What is another word for private treaty?
Pronunciation: [pɹˈa͡ɪvət tɹˈiːti] (IPA) 
Private treaty refers to a type of transaction that takes place between two individuals without the involvement of third parties. When dealing with real estate, this type of sale is also known as an off-market sale. Some synonyms for private treaty include "closed tender," "direct sale," "direct negotiation," and "quiet sale." A private treaty sale may occur when a seller needs to maintain confidentiality or desires more control over the sale process. Private treaty is commonly used in the sale of high-end properties, as the sale price is typically not made public. Additionally, a private treaty sale can be advantageous to buyers as it offers the opportunity for negotiation and potentially securing a better deal.
