject to the Real Estate Settlement Procedures Act. Prior to October 3, 2015, the form was used in closed-end consumer credit transactions that were secured by real ...

  4. What is a seller net sheet? - AOL

    www.aol.com/finance/seller-net-sheet-145940582.html

    Net sheets are typically prepared by real estate agents. Though they contain a lot of the same information, a net sheet is not the same as the legal document known as the closing statement.

  5. Heads of terms - Wikipedia

    en.wikipedia.org/wiki/Heads_of_terms

    A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.

  6. Right of first refusal - Wikipedia

    en.wikipedia.org/wiki/Right_of_first_refusal

    Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties: the owner, the third party ...

  7. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    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.

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