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On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.

An offer to purchase is also commonly referred to as an agreement of purchase and sale. An offer to purchase (or agreement of purchase and sale) outlines the terms upon which the buyer agrees to purchase the property from the seller.

Depending upon the area, the contract may be referred to as an offer to purchase, a contract of purchase and sale, a purchase agreement, and earnest money agreement, or a deposit receipt. Contains the complete agreement between a buyer of a parcel of real estate and the seller.

A purchase agreement is the final document used to transfer a property from the seller to the buyer, while a purchase and sale agreement specifies the terms of the transaction. Parties will sign a purchase agreement after both parties have complied with the terms of the purchase and sale agreement.

A purchase agreement is an offer that evolves into a contract. A purchase agreement, also known as a real estate sales contract, is the document the buyer and seller use to detail the sale price and terms.

An offer is a written proposal to buy a property with conditions baked in. The buyer's agent helps to write it up and delivers it to the seller's agent. Purchase agreements are an actual agreement between the buyer and the seller also sometimes called a real estate contract.