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SZERZŐDÉSÍRÓ KISOKOS
SZERZŐDÉSÍRÓ KISOKOS | Exercises | Phraseology of sales contracts


Choose the most appropriate term from the list below.
Insert the appropriate verbs in the blank space. Please note that not necessarily one option is possible.

START
The Seller and the Buyer are hereinafter collectively _________ as Parties.
referred to
mentioned
regarded as
referenced to
The Parties hereto __________ this Sales Contract...
join into
enter into
prepare
execute
...with the purpose of ______ title to the above specified Property.
delivering
consigning
passing
transferring
Buyer shall ________ the purchase price to Seller in accordance with the following schedule.
fulfil
pay
effect
balance
The balance shall be ___________ the purchase price.
set off against
included in
be involved
charged against
Seller shall __________ the Property to Buyer on the day the balance of the purchase price is paid.
deliver
demise
submit
assign
The Parties agree to _________ liquidated damages.
incur
pay
assess
fulfil
If the period of delay is more than 30 days, the Buyer may ________the Contract.
terminate
end
cancel
withdraw
By signing this Contract, Seller _________ to the registration of the sale transaction with reservation of title.
concerns
contracts
concerts
consents
Upon the _________of this Contract, Buyer shall pay to Seller one million Hungarian Forints.
charging
execution
delivering
drafting
The Parties hereto _________ that Buyer is a business entity registered in Hungary.
declare
represent
fix
profess
The Parties shall ______ this delivery in writing.
note
fulfil
record
perform
Upon the execution of this contract, Buyer shall ______ to Seller one million HUF as earnest money.
send
pay
transmit
pass
After the delivery, Buyer may __________ the property and enjoy its benefits.
use
perform
fulfill
have
Seller unconditionally _________that the Property is free of liens, claims and encumbrances.
promises
agrees
finds
warrants
The Buyer shall ________ all obligations from the moment the keys have been delivered.
assume
accept
accord
assign
Buyer shall _________ all costs of the acquisition.
back
bore
bring
bear
The Parties hereto _______ into this Sales Contract to transfer title to the above specified Property.
access
ingress
enter
acceed
Seller _________ receipt of the amount of earnest money in full by signing this Contract.
adopts
approves
acknowledges
appends
Both Parties _________ the legal consequences of earnest money.
understand
comprehend
apprehend
acknowledge


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