File Form 1099S, Proceeds From Real Estate Transactions, to report the sale or exchange of real estate. Get a comprehensive understanding of Florida real estate purchase and sale agreements with our indepth overview and free template.List the seller and buyer names. Where Does the Closing Occur? How Are Real Estate Taxes Prorated At the Closing? A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. How Are Real Estate Taxes Prorated At the Closing? What is the Florida Homestead Exemption and When Should I Apply? Fill in the contact form and get your cash offer.