THIS OFFER TO PURCHASE REAL PROPERTY (the "Offer") is entered into between. The parties to this agreement to convey real estate agree as follows: 1.Description of Property. A Michigan residential purchase agreement is a contract outlining all the terms and conditions of a residential property sale between the buyer and the seller. Michigan is a little bit unique in that this is not the case here. The Michigan residential purchase and sale agreement is a document through which a seller of residential property agrees to transfer ownership to a buyer. The purchase agreement attached here is a standard agreement between the buyer and seller, for properties located in Michigan. Download a Michigan residential purchase agreement template to define buyer and seller obligations, financing, and inspections.