← All legal topics

The legal mechanics

The SPA

What's actually inside the sale and purchase agreement? The core contract behind every deal.

Step 1 of 6

One long contract

The SPA is the core legal document of any deal. Often hundreds of pages, but it's built from a handful of recurring building blocks.

This is a simplified illustration of what a sale and purchase agreement typically contains, not legal advice or a description of any specific transaction. For real examples, read the daily issues.