This document outlines the terms of a land purchase agreement between Noble Realty and an unnamed purchaser. Download our printable land purchase agreement template to complete the transaction of land with another party.Use it to make the process much simpler. A land purchase contract outlines a transaction between a seller who agrees to sell raw land to a buyer for an agreed-upon sales price. Purchaser will entitle the Purchaser to cancel the purchase of the. Property and invoke the provisions of section 28 of the ALA, as set out in clause 33 below.