The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. Grab your free PandaDoc-approved Real Estate Agreement template, and customize to the format of a Word doc or a PDF file to send within minutes.A copy of the property condition disclosure statement containing the signatures of both seller and buyer shall be attached to the real estate purchase contract. Welcome to the Suffolk County Clerk's Office. At one time or another either directly or indirectly, every resident of Suffolk County deals with our office. A commercial purchase agreement is a legal real estate contract that transfers commercial property ownership from a seller to a buyer. Navigate your real estate purchase with confidence. Discover essential steps, from hiring a lawyer to closing, for a smooth transaction. Contract of Sale (Sales Agreement); Deed to the property. Can the seller of a commercial property back out of a purchase contract after signing it?