This is a Legally Binding Contract; If Not Understood, Seek Competent Legal Advice. This video provides a step-by-step guide on how to fill out Maryland's Residential Contract of Sale form.Get a comprehensive understanding of Maryland real estate purchase and sale agreements with our indepth overview and free template. A For Sale By Owner contract Maryland must include: 1. The Purchase Price, 2. This file contains the Maryland Residential Contract of Sale, essential for buying or selling improved single-family residential real estate in Maryland. This legal document is a template for the sale of goods. A written sales contract helps you and the other party to better understand the terms of the agreement. A Maryland residential purchase agreement is a legally binding document between a buyer and seller for the sale of a home. Property Description: The Seller agrees to sell, and the Buyer agrees to purchase the property located at , Maryland.