matt bower is a developer. will jones is a builder. matt agrees to sell will a lot, but he conditions the sale by insisting that will agree to list the property with him after the home is built. what is this called Tie-in arrangement.
A tie-in agreement is any contract that mandates the purchase of certain other goods from a product's buyer as a condition of that purchase. The terms "tying agreement," "tying arrangement," "tie-in sale," "tie-up sale," and "clubbed sale" are also used to describe it. Any arrangement that mandates the purchase of other products as a condition of one purchase of goods is a tie-in arrangement, as defined under Section 3(4) explanation. The term "tying product" or "tied service" refers to a good or service that the customer purchases in accordance with their needs, whereas the term "tied product" refers to a good or service that the customer is forced to purchase.
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