Define: Private Sale

How is Private Sale defined in a legal contract?

• Private Sale means a transaction involving the exchange or barter between two parties that aren't required to obtain any permits or approvals. Seen in 11 SEC filings
• Private Sale means a transaction involving a change of ownership of domestic animals between two parties. Seen in 10 SEC filings
• Private Sale means any transaction involving the transfer of securities, other than a transfer made in a publicly available distribution in accordance with an effective registration. Seen in 7 SEC filings
• Private Sale means any privately arranged transaction between parties for the sale and purchase of equity securities, excluding transactions conducted in the open market at prices close to the then prevailing market price. Seen in 7 SEC filings
• Private Sale means a transaction where a property is sold by the property owner or on the property owner's behalf, other than at auction. Seen in 7 SEC filings

Note: The interpretations above are rephrased to make it more comprehensible for everyone and removing specific clauses, organizational names, locations, and numbers generating a universal definition that can be used globally.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of private sale' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Private Sale means a privately arranged transaction, outside of public markets, involving two parties transferring ownership of an item, asset or security, without any necessary permits.

Relevant Contract Types

• Private Sales Agreement
• Purchase Agreement
• Asset Purchase Agreement
• Sale of Goods Contract
• Contract for Deed

Relevant Circumstances

• Sale or transfer of personal items
• Art sales between collectors
• Sale of animals in a farm setting
• Property transactions directly between owners
• Exchange of securities outside of public markets

Relevant Sectors

• Real Estate
• Art
• FinTech
• Agriculture
• Ecommerce

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