Definition of private treaty in English:

private treaty

Syllabification: pri·vate trea·ty

noun

  • The agreement for the sale of a property at a price negotiated directly between the vendor and purchaser or their agents.
    More example sentences
    • 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.

More definitions of private treaty

Definition of private treaty in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day maelstrom
Pronunciation: ˈmeɪlstrəm
noun
a powerful whirlpool in the sea