It is important to provide details of the goods to be sold or purchased. This will ensure that both parties know what the deal is about, and it will help in record keeping. See more

The agreement should also contain how much the seller has agreed to sell and how much the buyer has paid for it. When it is in the case of a service rendered, the type of service an… See more

The payment type is the method that the buyer will use to pay. Different payment methods include cash, bank draft, certified check, email transfer, promissory note, etc. You must p… See more

This is also known as good faith deposit. You pay a sum of money to prove how serious you are about purchasing a property. Usually, earnest money serves as a deposit o… See more