private treaty


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private treaty

n
(Law) a sale of property for a price agreed directly between seller and buyer
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.private treaty - a sale of property at a price agreed on by the seller and buyer without an intervening agency
marketing, merchandising, selling - the exchange of goods for an agreed sum of money
References in periodicals archive ?
The deal took place through a private treaty sale under the SARFEASI Act to recover the dues of HTL, a public sector undertaking.
The business specialises in the sale of industrial plant and machinery assets through its online platform, physical auction centre and private treaty sales.
It is for sale by private treaty, with a guide price of PS125,000.
A multitude of airport facility and infrastructure items are being offered for sale by private treaty and through a series of auctions.
However a sale was later agreed by private treaty for the 60 acres (24.
This is the arrangement for private treaty sales, which encourages owners of important heritage objects to sell them to UK museums, ensuring that a part of our national heritage is retained in this country.
BioPharma 501213 is a private treaty sale for packaging equipment from a specialty pharmaceutical company.
We are confident it will quickly become a success and will produce faster exchanges than private treaty sales.
Auctioneer Stephen Flintoft said: "The items have been sold by private treaty, for an undisclosed sum to the Osbourne family.
The residential lot includes eight four-bedroomed and six three-bedroomed semidetached properties, which will be for sale on a private treaty basis.
It is an open, fair, quick and straightforward process, including features of the traditional private treaty route.
While it can take nearly 20 weeks from instruction to exchange for a private treaty sale, the marketing and selling of properties at auction can be carried out in an average of just five weeks.