What is ABSOLUTE SALE?

When an agreed payment is made the property is considered transferred from the seller to the buyer. This payment has no stipulations in this simple transaction.

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Related Legal Terms
TERMS OF SALE, SALE ON CREDIT, ABSOLUTE OR CONDITIONAL CONVEYANCE, ABSOLUTE INTEREST, FEE SIMPLE ABSOLUTE IN POSSESSION, ABSOLUTE ASSIGNMENT, ELECTRONIC FUNDS TRANSFER AT POINT-OF-SALE (EFT-POS), POINT OF SALE METHOD, CONTRACT FOR SALE OF LAND, CASH SALE


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