A commercial purchase agreement is a legal real estate contract that transfers commercial property ownership from a seller to a buyer. PRODUCER is willing and able to grant an exclusive world-wide right to market and sell the Subject Product to the CUSTOMER on the terms set forth herein;. C.In this video I'm going to show you how to do a purchase and sale agreement and an assignment agreement all together. Find out what a property purchase contract is and the different types. Discover a sample model to ensure a transparent transaction. An agreement to sell real estate, or a purchase agreement, is a legally enforceable document that specifies the terms of a real estate transaction. Model Form of Contract of Sale — Office, Commercial and Multi-Family Residential Premises. Purchase and Sales Contract 101 - Writing the As Is Contract. This resource provides information about what provisions must be included in the written agreement pursuant to the NAR settlement as well as other provisions. It's another way of saying "you are not doing what you promised to do in the purchase agreement that you signed" (meaning the real estate contract).