The above definition makes it clear that a contract of sale contains a promise of future transfer of a property in question if certain conditions are met. This agreement itself therefore does not create any right or interest in the property for the proposed buyer. A sales contract is also called a sales contract, a sales contract, a contract contract or a sales contract. Once concluded, the sales contract remains an important document as a reference, as it covers how an earn-out should operate and contains restrictive agreements, confidentiality obligations, warranties and indemnifications, all of which can remain highly relevant. Whether you are a buyer or a seller, LegalDesk.com offers legal models for your needs. All models on our website are legally examined. If you need adjustments, you can sit down at our support team. .