it’s always a good idea to confirm the terms and conditions with the other party before drafting the agreement. legal documents include the relevant details, terms, and conditions associated with a transaction. sales contracts are legal documents between a buyer and a seller of an asset, usually real estate, that specify the terms of the sale and the parties’ rights and responsibilities in the transaction. asset purchase agreements , also known as apas, are contracts between a buyer and a seller that spells out the terms and conditions of a company’s asset purchase and sale.

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