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Absolute Sale Law and Legal Definition

Absolute sale is a sale in which property passes to a buyer upon completion of an agreement or bargain between the parties. An absolute sale takes place without conditions. The title is transferred by the seller to the buyer without any restrictions other than payment of an agreed-upon amount of money. A deed of absolute sale is an agreement between a seller and a purchaser legalizing purchase of a property.

Legal Definition list

• Absolute Return Index
• Absolute Privilege
• Absolute Priority Rule
• Absolute Poverty
• Absolute Pardon
• Absolute Sale
• Absolute Title
• Absolute Triple Net Lease
• Absolute-Bar Rule
• Absolutism
• Absolve

Related Legal Terms

• Absolute
• Absolute Acceptance
• Absolute Advantage
• Absolute Assignment
• Absolute Breadth Index
• Absolute Contraband
• Absolute Conveyance
• Absolute Covenant
• Absolute Deed
• Absolute Defense