Purchase and sale agreement (PSA)
A purchase and sale agreement is the binding contract in which a buyer agrees to buy and a seller agrees to sell real property on stated terms. For data center land it sets price, deposits, the due diligence period, closing conditions such as power or zoning approvals, and title and survey requirements. Contingencies tied to utility commitments are common and heavily negotiated.
The full guide · Feasibility, diligence & dealsSelling or Leasing Land to a Data Center DeveloperHow landowners sell or lease land to data center developers: options, purchase contracts, ground leases, joint ventures and what developers look for.Where Purchase and sale agreement comes up
- Decisions and trade-offsBuy, Option or Lease: How Developers Secure Data Center Land
- Feasibility, diligence & dealsLetters of Intent for Data Center Land Deals: Binding Terms, Exclusivity and Pitfalls
- Feasibility, diligence & dealsDue Diligence Periods and Purchase Contingencies for Data Center Land
- Land & site fundamentalsData Center Land Option Agreements: Key Terms for Landowners
- Land & site fundamentalsAgricultural Tax Status and Rollback Taxes When Farmland Is Developed