private treaty

noun

Definition of private treaty

: a sale of property on terms determined by conference of the seller and buyer — compare auction

Recent Examples on the Web

Security equipment like full-body scanners and automatic passport gates will be available through private treaty sales after a security check of the buyers. — Palko Karasz, New York Times, "Sale at Heathrow Terminal 1. Everything Must Go.," 20 Apr. 2018 Brownfield's areas of expertise include farmland, private treaty brokerage, auctions and buyer or seller representation. — Michelle Mullins, Naperville Sun, "Naperville People in the News," 23 Mar. 2018

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More Definitions for private treaty

private treaty

noun

: a sale of property on terms determined between the buyer and the seller got better prices by private treaty than his neighbors did at auction