Get a comprehensive understanding of Pennsylvania real estate purchase and sale agreements with our indepth overview and free template. The Consumer Guide is designed to help consumers better understand the major terms of the Standard Agreement for the Sale of Real Estate (Form ASR).A Pennsylvania residential purchase agreement establishes a legal arrangement between a buyer and a seller in a real estate transaction. Purchase and Sale Agreement. Contains any condition not specified in this Agreement (e.g. Company shall promptly notify the Authority in writing of any anticipated delay in the scheduled delivery date, and the. The form records critical details such as buyer and seller information, a property description, the method of financing, and sales price. The Consumer Guide is a booklet designed for members only to provide to their clients who may be entering the real estate market as a buyer or seller. This document is a legally binding contract for the purchase of a property located in Philadelphia, Pennsylvania. Any attempted assigning or delegation without written consent will be void. 20.