Additional Guarantee

• MFPAs agreements are often used in real estate transactions to speed up payment for the object or service that is received under the contract. MFPAs are usually constructed by the seller to guarantee that the contractual obligations will be met on time.
  
  

Terms and Conditions

• Aspects of MFPAs that are common are non-disclosure and solicitation. Often the seller will require that the buyer does not discuss the terms of the original contract with other parties, and that the buyer will not look to outside parties for services that the contract is based upon.
  
  

Penalties

• MFPAs also usually contain a section that specifically sets down what the penalties will be for failure to comply with the non-disclosure and solicitation aspects of the agreements. Penalties typically consist of damages, fees, compensation, and legal fees acquired due to possible litigation for violating the agreement.