What is a Sales and Purchase Agreement (SPA)?

A sales and purchase agreement (SPA) is a legally binding document issued between two or more parties in relation to selling something from the seller to the buyer. It sets out the transaction elements, alongside a number of important protections to the parties involved and provides the legal framework to complete the sale.

The SPA is used in all trade areas, although it is commonly used for real estate transactions. The sales agreement contains the buyer and seller’s detailed information, detailed information related to the sold property, the agreed price, the payment method, and the completion of the selling transaction. The sales agreement sets out the various rights and obligations of both the buyer and seller. It might also require other documents to be executed and recorded in the public records.

The sale and purchase agreement (SPA) is one of the most critical documents in people’s life. It should be approached carefully and wisely, with legal experts guiding both parties. AIO Services can draft you a tailored Sale and Purchase Agreement (SPA) at a very competitive price. You can read more about how AIO drafts tailored agreements and contracts HERE.

Please email us to discuss the details of your agreement

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AIO Legal Services is a law firm based in Cairo, Egypt, specialising in civil litigation for businesses and individuals in the Egyptian Courts. Through partnerships, AIO Services conducts civil litigation in Oman, UAE and Lebanon. AIO also offers online legal services, such as legal drafting, writing, research, translation, and general legal advice.