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Arnavutköy, being one of the rising districts of Istanbul, offers many opportunities for those who want to own land. However, in the land purchase process, purchase and sale contracts are an important issue that investors may encounter. In this article, information about the purchase and sale contracts in the Arnavutköy land purchase process will be given.
What is a Purchase Agreement?
A purchase contract is an agreement between two parties. With this contract, the buyer gets a good or service for a certain price. The purchase contract is important to minimize the risks that investors may encounter while purchasing land.
What Information Is Included in the Purchase Agreement?
A purchase contract is an agreement between the buyer and the seller. This contract contains all the information necessary for the sale of the land. The purchase agreement includes the following information:
Information of the parties: The purchase contract includes the name, address and other contact information of the buyer and seller.
Properties of the commodity: The purchase contract includes the properties, dimensions and other technical information of the purchased commodity.
Price and payment terms: In the purchase contract, the price of the purchased goods and payment terms are specified.
Delivery and delivery date: The delivery and delivery date of the goods are specified in the purchase contract.
Warranty and return conditions: The warranty and return conditions of the goods are specified in the purchase contract.
What is a Sales Contract?
A contract of sale is an agreement for the sale of a good or service. The sales contract is important to minimize the risks that investors may face while selling land.
What Information Is Included In The Sales Contract?
A contract of sale is an agreement for the sale of a good or service. This contract contains all the information necessary for the sale of the land. The sales contract includes the following information:
Information of the parties: The sales contract includes the name, address and other contact information of the seller and the buyer.
Properties of the goods: The sales contract includes the properties, dimensions and other technical information of the goods sold.
Price and payment terms: In the sales contract, the price of the goods sold and the payment terms are specified.
Delivery and delivery date: The delivery and delivery date of the goods are specified in the sales contract.
Warranty and return conditions: The warranty and return conditions of the goods are specified in the sales contract.
What is the Difference Between Purchase and Sale Contracts?
A purchase contract is an agreement between the buyer and the seller. In this contract, the buyer receives a good or service for a specified price. A contract of sale, on the other hand, is the transaction of the seller selling the goods to the buyer for a certain price.
The purchase contract protects the rights and responsibilities of the buyer, while the sales contract protects the rights and responsibilities of the seller. Purchase and sale contracts provide legal protection for both parties.
In the process of purchasing land in Arnavutköy, purchase and sale contracts are an important issue that investors may encounter. The purchase contract protects the rights and responsibilities of the buyer, while the sales contract protects the rights and responsibilities of the seller. For this reason, investors who want to buy or sell land are recommended to act correctly by getting the support of a reliable expert.
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