Last Updated
:2025/12/07
exchange contracts
Verb
Northern-Ireland
idiomatic
Japanese Meaning
不動産取引において、買主と売主が正式な契約書を交換し、取引の成立を確定する行為を指す(通常、一方が保証金を支払うことを条件とする)。 / イギリスおよび北アイルランドの法律用語として、土地の権利移転や処分に際して、参加者が正式な契約を締結することを意味する。
Sense(1)
( present singular third-person )
( participle present )
( participle past )
( past )
Quizzes for review
(law, England & Wales, Northern Ireland, idiomatic) To formally contract to purchase, sell or otherwise be party to a disposition of an estate in land; usually requiring the payment of a deposit by one of the parties.
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exchange contracts
The parties will exchange contracts on Monday, after which the sale of the estate will be legally binding.
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The parties will exchange contracts on Monday, after which the sale of the estate will be legally binding.
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