What is another word for exchange contracts?
Pronunciation: [ɛkst͡ʃˈe͡ɪnd͡ʒ kˈɒntɹakts] (IPA) 
When purchasing or selling a property, both parties must exchange contracts to legally confirm the sale. However, this term can be expressed in different ways, such as "signing agreements," "setting in stone," "finalizing the deal," or "sealing the deal." Another synonym for this process is "concluding the transaction," which incorporates all the aspects of buying or selling a property. Additionally, "swapping contracts," "handing over contracts," and "exchanging deeds" are also commonly used terms to describe the same concept. Whatever the wording used, it is important to ensure that both parties understand and agree to the terms of the contract before completing the exchange.
