Learn about real estate purchase agreements and review tips for agents to protect buyers with well-prepared real estate contracts and negotiations. Find out everything you need to know about sales agreements: what they are, how to make one, and how to manage them using digital contract management.A master purchase agreement is a legally binding contract between buyer and seller, and typically relates to buying and selling goods rather than services. A PSA outlines the terms of a real estate transaction, including the closing date, among other details. This Master Sales Agreement (the "Agreement") is entered into between the buyer listed on the applicable Purchase Order ("Buyer") and Calimetrix, LLC. 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. Discover the foundation for a successful and collaborative business journey, ensuring seamless transactions and mutual growth. Discover the essential components of a purchase agreement contract and use our template to draft your next legally binding document. Applicable tax exemption certificates must accompany any order to which the same applies. 4. Payment. Purchasers at Texas state agencies are required to purchase from the Contract Sources if contract items meet their specifications.