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Multiple transactions to the same vendor on the same day when the combined total of the orders exceed the Purchasing Card transaction limit of $2,500 is considered splitting purchase transactions. Whether the action is intentional or not, it is a violation of the SC Procurement Code.
The Purchase Agreement is an official legal document and usually includes items like: 1  The purchase price of the home. Make sure the contract specifically states that the price can not be changed. 2  Who is responsible for what closing costs. There are many closing costs involved in purchasing a home.