What is the term for a written agreement that outlines the terms of a sale between the buyer and seller?

The term that accurately describes a written agreement outlining the terms of a sale between the buyer and seller is known as a "Contract of Sale." This document serves as the foundational agreement that details the rights and obligations of both parties involved in the transaction. It generally includes critical elements such as the purchase price, payment terms, property description, and any conditions that must be met for the sale to proceed.

A "Deed of Sale" typically refers to the document that formally transfers ownership of the property, but it does not outline the terms of the sale like the Contract of Sale does. A "Sales Agreement" can sometimes be used interchangeably with a Contract of Sale, but in legal contexts, the more recognized term is usually the Contract of Sale. "Property Transfer Document" is a broader term that could encompass various legal documents involved in the transfer of property, but it lacks the specificity needed to denote the agreement made prior to the transfer. Thus, the selection of "Contract of Sale" correctly identifies the specific agreement detailing the transaction between the buyer and the seller.