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Private Treaty
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Private treaty. The term 'private treaty' means simply that a piece of land or a property is being sold by one party to another without the help of an auction .
Land may be offered for sale by private treaty, meaning it is up for sale but not by auction.
See Also: Mortgage Centre and Mortgage comparison Service for the latest facts and figures.
Last Updated: February 2008 © Moneyextra.com
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