What is Sale Purchase Agreement ?

What is Sale Purchase Agreement ?

A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell. The purchase agreement is a contract which outlines terms and conditions related to sale of shares on unlisted assets platform. This document has to be signed by both buyer and seller to execute a successful trade. 


Sale purchase Agreement includes:

  • Buyer & Seller Names 
  • Buyer and seller address and contact details 
  • Agreed purchase price.
  • Quantity 
  • Type of payment 
  • Terms & Conditions of the Trade.