Description of Property. Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller certain improved real property commonly known as.At a bare minimum, a binding purchase agreement for real estate in Michigan must be in writing and must include all of the following essential terms:. 1. Identify the Buyer and Seller details. This free Michigan real estate purchase agreement template addresses key aspects like purchase price, contingencies, and closing terms. Download Michigan Sales Agreement template, modify and send for signing using BoloForms Signature. In consideration of the Purchase Price and other covenants set forth in this. Get up and running quickly with a master service agreement template Michigan. This downloadable template will get you selling in no time.