Bit is a central node where staff, content and knowledge can be viewed in a comprehensive document. Buyers and sellers can use Bit to create sales contracts, work together in real time, and store all assets in one place for quick and easy access. In a service contract, you must define a payment plan. Here are the decisions to make: While a sales contract and a sales contract have similar goals, a sales contract offers a more detailed payment plan and offers guarantees for the item. It also allows both parties to show greater flexibility before the conclusion of the contract, by granting conditions to secure the goods before purchase. The deed of sale is the most important legal document by which a seller transfers his right of ownership to the buyer who then acquires absolute ownership of the property.