A Florida residential purchase agreement outlines the terms of a transaction between the seller of residential property and the buyer. In today's video, we'll take a closer look at the Florida Real Estate Purchase And Sale Agreement.Sales contracts are legally binding written agreements that govern a transaction between a buyer and a seller. Get a comprehensive understanding of Florida real estate purchase and sale agreements with our indepth overview and free template. In the first part of the contract you will need to identify the parties to the agreement. List the seller and buyer names. Improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being. Download a Florida residential purchase agreement template for buying and selling homes, covering financing terms and contingencies. Before you start - what information is needed to fill out purchase agreement? 6. Review the Seller's Disclosures.