Purchase agreement template
Purchase Agreement: What is it? A purchase agreement is a legal document detailing the specifics of a transaction. This transaction could be for a variety of goods and services, including real estate. This legally binding contract should outline the specific terms and conditions for the transaction. A purchase agreement is simply a legal document giving all the details of a sale or purchase transaction, including price and terms. In a purchase agreement, the seller describes that on the mentioned date, and place, and for the specific sum of money or other mode of payment, the seller has traded the mentioned item or parcel to the purchaser.