exclusive sale contract
1exclusive sales contract — A contract by which a manufacturer or wholesale dealer agrees to sell his commodities exclusively to a dealer in a particular locality, or the dealer agrees to purchase exclusively from the manufacturer or wholesaler. Such a contract is valid… …
2exclusive sale — With respect to a real estate broker, an agreement by the owner that he will not sell the property during the life of the contract to any purchaser not procured by the broker in question. See exclusive agency listing listing …
3contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …
4sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …
5exclusive agency — A term embracing three classes of situations: (1) where the contract does not prevent the principal from making direct sales but deprives him of the right to appoint other agents; (2) where the agent is the only one with any right to sell; and… …
6exclusive right of sale — The right of an agent to be the sole sale s agent appointed by his principal and to be free from competition by the principal personally. 3 Am J2d Ag § 259. Not the same exactly as an exclusive agency. An exclusive agency to sell having been… …
7contract — {{Roman}}I.{{/Roman}} noun 1 written agreement ADJECTIVE ▪ long term, permanent ▪ guaranteed (esp. AmE) ▪ casual (BrE), fixed term (BrE), short term …
8exclusive agency listing — Agreement between a property owner and a real estate broker whereby the owner promises to pay a fee or commission to broker if his real property is sold during the listing period, regardless of whether the broker is responsible for the sale.… …
9exclusive agency listing — Agreement between a property owner and a real estate broker whereby the owner promises to pay a fee or commission to broker if his real property is sold during the listing period, regardless of whether the broker is responsible for the sale.… …
10sale or exchange — A transfer of property from one man to another in consideration of some price or recompense in value. 2 Bl Comm 446. A mortgagor s conveyance of the realty to the mortgagee in consideration of a cash payment and cancellation of the mortgage and… …
