This Agreement for Purchase and Sale of Real Property and Escrow. ("Broker") beginning (date).An agreement to sell real estate, or a purchase agreement, is a legally enforceable document that specifies the terms of a real estate transaction. 1.1. Sale of Property. A description of the property and the plot involved. Seller shall sell to Purchaser, and Purchaser shall purchase from Seller, at the price and upon the terms and conditions set forth in this Agreement. At Close Of Escrow: (i) Seller assigns to Buyer any assignable warranty rights for items included in the sale; and (ii) Seller shall. This Agreement shall be governed, construed and interpreted in accordance with the laws of the. (Seller), and. (Buyer). This contract sets the terms of the sale, protects both parties and outlines everything from price to inspections to contingencies.