The agreement for the sale of a property at a price negotiated directly between the vendor and purchaser or their agents.
- The property is for sale by private treaty with a price tag of £99,000.
- The property is for sale by private treaty and the selling agents are seeking offers in the region of £450,000.
- This property is for sale by private treaty and selling agent Olivers is guiding €1.3 million.
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Syllabification: pri·vate trea·ty
Definition of private treaty in:
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