My ultimate purchase and sale agreement designed exclusively for wholesalers and break it down for you. Learn about real estate purchase agreements and review tips for agents to protect buyers with well-prepared real estate contracts and negotiations."Scheduled Payment" shall mean each scheduled monthly payment of principal and interest on a Loan. "Seller" shall have the meaning set forth in the preamble. I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. This form is copyrighted and may only be used in real estate transactions in which. Is involved as a TAR authorized user.