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Sale Purchase Agreement (SPA)

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Sale Purchase Agreement (SPA)

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A Sale and Purchase Agreement is a legally binding contract outlining the agreed-upon conditions of the buyer and seller of a property. It is the primary legal document in any sale process. It essentially sets out the agreed elements of the deal, includes several significant protections for all involved parties and provides the legal framework to complete the sale. The SPA is therefore of critical importance to both sellers and buyers.

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